The solar industry built expansive farms in Texas by leasing farmland and allowing sheep to graze on the same land. Clean energy now powers the grid.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Justice Department sues Visa, alleging card issuer monopolizes market
The complaint says Visa penalizes merchants and banks who don’t use its payment processing technology to process debit transactions, even though alternatives exist.
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Posted inBusiness, Maine, News
Two of Maine’s most rural counties need to build more housing more quickly, state says
A report published Tuesday includes targets that each county should hit to meet a statewide goal of adding 84,000 homes by 2030. But it falls short of issuing any mandates.
Posted inBusiness, Nation / World, News
Longshoremen around the U.S. appear likely to go on strike, seaport CEO says
A strike would shut down 36 ports that handle roughly half the nations’ cargo from ships.
Posted inBusiness
Boeing’s ‘final’ 30% pay hike offer isn’t good enough, union says
The company said the offer includes pay raises over 4 years, up from 25% in the first proposal. The union originally demanded 40% over 3 years.
Posted inBusiness, Maine, News
Federal bill could ease housing crisis in rural Maine
Towns want and need more housing but say they lack the developers and the money to make it happen.
Posted inBusiness, Health, Lewiston-Auburn, News
New bicycling apparel company founder has deep Dempsey Challenge roots
Kyle Rancourt’s connection to the Dempsey Challenge has only grown over nearly a decade that he has been participating in the challenge.
Posted inBusiness, Health, Maine
Maine woman sues Anthem insurance for failing to cover weight loss drugs
It’s the second lawsuit filed this year in Maine against insurance carriers that limit coverage of popular drugs such as Ozempic, Wegovy and Zepbound.
Posted inBusiness
U.S. ports are threatened with strikes in election-season jolt
Some 45,000 dockworkers at every major eastern and Gulf coast port are threatening to strike Oct. 1.
Posted inBusiness, Nation / World, News
The benefits of a 4-day workweek, according to a champion of the trend
American companies haven’t adopted 4-day weeks as broadly as, say, Australia or Europe, but that could change.