AUGUSTA — Kennebec Savings Bank President and CEO Andrew Silsby recently announced the addition of Michael Pietroski as the vice president and retail regional manager — central region. In his role, Pietroski oversees and leads the bank’s branches in Augusta, Waterville, Winthrop and Farmingdale, providing a dedicated, personalized customer service. “We are delighted to have […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
University of Maine at Augusta announces winners of Maine Campus Compact Awards
AUGUSTA — The University of Maine at Augusta (UMA) Office of Civic Engagement has announced that Kathryn Walker, assistant professor of dental health, was awarded the The Maine Campus Compact Donald Harward Faculty Award for Service-Learning Excellence. This award recognizes outstanding Maine faculty who integrate community or public service into the curriculum and who work […]
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Posted inBusiness
Maine State Credit Union expands commercial lending team, announces key Augusta-area promotions
Maine State Credit Union has announced the expansion of its commercial lending team.
Posted inBusiness
Augusta-based MaineGeneral Medical Center receives an A grade for patient safety
AUGUSTA – MaineGeneral Medical Center earned the top grade of A on the Leapfrog Hospital Safety Grade released recently. This national distinction celebrates MGMC’s achievements in protecting hospital patients from preventable harm and errors. “System-wide, MaineGeneral staff take great pride in providing high-quality, patient-centered care. We are proud to receive an ‘A’ grade from The […]
Posted inBusiness, Maine
Maine’s liquor prices are a mystery, and some say unfair. That may change.
The current pricing system for distilled spirits gives the director of the state liquor agency wide discretion to set prices, but a new law is intended to increase transparency and oversight.
Posted inBusiness, Nation & World
Berkshire Hathaway’s profits plunge 64% even as thousands gather to soak up Buffett’s wisdom
Saturday’s annual meeting is the first since Vice Chairman Charlie Munger died.
Posted inBusiness, Maine, Politics
Kittery Trading Post threatens to move firearms sales to New Hampshire over new gun law
The outdoor sports retailer said the law will have ‘irreversible consequences’ for its business, which relies heavily on tourism.
Posted inBusiness
U.S. employers scaled back hiring in April. How that could let Fed cut interest rates
The Fed has been delaying any consideration of interest rate cuts until it gains more confidence that inflation is steadily slowing.
Posted inBusiness, Nation & World, News
Yellen says threats to democracy risk U.S. economic growth, an indirect jab at Trump
Her remarks serve as a sort of warning for business leaders who may overlook Trump’s disregard for modern democratic norms because they prefer the former president’s vision of achieving growth by slashing taxes.
Posted inBusiness, Nation & World, News
AI-controlled fighter jet took Air Force leader for a historic ride. What that means for war
Future war scenarios envision swarms of American unmanned aircraft providing an advance attack on enemy defenses to give the U.S. the ability to penetrate airspace without high risk to pilot lives.