The Finance Authority of Maine presented Camden National Bank with the “Lender at Work for Maine” award at its 40th anniversary celebration. This marks the 13th time Camden National Bank has been awarded this distinction for assisting small businesses with support and capital as they play a critical role in fueling the economy and providing […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Sheridan Construction Corporation given 2023 Developer of the Year award
WATERVILLE — Central Maine Growth Council has presented its annual 2023 Developer of the Year award to Sheridan Construction Corp., a design and build construction company in Fairfield. The award was presented at the council’s annual meeting, sponsored by Central Maine Motors, Kennebec Savings Bank, MaineGeneral Health and Huhtamaki. “We are pleased to congratulate Sheridan […]
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Posted inBusiness, Maine, News
Innovation in food packaging boosts Maine’s struggling forest industries
Tanbark Molded Fiber Products in Saco is making clamshell containers for Luke’s Lobster shacks with pulp from Maine trees, the latest reinvention of the state’s legacy industry.
Posted inBusiness, Uncategorized
Russian consumers feel themselves in a tight spot as high inflation persists
Russia’s Central Bank has raised its key lending rate four times this year to try to get inflation under control and stabilize the ruble’s exchange rate.
Posted inBusiness
Nissan will invest $1.4 billion to make EV versions of its best-selling cars at its UK factory
The Japanese automaker manufactures the gasoline or gas-hybrid Qashqai and smaller Juke crossover vehicles at the factory in Sunderland.
Posted inBusiness, Sports
Amazon, NFL hoping to establish tradition with first Black Friday game
There will be one major promotion per quarter and other deals during the pregame, postgame and halftime shows.
Posted inBusiness
Retailers offer big deals for Black Friday, but will shoppers spend?
Many retailers had ordered fewer goods this season and pushed holiday sales earlier than last year to help shoppers spread out their spending.
Posted inBusiness
Farmington tables proposed policy for liquor licenses
The policy would set time requirements for when applications must be submitted by businesses wishing to serve liquor.
Posted inBusiness, Nation & World, News
U.S. electric vehicle sales to hit record this year, but still lag China and Germany
It will be the first time more than 1 million EVs are sold in the U.S. in one calendar year, probably reaching between 1.3 million and 1.4 million cars.
Posted inBusiness, Nation & World, News
Hulu for $1, Max for $3: Streaming services slash prices this Black Friday
Black Friday promotions have become a fixture of the streaming TV era.