Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Health, Nation / World
Humana plunges as Medicare star rating cut threatens revenue
Medicare Advantage quality ratings for the company dropped, meaning a big drop in revenue from bonus payments.
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Posted inBusiness, Maine, News
Maine business group criticizes latest paid family leave rules, saying 30 days’ notice is not enough
Businesses with just a few workers would not easily adjust if a worker takes paid leave with little notice, the Maine State Chamber of Commerce said.
Posted inBusiness, Nation / World, News
Dockworkers join other unions in trying to fend off automation or minimize its impact
The massive port workers’ strike is highlighting a fear held by many workers that they will be replaced by machines.
Posted inBusiness, Nation / World, News
Tennessee investigating after flooding from Helene swept away 11 factory workers
As the nearby Nolichucky River swelled from rainfall, employees in the Impact Plastics factory kept working. Several asserted that they weren’t allowed to leave in time.
Posted inBusiness, Nation / World
U.S. could see shortages, higher retail prices if dockworkers strike drags on
Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast.
Posted inBusiness, Maine, News
Impact of national port worker strike unclear in Maine
Eimskip, Portland’s sole shipper, employs 50 members of the longshoremen’s union but is not involved with the national labor agreement being negotiated.
Posted inBusiness, Nation / World
New Jersey offshore wind farm clears big federal hurdle amid environmental concerns
Opponents say the operation would be devastating for marine and coastal habitats.
Posted inBusiness, Nation / World
North Carolina floods threaten mines key to global electronics industry
The facilities in Spruce Pine are a vital node in the supply chain of smartphones and computers.
Posted inBusiness, Nation / World
U.S. job openings rise to 8 million as labor market remains sturdy
But the number of Americans quitting their jobs – a sign of confidence in their job prospects – slid to the lowest level since August 2020.