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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Portland wine bar MJ’s will not reopen
The owner of the wine bar in One City Center says he’s working on a new venture.
BIW adding addition for employee breakroom, bathrooms
The three-story, 21,050-square-foot building will be located at the Bath shipyard.
The Wrap: Restaurants reopen after a long winter
Good news for the owners of Swallowtail Farm & Creamery in Whitefield who woke in the middle of the night to find a tractor with a bucket loader destroying their farm stand.
Biden’s pick for SEC flags trading app gimmicks for scrutiny
Gary Gensler, a professor at MIT and leader of Biden’s transition team responsible for the Federal Reserve, has experience in cryptocurrency and new financial technologies.
Lawmakers propose 5-year extension of Maine’s lobster marketing group
The Maine Lobster Marketing Collaborative’s 5-year authorization is set to expire in October, but one official says the group’s work is more important than ever.
Pandemic loan program at high-risk for fraud, auditor finds
The Government Accountability Office’s report noted that there are still delays in getting key information about the loans.
Rhode Island Gov. Gina Raimondo confirmed as commerce secretary
During her hearing, the former venture capitalist said she would prioritize efforts to revitalize American manufacturing.
Bowing to opposition, Summit Natural Gas withdraws midcoast pipeline plan
The utility announced plans for the $90 million project less than a month ago, but said it failed to reach a consensus of community support in the region.
Undersea cable survey marks milestone in Maine’s offshore wind quest
The survey work is the latest indication that a 12-year-old effort to test floating offshore wind generation in Maine is advancing.