The deal the United States and the European Union reached Tuesday to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State
New statewide energy code aims for tighter buildings, lower emissions
Some worry that building contractors will have ‘a rude awakening’ with the change, which is effective July 1 and stems from bills passed in 2019.
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Posted inBusiness, Local & State
Legislators weighing whether to ban consumer fireworks in Maine
Officials hope to find a compromise that would impose more restrictions in a bid to lower the volume of fireworks-related complaints.
Posted inBusiness, Nation & World
May retail sales fell 1.3% as Americans spend less on goods
Retail sales fell in May, dragged down by a decline in auto sales and a shift by Americans to spend more on vacations and other services instead of goods.
Posted inBusiness, Nation & World
Record rise in U.S. wholesale prices over the past year
Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount over the past year.
Posted inBusiness, Local & State, News, Politics
Sen. Collins introduces bill to ban ‘forever chemicals’ in cosmetics
The legislation would direct the Food and Drug Administration to issue a rule banning the intentional use of PFAS in cosmetics such as makeup, moisturizer and perfume.
Posted inBusiness
Gains for some tech giants nudge S&P to another record high
The Fed delivers its interest rate policy update Wednesday afternoon.
Posted inBusiness, Local & State
Waterville City Council to consider zoning change so church building could become events center
The proposal to turn the former Sacred Heart Church property into an events center has sparked backlash from some neighbors who said they worry about disruptions to the neighborhood.
Posted inBusiness, Lewiston-Auburn, Local & State
State fixes glitch in liquor law overlooked for 45 years before sellers feel the pinch
When regulators discovered a problem overlooked for half a century, state legislators rushed to rewrite the statute before it hurt Maine’s hospitality businesses.
Posted inBusiness, Local & State, News
Gov. Mills offers $1,500 bonus to jobless Mainers who get hired
The state will pay unemployed workers as much as $1,500 each if they take jobs in June or July, as recovering businesses struggle to hire enough help.