About 3,300 workers, including linemen, tree-cutting crews and office staff, have been working 17-hour days to restore power to more than 300,000 Maine homes.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Finland gets floating LNG terminal to replace Russian gas
Use of the vessel, owned by the U.S. company Excelerate Energy Inc., is called a historic move.
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Posted inBusiness, Local & State, News
Last 2 Sears stores in Maine are closing, including Farmington’s
The Farmington and Caribou stores are already liquidating merchandise.
Posted inBusiness, News
Maine DEP approves expansion of Sugarloaf’s West Mountain
Key approval sets the stage for $104 million project.
Posted inBusiness
Stocks close lower on Wall Street, adding to recent losses
Trading is mostly muted as U.S. markets reopened after the long holiday weekend.
Posted inBusiness, Nation & World
Foreign firms welcome China’s decision to end quarantines for travelers from abroad
Meanwhile, Japan announces restrictions on visitors from the country as infections surge.
Posted inBusiness, Nation & World
States banking big bucks amid inflation, higher interest rates
Still, financial experts are nonetheless urging caution on spending because of concerns the U.S. could slip into a recession.
Posted inBusiness, Local & State, News
Former soldier tasked with getting Bath Iron Works in shipshape
The new leader of Navy shipbuilder Bath Iron Works said he’s been rejuvenated by a shift from his former aerospace job to building ships
Posted inBusiness, Local & State, Nation & World, News
Vanishing right whale must remain on endangered list, government says
Protection of the whale is a source of dispute between conservationists and commercial fishermen because one of the top threats to the animals is entanglement in fishing gear.
Posted inBusiness, Local & State
Widespread cancellations by Southwest Airlines leave Maine travelers stranded
The airline has canceled roughly 20 flights at the Portland International Jetport since Friday, affecting about 3,000 passengers.