All 13 shops in Maine have transitioned from private ownership.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Amazon sues admins of 10,000 Facebook groups over fake reviews
One of the groups called ‘Amazon Product Review’ had more than 43,000 members.
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Posted inBusiness, Nation & World
U.S. disrupts North Korean hackers that targeted hospitals
The FBI was able to trace a ransom paid last year by a Kansas hospital and identified China-based money launderers who assisted the hackers.
Posted inBusiness, Kennebec Journal, Maine, News
Augusta Chipotle closes, workers say company is practicing ‘union-busting 101’
Company officials said they have been unable to adequately staff the Marketplace at Augusta restaurant.
Posted inBusiness, Nation & World, News
U.S. gasoline prices fall to 2-month low with pump pain easing
The nationwide average was at $4.495 a gallon, according to data released on Tuesday by the American Automobile Association.
Posted inBusiness, Uncategorized
Trump donors ran $27 million real estate and green card scam, prosecutors say
None of their investors ever received green cards, the feds allege.
Posted inBusiness, Uncategorized
Famed bubble caller Jeremy Grantham: Stocks can fall further
Stock prices are down about 20% since famed investor Jeremy Grantham warned early this year that they were in a ‘super bubble.’
Posted inBusiness, Nation & World
European leaders ink energy deals in bid to sidestep Russia
Fears of a complete natural gas cutoff by Russia are escalating.
Posted inBusiness, Uncategorized
Wall Street rally fades as corporate profit reports ramp up
Stocks closed lower Monday after an early gain evaporated in the afternoon.
Posted inBusiness, Maine
Inflation forces Maine DOT to cut back on projects
Transportation officials have rejected 7 bids for $28 million in road and bridge work so far this year because construction prices are outpacing state estimates.