Reade Brower, who previously owned the Morning Sentinel, Kennebec Journal and several other daily and weekly newspapers in Maine, is combining the 4 papers he didn’t sell into a single entity.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
University of New England to offer online cannabis education classes
Five certificate programs will train students about business, medical, legal, product and agricultural aspects of the industry.
Downeaster reports record-setting ridership, revenue for 2024 fiscal year
The line, which carries Amtrak passengers from Brunswick to Boston, had nearly 600,000 riders between July 2023 and this June – a 4% increase over the mark set in 2019.
U.S. Transportation Secretary Pete Buttigieg touts federal investments in Freeport visit
The visit by Buttigieg, who was on Kamala Harris’ list of potential vice president candidates, comes the same day as Harris announced that Minnesota Gov. Tim Walz will be her running mate.
Nissan is developing ‘cool paint’ for cars to keep drivers comfortable
The company says the paint lowered the cars’ roof-panel temperature by 22 degrees Fahrenheit and the interiors by 9 degrees.
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
About a year after Musk bought the company, a number of advertisers began fleeing over concerns about ads showing up next to pro-Nazi content and hate speech on the site.
Calm returns to Wall Street as stocks bounce back from worst drop in nearly 2 years
Stronger-than-expected profit reports from several big U.S. companies helped drive the market after Japan’s Nikkei index soared earlier.
Repurposed Lincoln mill could become world’s largest long-duration energy storage system
The 85-megawatt system could hold enough wind- and solar-generated power to serve between 64,000 and 85,000 homes.
Failure of wind turbine blade off Cape Cod raises questions for Maine officials
The governor’s office and developer of the wind energy research array in the Gulf of Maine say they’ll follow federal regulators’ direction to address safety and environmental issues.
Maine Commercial Real Estate Transactions: July 2024
Broker submitted sales and leases for land, industrial, office, retail and more.