Maine has lost one-third of its commercial dairy farms since 2020. Emergency legislation signed by the governor calls for a task force to identify ways to keep the heritage industry healthy for decades to come.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Browsing in incognito mode doesn’t protect you as much as you might think
A settlement disclosed Monday in a federal court is primarily designed to ensure that users who use Incognito mode in Chrome get more privacy while surfing the internet than they had been previously.
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Posted inBusiness, Local & State, News, Politics
Compromise calls for studying natural gas use in Maine, rather than restricting it
Legislation that calls for studies of natural gas use passed the House, but it was criticized by a Democrat as ‘watered down’ and a Republican who said it’s unnecessary.
Posted inArts & Entertainment, Business
After welcoming guests for 67 years, the Tropicana Las Vegas casino’s final day has arrived
The Strip’s third-oldest casino will be demolished in October to make room for a $1.5 billion baseball stadium.
Posted inBusiness, Nation & World, News
Tesla sales tumble nearly 9% as competition heats up and demand for EVs slows
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers.
Posted inBusiness
Freight railroads must keep 2-person crews, according to new federal rule
The Federal Railroad Administration says another crew member will improve safety – especially after so many high-profile derailments in recent years.
Posted inMaine Commercial Real Estate, Real Estate, Sponsored
Maine Commercial Real Estate Transactions: March 2024
Broker submitted sales and leases for land, industrial, office, retail and more.
Posted inBusiness, Local & State, Politics
Maine lawmakers add more environmental hurdles to a possible lithium mine
The new conditions, which would require legislative approval, would double the number of test borings required to prove the area is safe for open-air mining and cut the maximum size of the pit in half.
Posted inBusiness, Nation & World, News, Politics
Trump Media lost $58 million on $4 million in sales last year
The discrepancy between where Trump Media’s shares trade and how the underlying business performs indicates that investors use it as a way to bet on Trump’s push for reelection.
Posted inBusiness, Nation & World, News
A channel has opened for vessels clearing wreckage at the Baltimore bridge collapse site
Crews are undertaking the complicated work of removing steel and concrete at the site of the bridge’s deadly collapse into the Patapsco River after a container ship lost power and crashed into a supporting column.