Finsulate recently secured a $25,000 prize sponsored by Skowhegan Savings Bank at the accelerator’s third pitch competition held in Waterville. Finsulate creates sustainably responsible foul-release wrap to replace anti-fouling paint on boats, docks, buoys, and other objects in the ocean. Hosted at the Greene Block + Studios in downtown Waterville, 12 companies spanning various industries […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Waterville-area credit union honors DeRosby for volunteer service
WATERVILLE — Jeannine DeRosby, board director at New Dimensions Federal Credit Union, was recently presented with the 2024 Alexander Ferguson Award for Outstanding Volunteer service at an annual awards ceremony. DeRosby has been active within the credit union industry, advocating politically at both the state and federal levels; attending nearly every Credit Union Day […]
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Posted inBusiness, Nation & World, News
Demand for food delivery has skyrocketed. So have complaints about some drivers
Since the COVID-19 pandemic, demand for food delivered fast has skyrocketed.
Posted inBusiness, Nation & World, News
After editor’s departure, Washington Post’s publisher faces questions about phone hacking stories
New CEO and publisher Will Lewis is facing questions about whether he made recent efforts to conceal his involvement in a British scandal a decade ago.
Posted inBusiness, Nation & World, News
U.S. hiring and wage growth picked up in May in sign of sustained economic health
America’s employers added a strong 272,000 jobs in May, a sign that companies are still confident enough in the economy to keep hiring.
Posted inBusiness, Nation & World, News
The number of debt-laden public companies worldwide is growing – including 2,000 in U.S. alone
So-called ‘zombies’ are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.
Posted inBusiness, Maine, News
More people are living in Maine and working remotely for out-of-state employers
Jobs and worksites that increased in tandem before the pandemic are now diverging: The number of workplaces now exceeds job growth, according to a Maine Department of Labor report.
Posted inBusiness
Watch: Leeds vineyard blooming like never before at budding business
WillowsAwake Winery looks for bountiful harvest with more vines coming into full production.
Posted inBusiness, Health, Maine
Businesses air concerns about proposed rules of new paid family leave program
Some companies that plan to offer their own programs object to paying into the state program during its 16-month startup period. The 1% payroll tax is split evenly between employers and their workers.
Posted inBusiness, Nation & World, News
SpaceX’s mega rocket, on its fourth attempt, completes test flight without exploding
The mega Starship rocket returned to Earth after blasting off from Texas and making an hourlong flight.