Workers began walking picket lines early Tuesday, picketing near ports all along the East Coast.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
Impact of national port worker strike unclear in Maine
Eimskip, Portland’s sole shipper, employs 50 members of the longshoremen’s union but is not involved with the national labor agreement being negotiated.
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Posted inBusiness, Local & State, Morning Sentinel
Wage increases, more vacation time at heart of Huhtamaki steelworkers contract
Members of United Steelworkers Local 449 at the Huhtamaki food service and packaging products mill in Waterville voted overwhelmingly to ratify a three-year contract that includes wage increases and more vacation time.
Posted inBusiness, News
With national closure, Yelloh food delivery service will lay off 14 workers near Bangor
The company filed a WARN notice with Maine JobLink Sep. 23, the same day it announced its national closure.
Posted inBusiness, Nation & World
New Jersey offshore wind farm clears big federal hurdle amid environmental concerns
Opponents say the operation would be devastating for marine and coastal habitats.
Posted inBusiness, Nation & World
U.S. job openings rise to 8 million as labor market remains sturdy
But the number of Americans quitting their jobs – a sign of confidence in their job prospects – slid to the lowest level since August 2020.
Posted inBusiness, Nation & World
Dockworkers at ports from Maine to Texas go on strike, risking new shortages
The strike affecting 36 ports is the first by the union since 1977.
Posted inMaine Commercial Real Estate, Real Estate, Sponsored
Maine Commercial Real Estate Transactions: September 2024
Broker submitted sales and leases for land, industrial, office, retail and more.
Posted inBusiness, Nation & World, News
Fed chair says U.S. economy is in ‘solid shape,’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.
Posted inBusiness, Local & State, Nation & World
CMP dispatches line crews to help restore power in Virginia, North Carolina
The Augusta-based utility sent line workers and damage assessment teams to areas hard hit by Hurricane Helene.