It challenges a decades-long argument that employers moved jobs abroad to lower their costs by relying on cheaper workers.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State
Natural Resources Council of Maine CEO Lisa Pohlmann to retire
Pohlmann has been involved with the council for 22 years and is its first female chief executive.
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Posted inBusiness, Nation & World, News, Politics
Sens. King and Collins join bipartisan vote to stabilize the U.S. Postal Service
The $107 billion bill already passed the House and is expected to be signed into law by President Biden.
Posted inBusiness, Local & State, News
Bipartisan bill aimed at helping Maine lobstermen pending in Congress
The bill would create a grant program to help fishermen buy the gear they need to comply with federal North Atlantic right whale regulations.
Posted inBusiness, Nation & World, News, Politics
Congress passes bill to overhaul Postal Service
The long-fought postal overhaul has been years in the making and follows widespread complaints about mail service slowdowns.
Posted inBusiness, Local & State, News
Harvesters of valuable baby eels hope for a stable 2022
Prices have fluctuated wildly since the start of COVID-19 pandemic.
Posted inBusiness
Stocks wobble lower, crude climbs after U.S. bans Russian oil
President Biden acknowledged the ban will cause gas prices to rise.
Posted inBusiness, Food & Dining, Local & State
Organic dairy co-op offers membership to 80 Northeast farms
Last summer, Danone, the parent company of Horizon Organic, announced it would stop buying milk from dozens of Northeast farms, including 61 in Maine.
Posted inBusiness, Kennebec Journal, Local & State
Gasoline prices march up in central Maine as U.S. tightens economic sanctions against Russia
While gas prices have been rising steadily over the last year, the Russian invasion of Ukraine and the U.S. ban on Russian oil imports announced Tuesday has focused attention across central Maine on recent price spikes.
Posted inBusiness, Local & State, Word on the Street
Word on the Street: Augusta’s Red Barn launching a food truck for nursing, veterans homes
Owner Laura Benedict said in a Facebook post the new truck will be making stops to serve complimentary meals.