High court judge says CMP affiliate must not work on disputed mile of corridor project
A judge on Maine’s high court ruled that a Central Maine Power Co. affiliate must refrain from work on public land on roughly one mile of its 145-mile hydropower corridor.
Coronavirus’ impact on Maine’s economy
NATIONAL BUSINESS
Maine esports startup gets hotly contested slot in Portland institute’s new tech accelerator
The Harpswell company is using artificial intelligence to analyze player performance in esports competitions.
White House competition council seeks lower consumer prices
The goal is to foster a more dynamic economy in which competition among companies leads to more transparency, greater choice and potential savings for customers.
Federal mandate takes vaccine decision off employers’ hands
Some businesses and workers are likely to challenge the orders in court, but many more companies will “appreciate having the cover,” said Dorit Reiss, a professor at the University of California Hastings College of the Law.
Inequality has cost the US nearly $23 trillion since 1990
Inequality in employment, education and earnings has cost the U.S. economy nearly $22.9 trillion over the past 30 years, a sum that is likely to increase as minority populations expand, a new report shows.
Former Bangor Hydro building in downtown Bangor has been sold to NY developer
A New York-based developer has purchased another prominent downtown Bangor building, after purchasing the State Street property that houses the Bangor Region Chamber of Commerce last year.
Richest 1% dodge $160 billion in taxes each year, Treasury Department finds
The Treasury said the best way to fill the “tax gap” — estimated at $600 billion total — is to increase funding for the IRS and empower the agency to go after rich tax cheats.
Unemployment stays high despite record-high job openings
Across the United States, employers who are desperate to fill jobs have posted a record-high number of job openings. They’re raising pay, too, and dangling bonuses to people who accept job offers or recruit their friends.
Maine’s recreational pot shops top $10M in sales in August
The state’s adult-use retailers sold $10.2 million worth of marijuana products last month as sales continue to grow since last fall when the first stores opened, according to the Maine Office of Marijuana Policy.
Maine holiday traffic rebounds to 2019 levels for 1st time over Labor Day weekend
The return to normal was most notable on the Maine Turnpike, which saw more than 1.05 million transactions between Friday and Monday, according to data from the turnpike authority.
How Facebook undermines privacy protections for its 2 billion WhatsApp users
The company’s actions have left WhatsApp — the largest messaging app in the world, with two billion users — far less private than its users likely understand or expect.
An unemployed Mainer applied for 130 jobs. Now enhanced benefits are ending.
Jack Schraeter is one of the roughly 21,500 Mainers losing federal unemployment benefits this week with pandemic-related unemployment programs expiring.
Parts shortage predicted to keep auto prices high through 2023
A surge in COVID-19 cases from the delta variant in several Asian countries that are the main producers of auto-grade chips is worsening the supply shortage. It is further delaying a return to normal auto production and keeping the supply of vehicles artificially low.
2 anchors of COVID safety net ending, affecting millions
Starting Monday, an estimated 8.9 million people will lose all unemployment benefits. A federal eviction moratorium already has expired.
Job automation booms after COVID
The pandemic didn’t just threaten Americans’ health when it slammed the U.S. in 2020 — it may also have posed a long-term threat to many of their jobs.
US hiring slows as delta variant weakens travel and tourism
America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring.
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