Business

Federal regulators, who are set to discuss the fishery at a meeting in Portland on Thursday, have said the scallop population in the Atlantic Ocean is healthy, but the mass of scallops has declined from record high levels of several years ago.

The final statement from the Group of Seven summit in Germany underlined their intent to impose 'severe and immediate economic costs' on Russia.

Shares of Digital World Acquisition Corp. drop almost 10 percent.

The bank is also on the hook for a compensatory claim of more than $19 million.

Many are now struggling to find staff as travel rebounds.

From a start in a Milan orphanage, he went on to become one of Italy’s richest industrialists.

The 348-foot-long Amadea flies an American flag as its journey of over 5,000 miles ends.

Hatfield will lead the nonprofit at a critical point in Maine's escalating affordable housing crisis.

Justice Stephen Breyer wrote that prosecutors must prove that doctors knew they were illegally prescribing powerful pain drugs in violation of the federal Controlled Substances Act.

An outside group will certify companies to ensure their products don't contain THC, the pyschoactive compound in marijuana.

A study finds the two most common conditions cited were chronic pain (61%) and post-traumatic stress (11%).

The practice has become increasingly common as prospective purchasers, frustrated by the state's red hot real estate market, are doing whatever they can to put in the winning bid.

Most economists say corporate price gouging is, at most, one of many causes of runaway inflation – and not the primary one.

The Maxwells have been farming the land, now known for its strawberries, for 9 generations. The Rodriguezes have joined them for the last 3.

Owners must use cash and other workarounds as a reluctant financial industry worries about federal retribution

Some say they will reimburse employees who must travel out of state to get an abortion.

He will first join a meeting of the Group of Seven, then attend a summit with leaders of the 30 NATO countries.

They say understaffing at the agency is 'crippling' traffic along the East Coast.

The Air Line Pilots Association said Friday that the council overseeing relations with United approved a tentative two-year agreement that covers about 14,000 of the airline's pilots.

The company had asked the court to pause what it called an 'extraordinary and unlawful action' by the Food and Drug Administration that would have required it to immediately halt its business.

Hong Kong's economy contracted 4% in the first quarter, one of its worst performances of the past 30 years, and has seen an outpouring of expatriate talent to places like Singapore.

Parts of the U.S. economy are still red-hot, particularly the jobs market, but some discouraging signals have emerged recently.

The pandemic relief money, provided through the American Rescue Plan Act, was distributed proportionally based on population.

Privacy experts say the ruling could make women vulnerable because their personal data could be used to surveil pregnancies and be shared with police or sold to vigilantes.

Demand for vinyl records has been growing in double-digits for more than a decade.

Toyota is recalling its new electric crossover vehicles for wheel bolts that could become loose.

A Harvard University report indicates that Maine's renters are struggling – something that those in the affordable housing arena know all too well.

A new Harvard University report illustrates the growing affordability struggle for both homebuyers and renters across the country and in Maine.

The Harry E. Reed Insurance Agency had already faced criticism after it posted a sign that was dismissive of the holiday and included a racist trope.

The average rate on 15-year, fixed-rate mortgages, popular among those refinancing their homes, rose to 4.92% from 4.81% last week.

Technology and health care stocks drove much of the rally, outweighing losses in energy and financial companies.

The action is part of a sweeping effort by the agency to bring scientific scrutiny to the multibillion-dollar vaping industry after years of regulatory delays.

The state will use $8.3 million in federal funds from the Consolidated Appropriations Act to reimburse the costs of commercial harvesting licenses and some fees.

The money will help pay for a new career center under construction and a scholarship in environmental science.

Maine is part of the partnership that has a goal of deploying 30 gigawatts of offshore wind power by 2030, enough to provide electricity to 10 million homes and spur $12 billion per year in private investment.

Still, the hospital is extending its goal by an additional $20 million for 'further investments made necessary by the challenges of the COVID-19 pandemic.'

Much of the recent job security and wage gains that Americans have enjoyed recently has been offset by inflation levels not seen in four decades..

After two years of pandemic restrictions, travel demand has roared back and airlines and airports are struggling to keep up.

Millions of Americans are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon for the first time ever.

Voters will likely be asked in November if they want to increase the city's minimum wage, which is $13 an hour and on its way to $15 in 2024.

If savings from the 18.4 cents-a-gallon federal tax on gas are fully passed along to consumers, drivers would save about $2.76 for a 15-gallon fill-up.

The choppy trading followed a solid rally on Tuesday in what has been a turbulent period for the broader market.

Like other countries, Canadian households are being hit by record gasoline prices, paired with surging food costs.

For the 1st time since governments banded together 40 years ago to protect marine life near the South Pole, deep-sea fishing for Chilean sea bass is proceeding this season without any catch limit.

He tells senators that the Federal Reserve's primary goal is to reduce inflation, and he still hopes to achieve what he has called a 'soft landing' – a reduction in inflation and a slowdown in growth without triggering a recession and high unemployment.

Workers delivered a petition and letter of intent to Chipotle Mexican Grill management Wednesday, saying they are forming a union.

The president's push faces uphill odds in Congress, which must act in order to suspend the taxes, and where many lawmakers, including some in his own party, have expressed reservations.

After digging out of a daunting backlog from 2021, the agency has an even bigger backup for this tax season than it did a year ago.

The 2 restaurants have served loyal customers for 3 decades.

Struggling to curb the worst inflation outbreak in 3 decades, Federal Reserve Chair Jerome Powell last week engineered a three-quarters-of-a-point increase in the Fed's short-term interest rate — the largest single rate hike in a quarter-century.

Pandemic-era aid ended as prices spiked – and now the middle class is feeling squeezed again.

The CEO says each division – one for snacks, one for cereal and the other for plant-based foods – will be better able to focus on their own products.

Marilynn 'Lynn' Malerba, the lifetime chief of the Mohegan Indian Tribe, will oversee the Mint and her signature will be on currency.