The president’s only hope for being allowed to move forward with his plan appeared to be the slim possibility that the court would find that Republican-led states and individuals challenging the plan lacked the legal right to sue.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News
Lobster industry wages legal battle over recent regulations, while new ones remain frozen
The Maine Lobstermen’s Association last September appealed a federal decision on some restrictions, and the case is now being heard in Washington.
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Posted inBusiness, Maine
Sea is rising, and so is the angst for coastal homeowners
Protection is needed against the wind and waves, but do sea walls and natural solutions really work?
Posted inBusiness, Maine
Nappi Distributors battling allegations that it pays women less
Michele Tourangeau filed a civil complaint against the company alleging that it fosters a ‘sexist environment’ where women are not paid as much as men.
Posted inBusiness, Nation / World, News
Treasury secretary Yellen visits Ukraine, underscores U.S. economic support
The U.S. Treasury secretary and the Ukrainian prime minister also discuss sanctions aimed at weakening Russia’s economy as well as the possibility of using Russian frozen assets to help in Ukraine’s economic recovery.
Posted inBusiness, Nation / World, News, Politics
DeSantis takes control over Disney district, punishing company
Florida Gov. Ron DeSantis had directed Republican lawmakers to dissolve Disney’s self-governing district, and hand the power to him, after the company opposed his ‘Don’t Say Gay’ law.
Posted inBusiness, Nation / World, News, Politics
Supreme Court to hear Republican challenge to consumer protection agency
Late last year, a federal appeals court – the U.S. Court of Appeals for the 5th Circuit – ruled that the agency’s funding structure is unconstitutional, threatening its ability to function.
Posted inBusiness, Nation / World, News
2023 U.S. recession now expected to start later than predicted
A third of the economists who responded to the survey now expect a recession to begin in the April-June quarter.
Posted inBusiness, Nation / World, News
Adidas has $500 million worth of Kanye West sneakers and no good options
Months after cutting ties with rapper and fashion designer Kanye West over his flagrant antisemitism, the German company warned it was looking at massive losses if it couldn’t sell its inventory.
Posted inBusiness, Maine
Canadian mining exploration company looks for metals in the Midcoast
Exiro Minerals Corp hopes to win over residents in Warren and Union as state lawmakers consider changes to Maine’s strict mining laws.