When the legendary businessman and leader of Berkshire Hathaway, Warren Buffett, eventually passes away, the next generation of Buffetts — Howard, Susie and Peter — are poised to become one of the most powerful forces in philanthropy
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
The Titan’s former lead engineer says he felt pressured to get the submersible ready
The lead engineer for an experimental submersible that imploded en route to the wreck of the Titanic says he refused to pilot it for a journey several years earlier.
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Posted inBusiness, Nation & World
A state’s experience with grocery chain mergers spurs a fight to stop Albertsons’ deal with Kroger
Washington state is going to court Monday to try to block a proposed merger between Albertsons, which owns 19 Shaw’s supermarkets in Maine, and Kroger.
Posted inBusiness, Election 2024, Nation & World, News, Politics
Housing’s worst crisis in decades reverberates through 2024 race
At stake in the next two months are the votes of frustrated homebuyers and renters in battleground states.
Posted inBusiness, Maine, News
Maine’s long-term care facilities struggle amid labor shortage
The shortage affects nursing home and assisted-living jobs of all kinds, from nurses and personal care assistants, to food service workers and maintenance staff.
Posted inBusiness, Lewiston-Auburn
Morin’s Fine Furniture owner leaves family business in good hands as she eases into retirement
Cathy Raynor, a third-generation owner of the business, has sold her company and assets to a next generation tradesman who is 20 years younger.
Posted inBusiness, Lewiston-Auburn, News
Auburn couple ‘throwing hands up’ after trying to open day care near Lake Auburn
Tom and Kathleen Reed are looking to sell their property after trying for two years to open a day care business at an historic home near Lake Auburn.
Posted inBusiness, Maine, News
Maine’s energy efficiency agency is bullish on electric heat pump installation
A shift in incentives to whole-home heat pumps prompts questions about cost and vulnerability in power outages.
Posted inBusiness, News
ConvenientMD medical facility approved in Farmington
Mike d’Hemecourt, developer at Harborlight Properties of Portland, said the plan is to start building as soon as possible in the spring and finish by the end of the year.
Posted inBusiness, Maine, Sports
In-person sports betting makes Maine debut at Oddfellahs in Portland
The new sports bar is partnering with Caesars Sportsbook to offer Maine’s first retail betting site.