Regardless of whether Washington can strike an aid deal before the election, some investors are getting more optimistic about the chances for a big support package in 2021.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
UAE sheikhdom hopes adventure camp draws pandemic tourists
Ras al-Khaimah has partnered with survival instructor Bear Grylls to offer a new outdoor adventure camp on Jebel Jais, a mountain that has the highest point in the oil-rich United Arab Emirates.
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Posted inBusiness, Local & State
Federal $4.1 million grant to improve International Marine Terminal in Portland
The money will be used to link Merrill’s Marine Terminal and the International Marine Terminal, consolidate cross-docking activities, renovate a vacant warehouse and add capacity for container operations.
Posted inBusiness, Local & State
Transportation business in Maine still running on empty, months into pandemic
Air, bus and rail passenger volumes are minuscule compared with last year as most consumers continue to avoid long-distance trips and mass transit.
Posted inBusiness, Election 2020, Nation & World, Politics
Twitter tightens limits on candidates before Nov. 3 election
The rules restrict candidates from declaring premature victory and stiffens its measures against spreading misinformation, calling for political violence or spreading thoughtless commentary.
Posted inBusiness, Local & State
After long wait, Mainers revel in first day of recreational pot sales
Long lines formed outside some of the 6 stores that opened Friday, and the limited supply and high prices didn’t dampen the spirits of those who turned out to celebrate the freedom to buy marijuana legally.
Posted inBusiness, Nation & World
Stocks climb again on Wall Street with hopes for stimulus
Resurgent optimism about the possibility that the Democrats and Republicans will deliver another economic aid package has kept investors in a buying mood.
Posted inArts & Entertainment, Arts & Entertainment, Business, Local & State
Local movie theaters weather challenges as national chain announces closure of all theaters
Some theaters are re-releasing classic films, while others are offering virtual programming or staying dark.
Posted inBusiness, Nation & World
JPMorgan commits $30 billion to fixing banking industry’s systemic racism
The New York bank says it will extend billions in loans to Black and Latino homebuyers and small business owners.
Posted inBusiness, Local & State, Morning Sentinel
New England Clean Energy Connect may start construction in November, despite opposition
Thorn Dickinson, CEO and president of NECEC Transmission LLC, spoke about the CMP Corridor project at Mid-Maine Chamber of Commerce Business Breakfast while legislators opposed to the project asked for equal time.