The landmark hotel was listed for sale last week at $999,000, just a month after reopening, but co-owner Faith Goguen says she and her husband, Bruce, remain committed to the property as they take a long view of their business operations.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Maine wreath business was cited for record-keeping, workplace safety violations
Worcester Resources defends its track record, says it is proud of the way it treats employees.
advertisement
Posted inBusiness, Nation & World, News
Bank stocks tumble while others rise on hopes for easier interest rates
The most pressure is on the regional banks a couple steps below in size of the massive, ‘too-big-to-fail’ banks that helped take down the economy in 2007 and 2008.
Posted inBusiness, Nation & World, News
After 2nd collapse, Biden says U.S. can have confidence in banks
The president says he would seek to hold those responsible accountable, and he promised that no losses would be borne by taxpayers.
Posted inBusiness, Nation & World, News
Biden approves major oil drilling project in Alaska over protests
The administration, in a move in the other direction toward conservation, earlier said it would bar or limit drilling in some other areas of Alaska and the Arctic Ocean.
Posted inBusiness, Food & Dining, Maine, News, Uncategorized
As a Maine distillery grows, so does worry over ‘whiskey fungus’
The black blight is spreading near large distilleries and threatening home values in places such as Kentucky. Now some neighbors of Wiggly Bridge Distillery say the fungus has come to York.
Posted inBusiness, Nation & World
U.S. government moves to stop potential banking crisis
The Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients would be protected and able to access their money.
Posted inBusiness
From wine country to London, bank’s failure shakes worldwide
It was called Silicon Valley Bank, but its collapse is causing shock waves around the world.
Posted inBusiness
A major bank failed. Here’s why it’s not 2008 again
Fancy tech-focused Silicon Valley Bank was brought down Friday by the oldest issue in banking: a good ol’ run on the bank.
Posted inBusiness, Nation & World
Will it take market crash for Congress to raise debt limit?
Republicans and Democrats have been dancing around each other about the need to raise the government’s legal borrowing authority.