In the past five years, its currency has lost about 90% of its value against the U.S. dollar.
2023
Posted inBusiness, News
Androscoggin Mill in Jay has a new owner
Pennsylvania-based Pixelle Specialty Solutions stopped production of paper in March and shut the mill down permanently.
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Posted inNew England Patriots, Sports
Winning now doesn’t have to hurt future for the Patriots
Commentary: The players are still playing for Bill Belichick, regardless of all the speculation about the coach’s future and talk about the team’s draft position.
Posted inKennebec Journal, Maine
Kennebec County Emergency Management Director steps down after monthslong administrative leave
A separation agreement signed by the outgoing director, John Brenenstuhl, states there was no wrongdoing or unlawful conduct on his part or the county’s.
Posted inMaine, Times Record
More destroyers, parking garage possible for Bath Iron Works under new defense bill
The $886 billion National Defense Authorization Act also includes funding for BIW to design the next-generation destroyer.
Posted inBusiness, Nation & World, News
Retail sales rise 0.3% in November as Americans hit the gas on shopping, travel and restaurants
Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still have power to keep buying.
Posted inKennebec Journal, Maine, News, Schools and Education
Augusta school board votes down transgender-inclusive policy
Some school board members argued the policy needs more work, but others said there was plenty of time for adjustments since the document was introduced nearly a year ago.
Posted inBusiness, Nation & World, News
Wall Street makes zero progress in energy finance transition
The industry needs to get to a 4-to-1 ratio of clean energy versus fossil fuel financing by 2030. At the end of last year, it was 0.73 to 1 – little changed from 2021.
Posted inMaine colleges, Sports
Especially this time of year, college football just keeps getting sillier by the day
Commentary: There is no loyalty, NIL deals trump all and bowl games have become pretty close to meaningless
Posted inMaine, Times Record
BIW union to hold gate collection to support workers displaced by fire
A mobile home in Bowdoinham where multiple Bath Iron Works employees were living was damaged by an electrical fire Dec. 6. The shipyard’s largest union is holding a fundraiser to get them back on their feet.