An endangered desert wildflower stands in the way of a mining company’s plans to dig for lithium to help speed production of batteries for green energy projects.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Nation & World
Historic utility, high fashion: 80-year-old L.L. Bean staple finds new audience
The tote’s revival came at a time when price-conscious consumers were forgoing expensive handbags.
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Posted inBusiness, Nation & World, News
High-flying chipmakers see worst plunge since 2020
The Biden administration told allies it’s considering severe curbs if companies like Tokyo Electron and ASML keep giving China access to advanced semiconductor technology.
Posted inBusiness, Maine, News
L.L.Bean tied up in lawsuit claiming it copied ‘graceful’ design of Skechers sneakers
The Freeport-based retailer is accused of intentionally and willfully plagiarizing a patented ‘heel cup’ that is featured on millions of Skechers shoes.
Posted inBusiness, Maine, Morning Sentinel, News
Mobile home park proposed for site of former Skowhegan Drive-In Theatre
The town’s Planning Board discussed preliminary plans Tuesday for a 32-lot mobile home park during a pre-application review.
Posted inBusiness
Franklin Savings Bank promotes Dylan Smith to controller
FARMINGTON — Franklin Savings Bank has promoted Dylan Smith to the officer-level position of controller. He has been an integral member of the Franklin Savings Bank team for 6 1/2 years, demonstrating a commitment to excellence and a passion for supporting the bank’s mission. Smith began his career at Franklin Savings Bank in 2018 as […]
Posted inBusiness
Waterville’s Central Maine Growth Council distributes $250,000 in business grants
The grant program will accept applications through December.
Posted inBusiness, Nation & World
Aging bridges in 16 states will be improved or replaced with help of $5 billion in federal funding
The new bridges will be seismically resilient and multimodal, with room for vehicles, pedestrians, bicycles and transit.
Posted inBusiness, Nation & World
Even as denim has its moment, Levi’s finds itself trying to catch up
Denim has become fashionable among young consumers, but the trend hasn’t done much for the company synonymous with blue jeans.
Posted inBusiness, Lewiston-Auburn, News
Lewiston council approves 20-year tax pact for Gendron housing project off Farwell Street
For the first five years, 75% of the new tax revenue will be returned to the developer for a 208-unit apartment complex, then 65% for 15 years.