The move means that U.S. companies will need to get a license to sell sophisticated technology to the Semiconductor Manufacturing International Corp.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Google’s antitrust case won’t go to trial until 2023
The prolonged wait underscores the complexity of a case seeking to defuse the power of a startup that sprouted from a Silicon Valley garage in 1998 and evolved into a $1 trillion company.
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Posted inBusiness, Local & State, Schools and Education
Jay mill’s 177 laid-off employees eligible for free college education
177 ex-employees are eligible for retraining at two area community colleges.
Posted inBusiness, Local & State
Maine’s job recovery since the early pandemic has ground to a halt
The November jobs report showed a decrease of 500 jobs, after consistent but dwindling increases since a collapse in the labor market this spring.
Posted inBusiness, Kennebec Journal, Local & State
Augusta Council grants Raging Bull Saloon new liquor license despite complaints
A city licensing board recommended against renewing the bar’s license due to a number of complaints to police in its first year.
Posted inBusiness, Local & State
Sunday River Brewing Co. appeals DHHS fines and restaurant license denial
Owners ask court to intervene immediately to keep the Bethel business open.
Posted inBusiness, Nation & World
Stocks reach record highs as investors hope for stimulus
Wall Street has been more hopeful that Congress is getting closer to striking a deal that will give a financial lifeline to people and businesses.
Posted inBusiness, Nation & World
Family behind OxyContin acknowledges its role in opioid crisis
Purdue Pharma’s marketing efforts have been blamed for contributing to an addiction and overdose crisis that has been linked to 470,000 deaths in the U.S. over the past two decades.
Posted inBusiness, Nation & World
U.S. jobless claims rise to 885,000 amid resurgence of virus
Many employers are still slashing jobs as the pandemic forces more business restrictions and leads many consumers to stay home.
Posted inBusiness, Local & State
With pandemic aid set to expire, new unemployment claims hit 5-month high in Maine
Claims for state benefits totaled about 3,000 for the second consecutive week, which officials say is the result of seasonal layoffs.