Baby eels have again been worth more than $2,000 per pound at the docks this year, according to the Maine Department of Marine Resources.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News, Politics
Biden, McCarthy reach ‘agreement in principle’ to raise debt ceiling as default looms
With the outlines of a deal in place, the legislative package could be drafted and shared with lawmakers in time for votes early next week in the House and later in the Senate.
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Posted inBusiness
After yearslong delay, DEA revokes license of drug distributor over opioid crisis failures
Morris & Dickson Co. failed to flag thousands of suspicious, high-volume orders at the height of the opioid crisis, officials say.
Posted inBusiness
Flight cancellations, strikes raise fears of new summer travel chaos in Europe
British Airways canceled dozens of flights Friday due to computer problems in a rocky kickoff to Europe’s summer travel season.
Posted inBusiness
Musk’s brain implant firm says U.S. approves human tests
Neuralink did not respond to a request for comment. The FDA acknowledged the company’s announcement.
Posted inAmy Calder, Business, Local & State, Morning Sentinel
Reporting Aside: Closing of Waterville grocery store is ‘going to hurt,’ employee says
Workers at Save A Lot on The Concourse in downtown Waterville will lose their jobs when the store closes for good Thursday, Amy Calder writes.
Posted inBusiness, Nation & World
Chirping sounds lead airport officials to bag filled with smuggled parrot eggs
The alleged smuggler told investigators that a friend had paid him to travel from Taiwan to Nicaragua to pick up the eggs.
Posted inBusiness, New England
Rhode Island attorney general sues manufacturers of ‘forever chemicals’
Rhode Island joins other states, including Maine, that say companies sold hazardous chemicals for decades despite knowing the risks.
Posted inBusiness, Nation & World, Politics
Debt ceiling talks teeter on the brink, as lawmakers leave town for weekend without a deal
Meanwhile, Fitch Ratings agency placed the United States’ AAA credit on ‘ratings watch negative,’ warning of a possible downgrade.
Posted inBusiness
Threat of U.S. credit downgrade looms over debt ceiling talks
With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit.