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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State
Home heating oil prices across Maine nearly hit $6 per gallon
With warmer weather and U.S. reserves being released, a downturn in price is expected but the timing is hard to predict.
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Posted inBusiness
Fed to fight inflation with fastest rate hikes in decades
Making it costlier to borrow — for a car, a home, a business deal, a credit card purchase — will compound Americans’ financial strains and likely weaken the economy.
Posted inBusiness, Nation & World
New Zealand welcomes back tourists as pandemic rules eased
Travelers from the U.S., Canada, Britain, Japan and more than 50 other countries were let in Monday for the first time in more than two years.
Posted inBusiness, Local & State
Owner of the Shawmut Dam on Kennebec River to make changes to try to save salmon
Brookfield Renewable U.S. said Monday that it has begun shutdown procedures for dams on the lower Kennebec River to help the salmon migrate.
Posted inBusiness, Nation & World, News
Amazon workers at second NYC warehouse reject union in a reversal of fortune
Amazon warehouse workers rejected a union bid on Monday, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.
Posted inBusiness, Local & State, Uncategorized
Gov. Mills signs law legalizing sports betting; tribes get exclusive rights to online wagering
The law also reduces the tax burden on Maine’s indigenous communities and creates a new collaboration process between the tribes and the state.
Posted inBusiness, Nation & World
Sneakers, elastic pants: People alter office wear amid COVID-19
After working remotely in sweats and yoga pants for two years, many Americans are rethinking their wardrobes to balance comfort and professionalism as offices reopen.
Posted inBusiness, Maine Cannabis Report, New England
Connecticut looks to bar out-of-state marijuana advertising
Residents living close to the Massachusetts border are complaining to lawmakers about cannabis billboards.
Posted inBusiness, Local & State
Rare cannabis research operation planned in Brunswick
Florida-based Maridose LLC has set up shop in TechPlace, a business incubator facility at Brunswick Landing and is seeking federal approval to grow pot for research.