FARMINGTON — Gifford’s Ice Cream announced the permanent closure of its Farmington shop Wednesday morning with a post on Facebook. In the post, the company expressed their sorrow over this loss of their second-ever store that opened in 1982. The location was flooded with mud and water when the Sandy River rose and covered lower […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Maine, Schools and Education
University of Maine system to explore adding a medical school
The state’s public university system has engaged with a national consultant to study the feasibility of establishing a medical school.
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Posted inBusiness, Nation & World, News
Canada’s 2 major freight railroads may stop if contract dispute isn’t resolved
As the Canadian contract talks were coming down to the wire, CSX broke with the U.S. freight rail industry’s longstanding practice of negotiating jointly for years with the unions.
Posted inBusiness, Nation & World, News
Nvidia eyes return to record as AI spending bonanza continues
Concerns about the returns from AI investments recently contributed to a tech selloff, although that dip was readily bought amid signs that economic growth remains resilient and rising confidence that the spending on AI itself will stay strong.
Posted inBusiness, Lewiston-Auburn
Schemengees Bar & Grille co-owner David Lebel dies at 57
The Lebels bought Schemengees more than a quarter century ago because, they once said, they both loved pool so much.
Posted inBusiness, Nation & World, News
New ‘great game’ unfolds in Pacific as U.S., China vie for maritime routes
The ‘Great Game’ reference harks back to 19th-century competition for influence in Central Asia between the British Empire and Russia’s tsarist rulers.
Posted inBusiness, Nation & World
A tale of 2 retailers: Target reverses sales slump while Macy’s reports another decline
Grocery aisle deals and an emphasis on affordable but stylish clothes has helped Target reverse a yearlong sales slump.
Posted inBusiness, New England, News
Weeks after floods, Vermont businesses struggling to get visitors to return
The loss is a domino effect in a state that relies on outdoor recreation as an economic driver.
Posted inBusiness, Election 2024, Nation & World, Politics
At Democratic convention, UAW head threatens strike against Stellantis over delayed plant reopening
The lag violates the contract that was ratified last year, and union head Shawn Fain says the manufacturer is dragging out the process so it never has to reopen.
Posted inBusiness, Nation & World, News
Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+
The suit was brought by the husband of a New York doctor who suffered a fatal allergic reaction after eating at a restaurant in Disney Springs.