Abbott Laboratories, which makes the BinaxNOW rapid test, says it now produces more than 50 million tests per month and plans to raise that number to 70 million in January.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Smaller-store owners aiming for last-minute shoppers
They’re hoping that shortages at bigger retails stemming from supply chain issues will send customers their way.
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Posted inBusiness, Nation / World
Russian pipeline faces big hurdles amid Ukraine tensions
Opposed by Ukraine, Poland and the U.S., the project awaits approval from Germany and the EU to start bringing natural gas directly to Europe.
Posted inArts & Entertainment, Business, Nation / World
Congressional panel investigates deadly Astroworld concert
Ten people were killed in the crowd surge, about 300 were treated at the site and 25 were taken to hospitals.
Posted inBusiness, Maine
Sanford Walmart closes briefly over reported COVID-19 concerns
Media outlets reported that the closure Tuesday and Wednesday would allow a vendor to sanitize the store. Walmart was set to reopen Thursday.
Posted inBusiness, Nation / World
Amazon Web Services experiences another big outage
Though resolved in an hour, it underscores the expansive reach of the cloud and the vulnerabilities that come with it.
Posted inBusiness, Maine, News
Maine’s electric vehicle transition a costly proposition, report says
Public funding for new vehicle incentives and charging stations to meet Maine’s climate goals is projected to fall short by more than $100 million, according to the state-commissioned report.
Posted inBusiness, Maine, News
Beale Street Barbeque closes after 25 years in Bath
The Beale Street Barbeque building on Water Street is under contract and undergoing inspections, but owner Michael Quigg declined to say who the buyer is or detail their plans for the building.
Posted inBusiness, Maine
Maine home sales fell in November while prices kept rising
A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.
Posted inBusiness, Nation / World, News
After rejecting Avangrid, some in New Mexico push for publicly owned power company
Some lawmakers say investor-owned utilities require a return on equity that often creates an incentive to not invest in new energy sources.