Good news for the owners of Swallowtail Farm & Creamery in Whitefield who woke in the middle of the night to find a tractor with a bucket loader destroying their farm stand.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Biden’s pick for SEC flags trading app gimmicks for scrutiny
Gary Gensler, a professor at MIT and leader of Biden’s transition team responsible for the Federal Reserve, has experience in cryptocurrency and new financial technologies.
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Posted inBusiness, Maine
Lawmakers propose 5-year extension of Maine’s lobster marketing group
The Maine Lobster Marketing Collaborative’s 5-year authorization is set to expire in October, but one official says the group’s work is more important than ever.
Posted inBusiness
Pandemic loan program at high-risk for fraud, auditor finds
The Government Accountability Office’s report noted that there are still delays in getting key information about the loans.
Posted inBusiness, Politics
Rhode Island Gov. Gina Raimondo confirmed as commerce secretary
During her hearing, the former venture capitalist said she would prioritize efforts to revitalize American manufacturing.
Posted inBusiness, Maine, News, Times Record
Bowing to opposition, Summit Natural Gas withdraws midcoast pipeline plan
The utility announced plans for the $90 million project less than a month ago, but said it failed to reach a consensus of community support in the region.
Posted inBusiness, Maine
Undersea cable survey marks milestone in Maine’s offshore wind quest
The survey work is the latest indication that a 12-year-old effort to test floating offshore wind generation in Maine is advancing.
Posted inBusiness, Nation & World
Sen. King promotes $120 billion revitalization fund to help restaurants
The proposal would set up the fund to support independent restaurants and small franchises that are under tremendous financial pressure because of the pandemic, King said.
Posted inBusiness, Nation & World, Times Record
Sen. King promotes $120 billion revitalization fund to help restaurants
The proposal would set up the fund to support independent restaurants and small franchises that are under tremendous financial pressure because of the pandemic, King said.
Posted inBusiness, Maine
Proposed bill would allow medical marijuana cooperatives in Maine
Proponents say it would level the playing field for small sellers, but opponents argue it could result in large operations that are exempt from local regulations.