The U.S. Department of Energy says it plans to loan $700 million to an Australian mining company to pursue a proposed lithium project in Nevada.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Community
MEREDA to kick off 2023 with forecast conference Jan. 26
PORTLAND — Leaders from across Maine’s real estate industry will gather from 9 a.m. to 5 p.m. Thursday, Jan. 26, for the Maine Real Estate & Development Association’s Forecast Conference and Member Showcase. This annual event will take place at the Cross Insurance Arena at 1 Civic Center Square in Portland, and can also be […]
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Posted inBusiness, Community
UScellular names retail area sales manager for Central, Northern New England
Local stores located in Farmington, Waterville, Augusta.
Posted inBusiness, Community
Maine Justice Foundation Awards 2022 Howard H. Dana Award to Barbara Cardone
The Maine Justice Foundation recently honored Barbara Cardone with the 2022 Howard H. Dana Award. The foundation presents the Howard H. Dana Jr. Award annually to a Maine lawyer to recognize significant contributions to enhance access to civil legal assistance to economically vulnerable Mainers and outstanding service in the advancement of the foundation’s mission. This […]
Posted inBusiness, Nation & World
Tesla cuts vehicle prices in bid to boost flagging demand
With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
Posted inBusiness, Community
Skowhegan Regional Chamber of Commerce names new executive director Hailey Howard
Howard is a Skowhegan native and 2013 graduate of Skowhegan Area High School.
Posted inBusiness, Maine, Morning Sentinel
Business may move into The Elm in Waterville after owner closes it as an event center
The Elm at 21 College Ave. struggled during the coronavirus pandemic, but owner Bill Mitchell is in talks to repurpose the space and have a business relocate there.
Posted inBusiness, Nation & World, News
Treasury Secretary Janet Yellen tells Congress U.S. expected to hit debt limit Thursday
Yellen said while Treasury can’t estimate how long the extraordinary measures will allow the U.S. to continue to pay the government’s obligations.
Posted inBusiness, Nation & World, News
Trump Organization fined $1.6 million for tax fraud
A fine was the only penalty a judge could impose on the Trump Organization after its conviction last month for 17 tax crimes, including conspiracy and falsifying business records.
Posted inBusiness, Maine, News
Sugarloaf gets provisional notification to begin logging in some areas of its expansion of West Mountain
Logging is expected to begin immediately for new trails and lift line.