Camden National Bank has announced that Matthew Witten has joined the company as senior vice president, director of information security. With two decades of experience, Witten brings a deep understanding of how an organization’s commitment to maintaining the integrity and confidentiality of customer financial data empowers users to confidently utilize services without the fear of […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Commissioner announces appointment of Maine securities administrator
AUGUSTA – Department of Professional and Financial Regulation Commissioner Anne Head has appointed Jesse Devine as administrator of the Maine Office of Securities. The office is responsible for protecting Maine investors through fair and balanced regulation of the securities industry and effective enforcement of any violations of Maine’s securities laws and rules. “Jesse brings extensive […]
The Boulos Company promotes Nick Lucas to partner
The Boulos Company has promoted of Nick Lucas, who joined the company as a broker in 2017, to partner. Having joined the company as a broker in 2017, Lucas has consistently showcased his dedication, expertise, and commitment to excellence in the commercial real estate industry. “I first reached out to Boulos six years ago with […]
Dirigo Labs’ Better Maine Conference planned Oct. 5 in Waterville
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Biden sending aides to Detroit to address autoworkers strike, says ‘record profits’ should be shared
President Biden says he’s dispatching 2 of his top aides to Detroit to help resolve the strike by unionized autoworkers.
Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along?
By 2030, Starbucks wants to move away completely from disposable cups, which represent big portions of the company’s overall waste and greenhouse gas emissions.
TikTok is hit with $368 million fine under Europe’s strict data privacy rules
European regulators have slapped TikTok with a $368 million fine for failing to protect children’s privacy.
Maine bumps up minimum wage starting in January
The cost of living index rose 2.4%, prompting an increase in Maine’s minimum wage, tipped wage and overtime threshold.
IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims
The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic.
Biden administration restores the power of states and tribes to review projects to protect waterways
The rule, which takes effect in November, reverses a Trump-era action that limited the ability of states and tribes to review pipelines, dams, and other federally regulated projects within their borders.