Federal tax collector’s enhanced ability to identify tax delinquents comes from resources provided by the Inflation Reduction Act.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
Fluorescent lightbulbs, which contain mercury, are on their way out in Maine
Starting in 2026, sales of new fluorescent bulbs will be banned – though many stores already have removed the ones that used to be in wide household use. The replacements are LEDs, which are more efficient and don’t contain mercury.
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Posted inBusiness, Local & State, News
Here’s why electricity bills in Maine are getting more expensive this month
The Maine Public Utilities Commission explained some of the reasons for multiple rate changes that are beginning to impact customer bills.
Posted inBusiness
Virgin Galactic plans its next commercial flight to the edge of space for August
Virgin Galactic has been working for more than a decade to send paying passengers on short space hops and in 2021 finally won the federal government’s approval. The August flight will mark Virgin Galactic’s third this year.
Posted inBusiness, Nation & World, News
House Republicans interrogate FTC’s Khan over regulation of Big Tech
The hearing comes as the agency has been embroiled in several legal cases against technology companies.
Posted inBusiness, News
Exxon Mobil buys Denbury, pipeline company with carbon capture expertise, for $5 billion
Exxon Mobil Corp. said Thursday that the acquisiton gives it the largest owned and operated carbon dioxide pipeline network in the U.S.
Posted inBusiness, News
ChatGPT-maker OpenAI signs deal with AP to license news stories
The Associated Press doesn’t currently use any generative artificial intelligence in its news stories, but has used other forms of AI for nearly a decade, including to recap some sporting events.
Posted inBusiness, Local & State, News, Politics
Committee endorses adjusted wind power bill
The House and Senate will soon vote on the measure, which would have the state develop a schedule for procuring 3 gigawatts of wind power, enough to power 900,000 homes.
Posted inBusiness, Local & State, New England, News
Much debated hydropower transmission corridor to be renegotiated because of cost increases
Maine lifted its stop-work order nearly 2 months ago but construction has not yet resumed on the project.
Posted inBusiness, Nation & World, News
Lawsuits could delay the start of New Jersey’s first offshore wind power project
Multiple lawsuits have been filed by the wind power developer and 3 citizen groups.