The company filed a WARN notice with Maine JobLink Sep. 23, the same day it announced its national closure.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
New Jersey offshore wind farm clears big federal hurdle amid environmental concerns
Opponents say the operation would be devastating for marine and coastal habitats.
U.S. job openings rise to 8 million as labor market remains sturdy
But the number of Americans quitting their jobs – a sign of confidence in their job prospects – slid to the lowest level since August 2020.
Dockworkers at ports from Maine to Texas go on strike, risking new shortages
The strike affecting 36 ports is the first by the union since 1977.
Maine Commercial Real Estate Transactions: September 2024
Broker submitted sales and leases for land, industrial, office, retail and more.
Fed chair says U.S. economy is in ‘solid shape,’ with gradual rate cuts coming
His comments disappointed the hopes of many investors that the Fed would implement another steep half-point reduction in its key rate before the end of the year.
CMP dispatches line crews to help restore power in Virginia, North Carolina
The Augusta-based utility sent line workers and damage assessment teams to areas hard hit by Hurricane Helene.
Satellite service DirecTV buys rival Dish as it fights onslaught of streaming services
More than 2 decades ago, the companies almost merged, but the deal was blocked by federal authorities. Since then, the pay-for-TV market has changed significantly.
Roux Institute’s new business incubator aims to take on climate change
The new ClimateTech Incubator houses 12 startups focused on the environment to help boost the state’s clean energy workforce.
UMaine Machias to offer new nursing program via UMaine Augusta partnership
The Downeast Nursing Track will allow students to earn a bachelor’s in nursing from the Augusta college while going to school in Machias.