The oversight panel gives the company six months to specify how long the suspension of the former president’s accounts will last.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Food & Dining
The Wrap: Openings, reopenings and renovations
Camden pop-up serves smoked eel dirty rice, Portland restaurants reopen, and a second helping of Maine recipes.
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Posted inBusiness
G7 foreign ministers meet face-to-face after pandemic pause
There are differences over how to relate to countries such as China and Russia that will have to be smoothed out.
Posted inBusiness
Pfizer posts $4.9 billion 1st quarter profit
The company, along with its German partner BioNTech, anticipates strong revenue from the vaccine and booster shots for the next three years.
Posted inBusiness, Local & State
Maine tourism shrank 27% last year, hampered by pandemic restrictions
Though visits and spending plunged, the decline wasn’t as bad as many feared, and relaxed travel and business rules bode well for the industry this summer.
Posted inBusiness
Technology shares sink broader market although Dow has gain
A key concern has been the recovery in the employment market.
Posted inBusiness, Local & State
Maine’s offshore wind test sites chosen via 12-year-old process
The sites now opposed by commercial fishing interests were selected following a lengthy public input process.
Posted inBusiness, Local & State
Maine fishing interests seek total ban on offshore wind energy
A Republican-backed bill to prohibit all future offshore wind development in the state faces an uphill battle, with Democrats in control.
Posted inBusiness, Local & State
Maine abandons fight for law to require à la carte cable TV service
In February, a federal appeals court sided with the cable companies, which had argued that Maine’s law was unconstitutional.
Posted inBusiness, Local & State, News
Maine supreme court considers arguments over Portland’s new minimum wage law
Justices appear to agree that city voters have the authority to set a higher wage, but say ordinance language on the effective date for a hazard pay provision is confusing.