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Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Price of marine fuel soars as Mainers head into prime boating season
The record cost of fuel is particularly problematic for lobstermen and fishermen, who face increased costs at a time when wholesale seafood prices are flat.
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Posted inBusiness, Maine
Frenchman Bay salmon farm developer sues state for spiking its lease application
The Portland company, funded by Norwegian investors, proposed raising 66 million pounds of Atlantic salmon annually and operating a fish processing plant.
Posted inBusiness, Maine, News
Despite record gas prices, Memorial Day travel surge expected in Maine
With prices at the pump hovering above $4.70 a gallon, travelers and residents alike plan to take to the road for the traditional start of Maine’s peak tourism season.
Posted inBusiness, Nation / World, News
Key inflation gauge slowed to still-high 6.3% over past year
Consumer spending rose by a healthy 0.9% from March to April, outpacing the month-to-month inflation rate.
Posted inBusiness, Maine
CMP to seek 3-year rate hike that would raise average bill by $10
Gov. Janet Mills staunchly opposes the utility’s plan for reliability and grid upgrades, saying, ‘I will fight this.’
Posted inBusiness, Maine
Sen. Susan Collins blocks NOAA nominee’s confirmation to protest new lobstering rules
Collins blocked the Senate confirmation of Jainey Kumar Bavishi to serve as an assistant secretary of the National Oceanic and Atmospheric Administration.
Posted inBusiness, Nation / World
More Americans applied for jobless benefits last week but total is at 53-year low
Earlier this month, the government reported America’s employers added 428,000 jobs in April, leaving the unemployment rate at 3.6%.
Posted inBusiness, Maine
Hepatitis A exposure warning at Oakland restaurant is second this week involving food service in central Maine
A case of acute hepatitis was identified in a worker who handled food at the Waterville Country Club’s Nineteen 16 Restaurant in Oakland between April 26 and May 17, according to the Maine Center for Disease Control & Prevention.
Posted inAndroscoggin County, Business, Lewiston-Auburn
‘The best of who we are:’ LA Metro Chamber presents awards
The 2022 award winners include four individuals, one business and one community initiative. The winners were in attendance but with one notable exception.