Business Archives - Lewiston Sun Journal

Secret Service recovers $286 million in stolen pandemic loans

by FATIMA HUSSEIN Associated Press August 26, 2022August 26, 2022

The Secret Service said an investigation found that alleged conspirators submitted pandemic loan applications by using fake or stolen employment and personal information and used an online bank to conceal and move their criminal proceeds.

Business, Nation / World, News

Inflation eases as consumer prices rise 6.3% in July

by PAUL WISEMAN AP Economics Writer August 26, 2022August 26, 2022

Inflation started rising sharply in the spring of 2021 as the economy rebounded with surprising speed from the short but devastating coronavirus recession a year earlier.

Business

Inflation is driving Americans to bargain chain stores

by ANNE D'INNOCENZIO Associated Press August 25, 2022

Dollar Tree and Dollar General report higher second-quarter sales.

Business

Labor board accuses Starbucks of pay disparity

by DEE-ANN DURBIN Associated Press August 25, 2022

The NLRB says the company is violating U.S. labor law by withholding pay hikes and other benefits from stores that have voted to unionize.

Business, Maine, News

Maine farmers struggle with labor shortage, push for immigration reform

by Peter McGuire August 25, 2022August 25, 2022

Some in the agriculture industry say a bill pending in Congress includes needed reform to a widely-used seasonal worker visa program.

Business, Lewiston-Auburn, Maine, News

Passenger rail advocates pitch ‘Grand Trunk Flyer’ between Auburn, Portland

by Andrew Rice August 25, 2022August 28, 2022

The proposal would use the same rail line that has been at center of an ambitious rail trail project connecting several municipalities.

Business, Nation / World

California looks to phase out gas-fueled vehicles by 2035

by KATHLEEN RONAYNE Associated Press August 25, 2022

Approval of the groundbreaking policy is expected and will trigger a ripple effect throughout the auto industry and across the country.

Business, Maine, News

Lobster union drops lawsuit challenge to seasonal closure rule

by Emily Allen August 25, 2022August 25, 2022

Maine lobstermen are waiting to see what federal officials propose, after a judge ordered regulators to create a new set of rules to protect endangered right whales.