Congress approved $7.5 billion in the 2021 infrastructure law to meet President Biden’s goal of building out a national network of 500,000 publicly available chargers by 2030.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness
New funds will make investing in bitcoin easier. Here’s what you need to know
Nearly a dozen new bitcoin funds began trading in U.S. markets for the first time Thursday.
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Posted inBusiness, Noteworthy
Norway Savings Bank hires new senior VP, senior finance officer
NORWAY — Norway Savings Bank recently hired Richard St. Pierre as senior vice president and senior finance officer. St. Pierre will work closely with Brian Shibles, who serves as executive vice president, chief financial officer and treasurer, as he prepares for retirement in 2025 after a 23-year career with the bank. In his new role, […]
Posted inBusiness
Renewables grew rapidly in 2023, but must grow faster still to meet climate change target, IEA says
The amount of renewable energy installed around the world last year grew at its fastest rate in the past 25 years.
Posted inBusiness
Jet accident probe expands to include Boeing supplier
The Kansas-based company, which is far less prominent than Boeing, built most of the jet before handing it off to the aviation giant.
Posted inBusiness
Is it safe to hold your baby on a flight? Boeing blowout stokes fears.
Both the National Transportation Board and the Federal Aviation Administration recommend that parents or guardians buy separate seats for infants on flights instead of holding them in their laps.
Posted inBusiness, Noteworthy
Norway bank presents Cancer Resource Center with $10K award
NORWAY — The recipient of Norway Savings Bank’s third annual Patricia Weigel Pay It Forward Award is the Cancer Resource Center of Western Maine. The center, a nonprofit organization based in Norway, is dedicated to embracing anyone affected by cancer with hope and caring through support, education and services, all provided for free. As part […]
Posted inBusiness, Lewiston-Auburn
Lewiston bowling alley preparing to reopen after mass shooting
A social media post says ‘We look forward to seeing everyone soon.’
Posted inBusiness, Maine, News
Maine receives $15 million federal grant to install nearly 600 electric vehicle chargers
The funding to build out the state’s electric vehicle charging network comes as lawmakers are debating whether to limit sales of gas-powered vehicles in Maine.
Posted inBusiness, Nation / World
U.S. inflation edges up in December, fueled by food and housing prices
Excluding volatile food and energy costs, though, so-called core prices rose mildly month over month.