The auction Tuesday is to develop commercial-scale floating wind farms in the deep waters off the West Coast, and similar auctions are in the works off Oregon’s coast next year and in the Gulf of Maine in 2024.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News, Uncategorized
Looming changes to regulations leave Sanford gravel businesses on shaky ground
The city may end a requirement that excavators obtain permits every 5 years, a process that can cost over $100,000. But some in the industry fear the new rules could be just as onerous.
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Posted inBusiness, Maine
Firefighters extinguish smoky fire Saturday at medical marijuana growing facility in Gorham
The fire at 36 Bartlett Road was likely caused by malfunctioning grow lights, a fire official said.
Posted inBusiness, Maine, News, Uncategorized
Talks continue over home heating aid for Mainers
With fuel oil costs sharply higher than a year ago, the governor said she and legislative leaders will continue to negotiate an aid package over the weekend.
Posted inBusiness, Lewiston-Auburn, News
Continental Mill housing project moving ahead in Lewiston
Construction of the Picker House Lofts, 72 units at the center of the Continental Mill complex, is expected to begin in early 2023.
Posted inBusiness, Nation / World, News
Biden signs bill to avert rail strike, says he’ll work on paid sick leave
The president has said he wants paid sick leave for all workers, but Republican lawmakers continue to block attempts that would require time off for family and medical leave.
Posted inBusiness, Franklin, News
Carrabassett Valley board conditionally approves final subdivision plan for Sugarloaf expansion
The West Mountain expansion proposal is still under permitting review at the state level.
Posted inBusiness, Nation / World, News
U.S. hiring remained strong in November as employers add 263,000 jobs
The strength of November’s hiring gain will raise concerns that the Fed may now have to keep rates high even longer than many had assumed.
Posted inArts & Entertainment, Business, Nation / World, News
Twitter suspends rapper Ye again, this time over swastika post
The rapper now appears to have migrated to another right-wing platform, former President Donald Trump’s Truth Social, where an account under Ye’s name posted about Musk on Friday.
Posted inBusiness, Food
Dine-and-shop: The trend of restaurants with retail markets comes to Portland
A growing number of local restaurants are incorporating small retail markets where they sell prepared foods, home goods and gifts. Or is it the other way around? Retail stores with a restaurant on the side? Either way, the combination is a winning one.