It’s the second straight day that rising hopes for a COVID-19 vaccine have investors reordering which stocks they see winning and losing.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Maine, News
During pandemic, Calais hospital workers call 2-day strike
A dispute over leadership and working conditions has led nurses, lab workers and other employees at Calais Regional Hospital to call a strike starting next Wednesday.
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Posted inBusiness, Nation & World
New American Airlines policy may effectively ban motorized wheelchairs on regional jets
The planes service 130 of American’s 230 U.S. destinations, likely leaving power wheelchair users in a ‘transportation desert’ at dozens of airports.
Posted inBusiness, Nation & World
UN envoy lays out strategy for financing climate battle
He says companies need to disclose their efforts to combat rising temperatures.
Posted inBusiness
Stocks rally worldwide with hopes for a return to ‘normal’
Pfizer announces preliminary data that shows a COVID-19 vaccine that may be 90% percent effective.
Posted inBusiness
EU puts tariffs on U.S. but hopes for change with Biden
The European Union says it wanted to make the move now in the hope it can prevent further escalation.
Posted inBusiness, Maine
Brunswick business owner to comply with masking mandate after controversial Facebook post
In the widely circulated Facebook post, the owner of an indoor playground and activity space for children said she would “never require a guest to mask up.” But Monday, she said her words were misconstrued.
Posted inBusiness, Maine
Report links Maine’s post-pandemic economic recovery to clean energy efforts
Efforts to boost renewable and efficient energy use in the state also could help the economy recover lost jobs, according to a report by the Mills administration.
Posted inBusiness, Nation & World, News
Stocks surge on Wall Street with vaccine news, election results
The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.
Posted inBusiness, Maine, News
A plan to transform the Maine Mall just won an award, but can it be done?
The 90-acre, mostly paved shopping mecca in South Portland would be infused with homes and parks for a more balanced live-work-play environment.