The decision comes after environmental regulators designated the chemicals — used in nonstick frying pans, water-repellent sports gear, stain-resistant rugs, cosmetics and countless other consumer products – as hazardous substances.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
Wells Fargo to pay $3.7 billion over consumer loan violations
The banking giant agrees to settle charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages.
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Posted inBusiness, Maine, News
PUC rejects proposed $75 power bill credit for low-income Mainers
The Maine Public Utilities Commission said the credit would have shifted costs to other struggling electricity customers.
Posted inBusiness, News, Politics
Federal spending bill would pause new regulation of Maine’s lobstering industry
The bill before Congress would halt new regulations of the state’s iconic fishery for six years while work is done to develop gear that is potentially less threatening to endangered whales.
Posted inBusiness, Maine, News
To protect lobstermen, spending bill may speed whales’ extinction, activists say
Maine lawmakers pushed for a provision that would block stricter federal regulations aimed at protecting right whales from entanglements in fishing gear.
Posted inBusiness, Maine
Westbrook’s bond rating gets a boost
Moody’s Investors Service upgraded the city’s bond rating this month.
Posted inBusiness, Maine
Christmas tree demand remains high despite inflation
Some Christmas tree growers fretted over external factors only to rediscover that holiday greenery is largely inflation-proof.
Posted inBusiness, Maine, News
Worker shortages put Maine plowing operations between a rock and a snowbank
Businesses are having trouble hiring enough drivers to clear lots and driveways, and the Department of Transportation also is understaffed heading into winter.
Posted inBusiness, Nation & World, News
Not just for kids: Toymakers aim more products at grown-ups
Long before the pandemic, many adults turned to toys from Legos to collectible items to tap into their inner childhood for comfort.
Posted inBusiness, Maine
Developer plans to add 800 housing units in Bayside
Port Property Management says that while planning is in the early stages, the vision for the project includes retaining existing commercial tenants while gradually adding multifamily housing.