The largest and oldest power cooperative in Texas is filing for Chapter 11 bankruptcy protection citing last month’s winter storm that left millions without power
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Lewiston-Auburn
Does your company have a COVID-19 vaccine policy?
There’s a lot to consider in crafting one and the time to start is now, according to two Auburn attorneys.
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Posted inBusiness, Maine
Cannabis version of Shipyard’s Pumpkinhead ale to launch in Maine
The upcoming product launch stems from a partnership between Novel Beverage of Scarborough and Portland’s Shipyard Brewing Co.
Posted inBusiness, Maine, News
Competition for housing fuels construction boom in Biddeford-Saco
The area has become increasingly attractive as high rental prices push people out of the Portland market.
Posted inBusiness, Maine
Thomas College student’s digitized snowmobiling map service a ‘win’ for riders
Jake Warn, 21, of Winslow, a college junior, has put his studies in entrepreneurship to work, creating SledTRX.com.
Posted inBusiness, Maine
Costly power grid upgrade to boost renewables will test Maine’s commitment
It’s becoming clear that achieving Maine’s climate goals is going to require a makeover of its electric grid on a scale that hasn’t happened since the 1970s.
Posted inBusiness, Perspective
Biden’s claim that with a $15 minimum wage, ‘the whole economy rises’
Biden is bullish on a big increase in the minimum wage, but economists are sharply divided on the impact on jobs.
Posted inBusiness, Nation / World, News, Politics
Minimum wage increase must be stripped from COVID relief bill, Senate arbiter decides
The proposal would gradually raise the federal minimum wage to $15 over 5 years, well over the $7.25 in effect since 2009.
Posted inBusiness, Maine, News, Politics
Maine’s congressional delegation asks Biden to protect lobstermen from proposed rules to save right whales
The two senators and two representatives say the proposed rules could be a ‘death knell’ for the industry.
Posted inBusiness, Maine, News
Maine tax revenues ahead of forecasts, despite pandemic’s impact
Finance commissioner Kirsten Figueroa said revenues for January were nearly $90 million more than predicted and up by more than $154 million for the first 7 months of the current fiscal year.