Federal health officials confirmed Thursday that 2 cases of invasive infections caused by cronobacter sakazakii have been reported.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness
Gorham Savings, Maine Community Bank of Biddeford to merge next year
The merged company will retain the Maine Community Bank name and will become the state’s second-largest mutual savings bank.
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Posted inBusiness, Nation / World
White House delays menthol cigarette ban, alarming anti-smoking advocates
The Food and Drug Administration has spent years developing a plan to eliminate menthol, estimating it could prevent 300,000 to 650,000 smoking deaths over several decades.
Posted inBusiness, Nation / World, News
Hydrogen industry signals alarm over proposed U.S. tax credits
The Treasury Department, which is expected to make its guidance public by year’s end, declined to comment.
Posted inBusiness, Nation / World, News
Global airlines set for record revenue with pandemic in past
Industry profit is forecast to reach $23.3 billion this year, the International Air Transport Association said Wednesday, more than double what the trade body expected in June.
Posted inBusiness
Next-generation plastic recycling plant is bet on rising U.S. demand
Demand for recycled polyethylene terephthalate has been limited by the variability of its cost versus virgin plastic and the toxicity of the material.
Posted inBusiness, Maine, News
CMP, Maine’s public advocate dispute cost of power restoration following 2022 storms
Maine’s Public Advocate accuses Central Maine Power of hiring too many storm repair crews, inflating costs. The utility questions its critic’s cost calculations and says electricity was restored quickly.
Posted inBusiness, Maine, New England, News
Massachusetts to allow utilities to recoup added cost of Maine hydropower corridor
The budget adopted Monday allows transmission service agreements to be renegotiated and additional costs to be passed along to Massachusetts ratepayers.
Posted inBusiness, Nation / World, News
CVS plans to overhaul how prescription drugs are priced
The pharmacy giant says its new formulas will better represent the ‘true net cost’ of medications.
Posted inBusiness
JetBlue-Spirit deal judge weighs impact on low-fare passengers
JetBlue has argued it needs the merger to compete with the four major airlines.