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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel, News
Thomas College to offer discounted courses for employees of Johnny’s Selected Seeds
The Winslow-based agricultural retailer and its 275 employees join other Maine companies in the college’s Preferred Education Partnership program.
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Posted inBusiness, Nation & World
NASA still deciding whether to keep 2 astronauts at space station until next year
The test pilots anticipated being away just a week or so but thruster failures and helium leaks marred the capsule’s trip to the space station, raising doubts about its ability to return safely and leaving the astronauts in limbo.
Posted inBusiness, Nation & World, News
Anti-DEI protesters sow disruption and confusion but have scant investor support
Each year, companies face hundreds of resolutions from progressive groups to change their policies to be more supportive of employee diversity, labor rights and other social issues.
Posted inBusiness, Nation & World, News
Sweet and salty $30 billion deal would put M&M’s and Snickers alongside Cheez-It and Pringles
It’s the biggest move in the snack sector since J.M. Smucker bought Hostess for $5.6 billion last year.
Posted inBusiness, Nation & World
Annual U.S. inflation falls to 3-year low, clearing way for Fed to cut rates
The government said nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing.
Posted inBusiness, Maine, News
Feds ramp up fight to block massive grocery merger involving Shaw’s
Kroger’s proposed $24.6 billion takeover of Albertsons would be the largest supermarket merger in U.S. history.
Posted inBusiness, Maine, News
Resurrected ship a reminder of Maine’s once-thriving sardine industry
But an effort to save the Jacob Pike by the great-great-grandson of the vessel’s namesake has been torpedoed by the need for expensive environmental remediation.
Posted inBusiness, Nation & World, News
Starbucks CEO replaced by fixer who revived Chipotle
Brian Niccol is tasked with an even bigger challenge this time around: how to get inflation weary U.S. customers back into stores.
Posted inBusiness, Maine, News, Schools and Education
MDI Bio Lab gets $19 million to boost Maine’s biomedical research, workforce
The federal grant will fund the renewal of the Maine IDeA Network of Biomedical Research Excellence program, a collaboration between 17 educational and research institutions, for another 5 years.