A regulatory agency responsible for the water supply of more than 13 million people in four states has voted to permanently ban natural gas drilling and fracking in the watershed.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News, Politics
Maine’s congressional delegation asks Biden to protect lobstermen from proposed rules to save right whales
The two senators and two representatives say the proposed rules could be a ‘death knell’ for the industry.
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Posted inBusiness, Maine, News
Maine tax revenues ahead of forecasts, despite pandemic’s impact
Finance commissioner Kirsten Figueroa said revenues for January were nearly $90 million more than predicted and up by more than $154 million for the first 7 months of the current fiscal year.
Posted inBusiness, Nation & World, Politics
Former Michigan Gov. Granholm, proponent of clean energy, confirmed as energy secretary
Jennifer Granholm has advocated embracing new wind and solar technologies. But her position caused tension with some Republicans who fear for the future of fossil fuels.
Posted inBusiness, Nation & World
Cable companies win a round in lawsuit over Maine’s law to let customers pick channels
A federal appeals court rules that an injunction barring the law from taking effect is valid.
Posted inBusiness, Maine
More Mainers could claim unemployment under new rules
The number of initial unemployment claims filed per week has dropped since the beginning of the year but remains higher than in previous years.
Posted inBusiness, Nation & World, News
U.S. jobless claims fall to 730,000 but layoffs remain high
The latest figures come as the job market has made scant progress in the past three months.
Posted inBusiness, Maine, News
Maine Public’s president to retire
Mark Vogelzang will retire on June 30 after serving the network of public television and radio stations for 9 years.
Posted inBusiness, Health, Maine
Portland group key to convincing General Mills to drop chemical from mac-and-cheese processing
Annie’s Homegrown will eliminate ortho-phthalates, which make plastics more flexible but may also pose health risks, from its production equipment.
Posted inBusiness, Nation & World
Gains for bank stocks help lead major U.S. indexes higher
Investors are still anticipating another round of stimulus to help boost the economy.