The Environmental Protection Agency will issue an emergency waiver to allow a 15 percent ethanol blend – a biofuel cheaper than gas – that is usually banned between June and September because of concerns that it adds to smog in high temperatures.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
U.S. inflation jumped 8.5% in past year, highest since 1981
Some economists suggest that inflation is at or near its peak, but it could take time to come back down.
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Posted inBusiness, Maine
Lawmakers quietly shelve bill to double motor vehicle inspection fee
The House killed the bill without discussion Monday after Gov. Janet Mills threatened to veto it and the Senate voted to table it indefinitely.
Posted inBusiness, Lewiston-Auburn
Photo: Target aims to open in Auburn before Black Friday
The former Kmart store on Center Street in Auburn is being redeveloped.
Posted inBusiness, Lewiston-Auburn, News
Development team seeks contract zone for first phase of Lewiston’s Choice Neighborhoods project
The first phase proposes 74 units, including the renovation of the historic Wedgewood house, taking shape on several properties between Pine, Pierce, Walnut and Bartlett streets.
Posted inBusiness, News, River Valley, Rumford Falls Times
Prospects rise for new water bottling plant in Rumford
BlueTriton Brands, Inc. purchases Puiia Business Park for $400,000.
Posted inBusiness, Nation / World, News
Elon Musk won’t join Twitter’s board after all
The Tesla CEO was named to the board last week after snapping up $3 billion worth of stock, making him the company’s largest stakeholder.
Posted inBusiness, Uncategorized
Once a retail giant, Kmart down to 3 stores after New Jersey closing
When the Kmart in Avenel, New Jersey, closes its doors on April 16, it will leave only three remaining U.S. locations for the former retail powerhouse
Posted inBusiness, Maine
Co-op advocates push for more community-owned solar farms
Maine’s solar energy landscape is dominated by large, out-of-state corporations. Advocates for cooperative ownership say there’s a better way.
Posted inBusiness, Maine, News
Part of island in Portland Harbor sells for $5.3 million
The northern half of historic House Island was purchased by House Island Holdings LLC.