The median price for a Maine home reached a record $390,200 in 2024, but the year also saw sales increasing after years of declines.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Maine Crime, News
Scammers are posing as CMP workers. Here’s how to protect yourself.
A Central Maine Power spokesperson said the aggressive tactics of scammers include going door-to-door to try to get money from customers.
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Posted inBusiness, Maine, Politics
Lawmakers criticize state official for withholding annual cannabis report
The annual report was due a year ago and never submitted to lawmakers, one of whom has asked for an investigation.
Posted inBusiness, Maine, News
Freight train speeds to increase up to 4 times in Maine
The increase will affect railroad crossings in Auburn, Lewiston, Monmouth, Winthrop, Waterville and beyond.
Posted inBusiness, Health, Maine, News
Stores across Maine are running out of eggs. Blame the avian flu.
The highly contagious virus has wreaked havoc on flocks of chickens, and Mainers are now seeing the impacts in local stores with empty or sparsely stocked egg coolers.
Posted inBusiness, Kennebec Journal, Maine, News
Bridal, formal wear store set to open in downtown Hallowell
Owner Janie Maddocks says she wants Lady J’s Elegant Attire and Event Planning to be a welcoming place for customers.
Posted inBusiness, Maine
7 Maine fishermen will go shrimping for first time in decade
Regulators are leaning on them to collect data that will help evaluate the northern shrimp stock and, potentially, inform the future of the long-closed fishery.
Posted inBusiness, Maine, News
Maine Turnpike Authority staying mum on executive director applicants
The search comes as the state agency reconsiders the stalled Gorham Connector proposal and rebounds from a scathing administrative review.
Posted inBusiness, Maine, News
Trump’s order halting offshore wind disrupts Maine’s efforts to build an industry
Commercial-scale leases in the Gulf of Maine, a state research project and plans for a turbine-assembly port will be affected by one of the new president’s first executive orders.
Posted inBusiness, Food & Dining, Maine, News
Maine’s only Cracker Barrel closes in South Portland
The Southern-style comfort food chain had a location on Maine Mall Road for nearly 15 years.