Cleanup of the 25,000-gallon oil spill cost Amplify Energy $17 million. The company also lost about $45,000 in crude.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
‘Pharma Bro’ firm reaches $40 million settlement in gouging case
Vyera raised the price of the decades-old Daraprim from $17.50 to $750 per pill after obtaining exclusive rights to it in 2015.
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Posted inBusiness, Nation / World
What caused Amazon’s outage? Will there be more?
Tuesday’s disruption raises questions about the vulnerability of the internet and its domination by a handful of big tech firms.
Posted inBusiness, Nation / World
Biogen’s $56 000 Alzheimer’s drug evades Biden’s cost curbs
Seniors will pay higher premiums so Medicare can set aside a contingency fund to cover Aduhelm.
Posted inBusiness, Nation / World, News
Instagram’s chief faces senators’ anger over possible harm to youth
Senators of both parties were united in condemning Instagram during a hearing that grew more confrontational and emotionally charged as it went on.
Posted inBusiness, Lewiston-Auburn, Maine
Fate of a Lewiston recycling firm may rest on how legislators deal with a controversial bill
Lawmakers will renew debate next month on a measure aimed at restricting out-of-state wastes from a state landfill in Old Town.
Posted inBusiness, Lewiston-Auburn, News
Roy’s All Steak Hamburgers reopens Wednesday after crash damage repaired
The restaurant wall that was breached in Sunday morning’s crash was rebuilt Tuesday.
Posted inBusiness, Nation / World, Politics
Saule Omarova, Biden’s pick for top bank regulator, withdraws nomination
She would have supervised about 1,200 banks, with $14 trillion in total assets – roughly two-thirds of the U.S. banking system.
Posted inBusiness, Nation / World
Refugees sue Facebook for $150 billion, alleging it helped perpetuate genocide in Myanmar
Facebook failed to quickly stop the spread of hate speech and misinformation against the Rohingya people, in turn contributing to the persecution and alleged genocide of the minority community in Myanmar, according to a lawsuit filed Monday in a California court that asks for more than $150 billion in compensation. The class-action suit against Meta, […]
Posted inBusiness, Nation / World
Judge blocks Biden’s vaccine mandate for federal contractors
A White House spokeswoman said the Justice Department would continue to defend the mandate.