The administration’s new rules, published Friday, will require large operators to put their employees on a path to earn what their counterparts in local school districts make by 2031.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Kennebec Journal, Local & State
Ocean State Job Lot to open new location in Augusta’s Turnpike Mall
The new location for the discount retailer fills the space of the former Christmas Tree Shops, which closed last year.
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Posted inBusiness
Critics want regulatory review of CMP’s corporate takeover
Maine’s public advocate and environmentalists say a deal to take the utility’s parent company private would shield financial decisions from the public.
Posted inBusiness, Nation & World, News
U.S. drug price measure to cut costs by $7.5 billion in 2026
Senior citizens will fork out $1.5 billion less in out-of-pocket costs for ten medications.
Posted inBusiness, Nation & World, News
How a small group of nuns vexes big companies with investment activism
Among corporate America’s most persistent shareholder activists are 80 nuns in a monastery outside Kansas City.
Posted inBusiness
Potentially massive pay package for new Starbucks CEO, and he doesn’t even have to move to Seattle
Brian Niccol could make well in excess of $100 million in his first year with the company.
Posted inBusiness
Wally Amos of cookie fame died at age 88
Amos created the Famous Amos cookie empire and eventually lost ownership of the company. In his later years, he became a proprietor of a cookie shop called Chip & Cookie in Hawaii, where he moved in 1977.
Posted inBusiness, Nation & World
Meta kills off CrowdTangle despite pleas from researchers, journalists
Meta has released an alternative to CrowdTangle, called the Meta Content Library. But access to it is limited to academic researchers and nonprofits, which excludes most news organizations.
Posted inBusiness, Local & State, Morning Sentinel, News
Thomas College to offer discounted courses for employees of Johnny’s Selected Seeds
The Winslow-based agricultural retailer and its 275 employees join other Maine companies in the college’s Preferred Education Partnership program.
Posted inBusiness, Nation & World
NASA still deciding whether to keep 2 astronauts at space station until next year
The test pilots anticipated being away just a week or so but thruster failures and helium leaks marred the capsule’s trip to the space station, raising doubts about its ability to return safely and leaving the astronauts in limbo.