Established electricity purchasing systems, strong demand for clean energy, a supply chain being developed and strong winds are seen as advantages for the Gulf of Maine as a site for offshore wind turbines.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Maine organic farmers group formally recognizes union for its employees
Employees at the Maine Organic Farmers and Gardeners Association and MOFGA Certification Services put together the union and requested recognition in September.
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Posted inBusiness, Nation / World
Former Abercrombie & Fitch CEO pleads not guilty to sex trafficking and prostitution charges
Prosecutors allege that for years, he and two others lured men into taking part in sex parties by dangling the promise of modeling for the clothing retailer.
Posted inBusiness, Nation / World, News
Mississippi River dries up again at worst time for U.S. farmers
Months of limited rainfall have left the vital waterway so shallow that barges are starting to run aground, even after shippers started running lighter loads to prevent boats from hitting the river bottom.
Posted inBusiness, Nation / World, News
Gas prices barrel toward 3-year low as election nears
Americans have long used gas prices as a way to gauge the country’s economy. Falling fuel costs typically lift presidential approval rates along with the standing of whoever’s in the White House – while rising costs have the opposite effect.
Posted inBusiness
AI being used to send some people impacted by hurricanes $1,000 cash relief payments
The organization, GiveDirectly, harnesses a Google-developed artificial intelligence tool to pinpoint areas with high concentrations of poverty and storm damage.
Posted inBusiness, Maine, News
Maine gets $53 million to improve freight rail safety, reconnect former Millinocket mill site
The federal funding will be used to upgrade mainlines in Penobscot, Aroostook, Washington and Piscataquis counties and restore a rail service to the Great Northern Paper mill redevelopment site.
Posted inBusiness
Farmington business becomes new U-Haul dealer
FARMINGTON — K & S Automotive has signed on as a U-Haul neighborhood dealer. The business at 313 Farmington Falls Road will offer services like U-Haul trucks, trailers, towing equipment, moving supplies and in-store pickup for boxes.
Posted inBusiness, Maine, News
Maine Supreme Judicial Court justice violated ethical code, committee says
A judicial conduct panel is recommending that Justice Catherine Connors, a former private attorney who represented banks, be sanctioned for not recusing herself from 2 cases that upended the state’s foreclosure process.
Posted inBusiness, Noteworthy
Lewiston law firm names new partner
Eamonn Hart first joined the law firm in 2018.