Business Archives - Lewiston Sun Journal

Business, Maine, Nation / World, Outdoors

The future of snowmobiling is looking electric – and quieter

by Tik Root The Washington Post February 18, 2022February 18, 2022

A burgeoning electric recreation industry aims to reduce not only decibels and fumes but also reliance on fossil fuels that, when burned, contribute to climate change.

Business, Maine, News

Maine CDC warns of potentially tainted infant formula

by Staff Report February 18, 2022February 18, 2022

No cases of illness have been reported in Maine, but some of the affected formula was distributed to the state.

Business, Lewiston-Auburn

Great Falls Forum: Battling conspiracy theories is all about listening

by Steve Collins February 17, 2022February 18, 2022

Bates College professor Stephanie Kelley-Romano said when people feel left out and disempowered, “they are going to look for some sort of explanation.”

Business, Nation / World

Walmart steers through inflation, boosting profit and sales

by ANNE D'INNOCENZIO The Associated Press February 17, 2022February 17, 2022

The nation’s largest retailer also delivered on Thursday an upbeat outlook for this year and boosted its dividend.

Business, Nation / World

Ukraine tensions send U.S. stocks and bond yields sharply lower

by DAMIAN J. TROISE and ALEX VEIGA Associated Press February 17, 2022February 17, 2022

Markets have been unsettled all week by tensions in Ukraine, and the potential for a military conflict in Europe has made for volatile trading in energy markets.

Business, Nation / World

Saudi Arabia keeps lid on oil output as U.S. gasoline prices rise

by AYA BATRAWY and ABDULLAH AL-SHIHRI Associated Press February 17, 2022February 17, 2022

President Biden has warned that gas prices could rise even higher if Russian President Vladimir Putin invades Ukraine.

Business, Nation / World

Trump must testify in New York investigation of his businesses, judge rules

by MICHAEL R. SISAK Associated Press February 17, 2022

The former president and his two eldest children, Ivanka and Donald Trump Jr., are ordered to comply with subpoenas issued in December by New York Attorney General Letitia James.

Business, Maine

State utility regulators order investigation into CMP’s management

by Peter McGuire February 17, 2022February 17, 2022

The PUC will look into how CMP parent Avangrid’s desire for profit might have affected operations in Maine, but it also will discontinue a financial penalty imposed on the utility.