A bill to formalize the change is headed to Gov. Janet Mills. The move delays limits on sales of gas-powered vehicles from being implemented until at least 2025.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Mining for EV metals threatens gorillas and chimpanzees in Africa
Africa is home to a third of the world’s mineral resources, only 5% of which have been mined so far.
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Posted inBusiness, Nation / World
Powell says Fed has time to assess data before deciding to cut
Federal Reserve Chair Jerome Powell reiterated his expectation that it will likely be appropriate to begin lowering rates ‘at some point this year.’
Posted inBusiness, Nation / World
Women’s share of executive jobs falls for first time in years, study finds
S&P Global noted that the growth rate of women in senior leadership roles more broadly notched its lowest increase in more than 10 years in 2023, rising only 0.5%.
Posted inBusiness, Nation / World
Boeing’s troubles are spilling over to its airline customers
United Airlines urges its pilots to take unpaid time off as it waits for planes.
Posted inBusiness, Maine, News
Maine dairy farms are dwindling. A task force is being set up to find out why.
Maine has lost one-third of its commercial dairy farms since 2020. Emergency legislation signed by the governor calls for a task force to identify ways to keep the heritage industry healthy for decades to come.
Posted inBusiness, Lewiston-Auburn
Rusty Bus Brewing calls it quits in downtown Lewiston
Local brewery owners cite lack of traffic, departure of other businesses among the reasons for its decision.
Posted inBusiness, Nation / World, News
Browsing in incognito mode doesn’t protect you as much as you might think
A settlement disclosed Monday in a federal court is primarily designed to ensure that users who use Incognito mode in Chrome get more privacy while surfing the internet than they had been previously.
Posted inAndroscoggin County, Business, News
Turner residents to vote on rezoning egg farm, revised solar ordinance Saturday
Town officials are also proposing a roughly 7.5% increase in municipal expenditures.
Posted inBusiness, Maine, News, Politics
Compromise calls for studying natural gas use in Maine, rather than restricting it
Legislation that calls for studies of natural gas use passed the House, but it was criticized by a Democrat as ‘watered down’ and a Republican who said it’s unnecessary.