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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Waterville’s Allen Insurance and Financial member receives recognition
Davenport has nearly 20 years of industry experience.
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Posted inBusiness
Attorneys join team at Steve Smith Trial Lawyers in Augusta
The firm announced that Walter H. Foster IV and Blair A. Jones have joined the practice.
Posted inBusiness
Oakland fiber internet expansion complete
Oakland, along with parts of Belgrade and Sidney, have joined Fidium’s growing network in Maine.
Posted inBusiness, Maine, News
Portland Jetport plans nearly $5 million in improvements
The money would fund upgrades to the passenger terminal building and parking garage, and the development of a new over-the-water flight path meant to reduce neighborhood noise complaints.
Posted inBusiness, Maine, News, Schools and Education
UMaine System receives 3 new bids for Hutchinson Center in Belfast
The university system rescinded an offer to sell the building to a church earlier this year, citing shortcomings in the initial request for proposals’ criteria.
Posted inBusiness, Maine, News
Alfonds, heirs of Dexter Shoe Co., now rank among wealthiest Americans
Scarborough resident Susan Alfond and her brothers amassed their wealth from the shoe company started by their father and bought by investor Warren Buffett.
Posted inBusiness, Nation & World
Hiring slowed sharply in final month before election amid hurricanes, strikes
The a low unemployment rate suggests that the labor market is still fundamentally healthy, if not as robust as it was early this year.
Posted inBusiness, Maine, News
Gas pipeline operators’ push for higher rates could spark increase in electricity costs
Besides delivering gas to homes, the pipelines also supply power plants that generate electricity, meaning the requests before the Federal Energy Regulatory Commission will have a ripple effect on the cost of electricity.
Posted inBusiness, Maine, News
Maine Climate Council skips green hydrogen, for now, and leans into EVs
Maine Won’t Wait 2.0, which is due out next month, is relying on getting 150,000 electric passenger vehicles on the road by 2030 to meet the state’s emissions target of lowering 1990 greenhouse gas levels by 45%.