Sen. Bernie Sanders, I-Vt., notes that the drugmaker has made over $20 billion in profits over the past two years, and the U.S. government contributed billions toward the shots’ development.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
New study suggests acidification from climate change could harm sea scallop populations
The study also found that acidity is increasing in the Gulf of Maine faster than at other locations on the East Coast.
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Posted inBusiness, Nation & World
Vote on Biden’s pick to run FAA delayed amid Republican opposition
Meanwhile, the National Transportation Safety Board is examining six recent close calls between planes.
Posted inBusiness, Nation & World
Two more deaths, blindness linked to recalled eyedrops
The recalled drops from EzriCare and Delsam Phama were made by Global Pharma Healthcare in India.
Posted inBusiness, Local & State, Morning Sentinel
Photos: A new Crossfit gym comes to Oakland
Sierra Tjelmeland and her mother, Diane Galusha, have joined to open Elm City Crossfit on Industrial Drive in Oakland, where they have 4,000 square feet of space for athletes of all levels to train. Photos by Morning Sentinel photographer Rich Abrahamson.
Posted inBusiness, Nation & World, News
Federal Reserve raises key rate by a quarter-point despite bank turmoil
The Fed says the U.S. banking system is ‘sound and resilient,’ but warns that the financial upheaval stemming from the collapse of 2 major banks is ‘likely to result in tighter credit conditions’ and ‘weigh on economic activity, hiring and inflation.’
Posted inBusiness, Nation & World, News
Stocks fall, bond yields tumble after Fed’s latest rate hike
Some of the sharpest drops come again from the banking industry, where investors are worried about the possibility of customers yanking their cash to cause more collapses.
Posted inBusiness, Food & Dining, Local & State, News
With an outpouring of branches, Maine breweries are tapping new markets
Battery Steele Brewing and Brickyard Hollow Brewing Co. are the latest beer makers to add new restaurants or taprooms.
Posted inBusiness, Local & State, News
CMP warns customers to be careful after wave of scam calls
Scam callers have been trying to dupe electricity customers in Maine and elsewhere by threatening to turn off their service.
Posted inBusiness, Nation & World
Railroad supports some new regulations after Ohio disaster
Norfolk Southern’s CEO says he supports stricter standards for tank car designs and money to train emergency crews.