Ardent Adventures of Acton, Massachusetts, has a purchase and sale agreement with owner Melissa Ellis of Wilton.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Warby Parker store coming to the Old Port
The eyewear company plans to move into a nearly 2,000-square-foot space at 184 Middle St. early next year.
advertisement
Posted inBusiness, Nation & World, News
TD Bank to pay $3 billion in historic money-laundering settlement with Justice Department
The Justice Department said the bank allowed money laundering networks to move $670 million through TD Bank accounts over a period of several years.
Posted inBusiness, News
Federal court sides with Avangrid in dispute over western Maine power corridor
A New Hampshire nuclear power station owned by NextEra must perform a safety upgrade critical to Avangrid’s 145-mile NECEC transmission line through western Maine, a federal appeals court ruled this month.
Posted inBusiness, Nation & World, News
Social Security recipients will get 2.5% cost-of-living boost in 2025, smaller than in recent past
Recipients received a 3.2% increase in their benefits in 2024, after a historically large 8.7% benefit increase in 2023, brought on by record 40-year-high inflation.
Posted inBusiness, Nation & World, News
US inflation reaches lowest point in 3 years, though some price pressures remain
Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news in the closing weeks of the presidential race.
Posted inBusiness, Nation & World
U.S. inflation reaches lowest point in 3 years, though some price pressures remain
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021.
Posted inBusiness, Maine, News
Maine seeks new operator to revive Rockland Branch rail line
The Department of Transportation is seeking to restore freight service and that could help the Amtrak Downeaster resume its effort to add passenger service from Brunswick to Rockland.
Posted inBusiness, News
Jay board approves shoreland zoning permit for new manufacturing mill
John Godfrey of Marblehead, Massachusetts, hopes to begin construction in early in 2025.
Posted inArts & Entertainment, Business, Nation & World, News
Disney World and Universal closures halt Orlando tourism as Milton approaches
The closures tempered expectations for some tourists while the impending storm raised some anxiety in others.