The state’s nascent legal marijuana industry has set a succession of record monthly sales totals since its October launch.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
IRS records show wealthiest Americans paid little in income taxes, report says
ProPublica obtains tax data on richest Americans, a huge scoop that could send Washington scrambling.
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Posted inArts & Entertainment, Business, Maine
Vinyl records find new groove during pandemic, keeping sales spinning
Retailers cheer on Record Store Day, which is being held on 2 days, June 12 and July 17.
Posted inBusiness, Maine
Lobster lovers feeling the pinch of high prices
Lobster is pricey this season due to a limited supply, high demand and the reopening of the economy as the nation moves past the COVID-19 pandemic.
Posted inBusiness, Maine
CMP fined $360,000 for transmission system testing violation
The company was cited for violating industry testing standards meant to ensure stability and prevent outages.
Posted inBusiness, Maine, News, Politics
Maine Senate confirms Mills’ second pick for PUC
Patrick Scully, an attorney who specialized in energy and utility issues, will join the 3-member Maine Public Utilities Commission.
Posted inBusiness, Nation / World
Global glitch: Swaths of internet go down after cloud outage
Cloud service company Fastly says it was a technical error and not a cyber attack.
Posted inBusiness, Nation / World
Jeff Bezos will blast into space on rocket’s first crew flight
Blue Origin is set to take off July 20 in Texas.
Posted inBusiness, Nation / World
U.S. economy: Plenty of growth, not enough workers or supplies
Inflation fears linger, but some economists believe the risk is short-lived, and will ease once the supply of workers and raw materials catches up with demand.
Posted inBusiness, Maine
Maine business groups say prices would rise under recycling bill
They point to a research paper that suggests consumer prices would increase, but critics say the report’s findings aren’t credible.