The plan calls for developing the castle-like Olde Federal Building in downtown Augusta into a destination hotel with a spa, café and rooftop bar.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Shoe brand Steve Madden slashing Chinese imports ahead of Trump tariffs
The company, known for its trendy footwear for teens, announced the moves on Thursday, and said it had already been developing a factory network in Cambodia, Vietnam, Mexico and Brazil for several years.
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Posted inBusiness, News
Disabled Marine from Turner moving forward one sip of coffee at a time
A former member of the elite Marine Silent Drill Platoon and a veteran of Afghanistan, John Wayne Nelson has overcome a traumatic brain injury to start Deltacom Coffee, with profits going to help veteran groups.
Posted inBusiness, Maine
Hannaford outage blocks some credit card sales, to-go orders
All Hannaford locations remained open Thursday, but some were cash-only. It was not clear how many stores were impacted.
Posted inBusiness, Maine, News
Third recreational cannabis recall issued in as many months
The recall impacts 1/8-ounce packages of cannabis flower sold Oct. 11-24 at 4 dispensaries in Bethel, Biddeford and Sanford.
Posted inBusiness
Pho Appetite opens in Oakland
Pho Appetite is located at 886A Kennedy Memorial Drive in Oakland.
Posted inBusiness, Election 2024
Stocks, bitcoin surge after Trump victory. So do worries about inflation.
U.S. financial markets have historically tended to rise regardless of which party wins the White House.
Posted inBusiness
Boeing factory strike ends as workers vote to accept contract
A strike by 33,000 factory workers is coming to an end after more than seven weeks.
Posted inMaine Commercial Real Estate, Sponsored
For sale: historic mixed-use property on U.S. Route 1 in Rockport
$2.3 million | 680 Commercial Street, Rockport
Posted inBusiness, Maine, News, Schools and Education
UMaine’s ‘Factory of the Future’ aims to tackle the housing crisis with 3D printing
Construction is underway on a 50,000-square-foot building in Orono that will house the university’s massive 3D printers and train students to produce houses, boats, wind turbine molds and more.