Florida and Alabama recently banned the sale of cultivated meat and seafood. Federal lawmakers are also looking to restrict it.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
IRS makes free Direct File tax return program permanent, asks all states to join for 2025
This tax season, more than 140,000 taxpayers in 12 eligible states made use of Direct File.
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Posted inBusiness, Maine, News
Durham man on a mission to build affordable housing for people with physical disabilities
Developers hope a new 51-apartment building in Scarborough can serve as a model for Maine and the rest of the country.
Posted inBusiness, Maine, News
Climate change likely to bring rewards – and risks – for Maine farmers
Warming temperatures and a longer growing season will benefit agriculture in the state, but pathogens, pests and extreme weather also are likely to accompany the milder winters, according to the Maine Climate Council.
Posted inBusiness
California advances measures targeting AI discrimination and deepfakes
With strong privacy laws already in place, California is in a better position to enact impactful regulations than other states.
Posted inBusiness, Noteworthy
Androscoggin Bank names new retail leadership hires
LEWISTON — Androscoggin Bank has made two appointments in its retail leadership team. Bart Gillespie is the bank’s new vice president, southern Maine market manager. With a career spanning over 20 years in retail, the Litchfield resident brings extensive experience in coaching, servant leadership, and customer relationship management to his new role. He has been […]
Posted inBusiness, Nation / World, News
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
In the U.S., a big reason why inflation remains above the Fed’s target is that distortions stemming from the pandemic are still keeping prices elevated.
Posted inBusiness, Nation / World, News
Fed indicated rates will remain higher for longer. What does that mean for you?
The central bank kept its key rate at a 20-year high of roughly 5.3%, where it has been since last August.
Posted inBusiness, Nation / World
American Airlines profit cut augurs bleaker summer travel season
Airlines in the U.S. and Europe had previously expected fares to surge this summer.
Posted inBusiness, Nation / World
How the U.S. ignored a chance to make TikTok safer
TikTok offered the Biden administration control over its U.S. operations and a kill switch if things went south. The administration took a pass.