A surge of new coronavirus cases in the U.S. is sending people back to stores to stockpile again, leaving shelves bare and forcing retailers to put limits on purchases.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
U.S. jobless claims increase to 742,000 as pandemic worsens
The economy’s modest recovery is increasingly at risk, with newly confirmed daily infections in the United States having exploded 80 percent over the past two weeks.
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Posted inBusiness, Maine, Morning Sentinel
Under new owners, Oakland’s Pressey House sticking to tradition
Nicole and Ron Goodheart and their family took over the bed and breakfast on the shores of Messalonskee Lake in early November.
Posted inBusiness, Maine
BIW awarded $146 million contract modification to perform ship maintenance
The Bath shipyard will be responsible for performing maintenance and update work on existing Arleigh Burke-class destroyers.
Posted inBusiness, Maine
CMP customers’ electricity supply rates to fall for second year in a row
Residential and small business customers can expect nearly a 12% drop in the supply portion of their bills. Meanwhile, CMP comes in last for the third straight year in a national survey of business customers.
Posted inArts & Entertainment, Business, Maine, Politics
Maine legislators back unionization effort at Portland Museum of Art
The 40 lawmakers urge the PMA, which opposes the effort, to ‘not engage in any anti-union tactics’ before the employees vote in December.
Posted inBusiness, Nation & World
Year-end financial cliffs are looming for millions of Americans
The biggest blow will likely come from the end of two federal unemployment-insurance programs, with roughly 12 million people facing a late-December cutoff.
Posted inBusiness, Nation & World
FAA clears Boeing 737 Max to fly again
Regulators around the world grounded the Max in March 2019, after the crash of an Ethiopian Airlines jet l ess than five months after another Max plunged into the Java Sea.
Posted inBusiness, Food & Dining
The Wrap: Burgers from Big Tree, restaurants get winter relief
Luke’s Lobster starts a ‘New Maine Food’ promotion that features recipes from new Mainers, and a workshop teaches holiday piemaking.
Posted inBusiness
UMF names new members to Board of Visitors
The University of Maine at Farmington Board of Visitors advises the president regarding the university’s role and mission, and its relationship with the people of Maine.