The Hallowell Area Board of Trade recently announced the appointment of Nick Lacasse as its new president. Lacasse, a seasoned leader with a passion for community development, is set to steer the organization toward a new era of growth and prosperity, according to a news release from the board. As a dedicated member of the […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Thomas College welcomes King to board of trustees
Brian King is a senior executive with Bank of America and president of Bank America Maine and a 1993 graduate of Thomas College.
Who wouldn’t like prices to start falling? Careful what you wish for, economists say
‘There are,’ the Bank of England warns, ‘more consequences from falling prices than meets the eye.’
Portland’s legendary Time & Temp sign has gone dark – for now
The building’s owner says a leak shut down the controls to one of Portland’s most well-loved landmarks.
Rush of asset-seizure cases puts Putin’s tycoons on high alert
The latest example is the nationalization of Russia’s largest pasta producer.
Migrant workers who helped build modern China have scant or no pensions, and can’t retire
China’s first generation of migrant workers played an integral role in the country’s transformation from an impoverished nation to an economic powerhouse.
EPA sets strict emissions standards for heavy-duty trucks and buses in bid to fight climate change
The new rules for heavy trucks and buses come a week after the EPA announced new automobile emissions standards for passenger vehicles.
Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates
The resulting higher borrowing costs helped bring inflation down – from a peak of 9.1% in June 2022 to 3.2% last month.
Not so sweet: Easter shrinkflation hits chocolate aisle as cocoa surges
Even though prices are higher, now may not be a bad time to start stockpiling some treats – especially in the week after Easter when leftover holiday goodies go on sale.
Owning Wrexham soccer club is hitting Ryan Reynolds in the wallet by millions
While the club said turnover rose from nearly $7.5 million to $13.3 million and that future prospects are positive, its losses increased to $6.4 million.