The Maine Public Utilities Commission is considering a plan to add new standards through rulemaking that would be similar to those proposed in a pending bill being debated in the Legislature.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
American weekly jobless claims at lowest level since 1969
Earlier this month, the government reported that employers added a robust 678,000 jobs in February, the largest monthly total since July.
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Posted inBusiness, Food & Dining, Local & State
Maine Maple Sunday Weekend is back at ‘full steam’
Loyal customers and comfort food cravings helped carry sugarhouses through the pandemic, but maple producers are excited to see visitors again, face to face.
Posted inBusiness, Local & State
Lobstermen’s group stresses connection to Maine tourism as new regulations approach
The head of the Maine Lobstermen’s Association emphasized at a hospitality industry event Wednesday the threats the industry faces through new regulations and legal challenges.
Posted inBusiness, Uncategorized
Amid protests, Europe limited in curbing high energy prices
Slashing fuel taxes and doling out billions is proving inadequate to help people cope with spiking energy prices.
Posted inBusiness, Uncategorized
Putin wants ‘unfriendly countries’ to pay rubles for gas
Economists said the move appears designed to try to support the ruble, which has collapsed against other currencies since Putin invaded Ukraine.
Posted inBusiness, Uncategorized
U.S. new-home sales declined in February for a second month
Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may be keeping prospective buyers on the sidelines. Purchases of new single-family homes decreased 2% to a 772,000 annualized pace following a downwardly revised 788,000 in January, government data showed Wednesday. The median estimate in a […]
Posted inBusiness, Uncategorized
Pandemic relief money spent on hotel, ballpark, ski slopes
An Associated Press review finds that state and local governments have spent nearly $1 billion worth of federal coronavirus aid on projects that have little to do with combating the pandemic.
Posted inBusiness, Uncategorized
Stocks fall on Wall Street as crude oil prices climb again
Wednesday’s trading gives back nearly all of the gains made a day earlier.
Posted inBusiness, Uncategorized
Stocks fall on Wall Street as crude oil prices climb again
Wednesday’s trading gives back nearly all of the gains made a day earlier.