A Norwegian investor has filed an application to operate two 60-acre salmon farms in Frenchman Bay.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
One year later, from job cuts to online commerce, virus reshaped U.S. economy
A once-in-a-century pandemic has ground on for a year, throwing millions out of work and upending wide swathes of the American economy.
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Posted inBusiness, Maine, News
Pandemic-era jobless aid payments approach $2 billion in Maine
The amount the state has paid out in jobless benefits since the pandemic started is almost as much as it paid out in the previous 15 years combined.
Posted inBusiness, Nation & World, News
U.S. jobless claims fall to 712,000 as pace of layoffs eases
As vaccinations are increasingly administered around the country, business limitations are gradually eased and optimism about the economy is rising.
Posted inBusiness, Maine, News
Lawmakers, including some Democrats, worry Maine’s solar policies too generous
Three Republican-sponsored bills that would trim or roll back incentive programs for solar energy installations face a public hearing next week.
Posted inBusiness, Maine
At risk or on the front lines, some feel left behind by Maine’s vaccination plan
Mainers with serious health conditions and those with high-risk jobs are among those still waiting for their shot at COVID-19 vaccine.
Posted inBusiness, Nation & World, News, Politics
Restaurants are big beneficiaries of COVID-19 relief bill
The relief package awaiting President Biden’s signature includes $28.6 billion in grants for restaurants whose revenue fell in 2020 because of the pandemic.
Posted inBusiness, Maine, News
Portland’s first adult-use cannabis shop to open Friday
The city approved 2 license applications for recreational marijuana sales Wednesday, after months of delay.
Posted inBusiness
Russia slows down Twitter, part of social media clampdown
Russian authorities say they are slowing down the speed of uploading photos and videos to Twitter over its failure to remove banned content.
Posted inBusiness
Stocks mostly climb as inflation worries ease
Gains in energy and financial stock did the heavy lifting, with no help from tech.