The U.S. auto industry could be looking at 2 vastly different product and profitability scenarios.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, Politics
Gov. Mills proposes exempting all Maine nonprofits from sales tax
The change, which would cost the state about $10 million annually, is necessary to simplify the tax code and reduce confusion, officials say.
advertisement
Posted inBusiness, Local & State, Morning Sentinel, News
Shop featuring vintage, antique and handmade items to bring new life to downtown Waterville building
Sandra Compton, 78, plans to open New Beginnings 2 on Friday at the former Ken-A-Set building at 1 College Avenue.
Posted inBusiness, Nation & World, News
Consumers are pushing back against price increases – and winning
In grocery stores, they’re shifting away from name brands to store-brand items, switching to discount stores, or simply buying fewer items like snacks or gourmet foods.
Posted inBusiness
Kennebec Savings Bank announces hire of Aline Taylor
AUGUSTA — Kennebec Savings Bank President & CEO Andrew Silsby recently announced the addition of Aline Taylor as the chief retail banking officer and a new member of the bank’s leadership team. In her role, Taylor oversees the bank’s efforts in providing high-quality products and services across its branch network. Since joining Kennebec Savings Bank […]
Posted inBusiness, Local & State
While Maine home prices continue to rise and inventory continues to fall, those trends are slowing
Data from Maine Listings shows the median sales price of a single-family home hit $353,000 in January, up 8.6% from $325,000 in January 2023.
Posted inArts & Entertainment, Business, Local & State
Bridge over bottled water? Hannaford shoppers sing praises for new in-store music
An employee survey led the Hannaford supermarket chain to revamp its music selection.
Posted inBusiness, Nation & World, News
Colorado moves to cap price of arthritis drug Enbrel
It’s the first attempt by a state to set a price ceiling on any drug.
Posted inBusiness, Nation & World
Supreme Court to hear arguments on online content moderation
The two cases stem from challenges to laws in Texas and Florida that would restrict how the largest social media sites and other online platforms moderate their content.
Posted inBusiness, Nation & World, News
How Bankman-Fried allegedly spent billions in customer funds before FTX collapse
The crypto mogul blew through untold amounts of money as his company was collapsing.