Meanwhile, America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
In photos: Big G’s Deli through the years
The revered Winslow deli closed after 38 years in business.
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Posted inBusiness, Maine, News
Florida investor uses internal records to sue power company for alleged fraud
The lawsuit by NextEra shareholders includes claims the company spent dark money to oppose the New England Clean Energy Corridor transmission line through western Maine.
Posted inBusiness
Powell says Federal Reserve is more confident inflation is slowing to its target
He stressed Monday that the Fed does not need to wait until inflation actually reaches 2% to cut borrowing costs.
Posted inBusiness
Wall Street rises to the edge of records as its momentum keeps rolling
U.S. stocks ticked to the edge of records as Wall Street’s momentum keeps pushing it upward
Posted inBusiness, Lewiston-Auburn, Maine
Lewiston shoemaker Rancourt & Co. crafts Team USA Olympic shoes for a fourth time
Traditional white suede bucks will be worn for the opening ceremony in Paris.
Posted inBusiness, Nation & World
Texas Gov. Greg Abbott demands answers as customers remain without power after Beryl
Around 270,000 homes and businesses are still without power in the Houston area almost a week after Hurricane Beryl hit Texas.
Posted inBusiness
From basement to battlefield: Ukrainian startups create low-cost robots to fight Russia
Ukraine hopes to find a strategic edge against Russia in drones built in abandoned warehouses or factory basements
Posted inBusiness, Maine, Morning Sentinel, News
Big G’s Deli in Winslow closes permanently after 38 years
Big G’s was a staple for decades in Winslow and much of central Maine, known for its expansive menu, large portions and homemade white, wheat, rye and pumpernickel breads used for sandwiches.
Posted inBusiness, Maine, Morning Sentinel, News
Shop offering sustainable products from local vendors to open Tuesday in downtown Oakland
Neecko Dugas’ business, My Boho Life at 58 Main St., is also expected to offer classes on a variety of topics, including wellness, reflexology and reiki.