People & Places: UScellular give $20,000 to Travis Mills Foundation.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
MaineHealth to enter into partnership with Texas health company
The partnership will help with payment reform for nearly 40,000 Medicare Advantage patients.
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Posted inBusiness, Local & State, News
Federal windfall won’t put a stop to state lobster industry relief bills
Maine’s lobster industry will receive $17 million in federal funding as part of the 2022 omnibus spending package. Two pending state bills could nearly triple that amount.
Posted inBusiness, Nation & World
Stocks fall again as uncertainty over Ukraine war persists
Investors are struggling to guess how high Russia’s invasion of Ukraine will send prices of oil, wheat and other commodities produced in the region.
Posted inBusiness, Local & State
New Maine advocacy group pushes for stricter medical cannabis rules
The group is urging state officials to change Maine’s medical marijuana rules by adding product testing and tracking requirements that it says are crucial for public safety.
Posted inBusiness, Nation & World, News
Two weeks into war, Russia’s economy has rarely fared worse than now
Despite capital controls and the biggest interest-rate increase in almost two decades, the ruble has lost about 37% of its value.
Posted inBusiness, Nation & World
U.S. slashes Russia trade status, bans imports of its alcohol, seafood
The move by President Biden is being taken in coordination with the European Union and Group of Seven countries to punish Moscow for its invasion of Ukraine.
Posted inBusiness, Local & State, News
Maine lobster industry to receive $17 million in aid from federal government
Part of a $1.5 trillion spending package, the funding will be used to help lobstermen comply with new federal regulations designed to protect the endangered North Atlantic right whale.
Posted inBusiness, Nation & World
Stocks slip, oil prices turn lower as uncertainty continues
Recent surges for energy prices have raised the risk that the economy is set to struggle under a toxic cocktail of stagnating growth and persistently high inflation.
Posted inBusiness, Nation & World
U.S. extends mask rule for travel while weighing new approach
Face coverings will be required on planes, buses and trains for one more month as the CDC develops more targeted policies.