The federal agency told a major employees union in a letter last week that the facility in Hampden ‘will remain open and will be modernized.’
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Uncategorized
Lawsuits against Florida’s top property insurers decline. Is it a sign reforms are beginning to work?
Lawsuits against top Florida property insurers declined overall between 2022 and 2023 and insurers say they would have declined even more if Hurricane Ian had not struck the state in September 2022. Insurers say it’s a clear sign that the legislative reforms enacted in 2022 are starting to work even if premiums have not yet […]
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Posted inBusiness, Uncategorized
Africa’s biggest oil refinery begins production in Nigeria with the aim of reducing need for imports
It’s been years in the making, with the aim to to reduce the need for imports.
Posted inBusiness, Uncategorized
The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says
The anti-poverty organization Oxfam International says the fortunes of the five richest men have spiked by 114% in real terms since 2020, when the world was reeling from the pandemic.
Posted inBusiness, Uncategorized
More CEOs fear their companies won’t survive 10 years as AI and climate challenges grow, survey says
A survey of more than 4,700 CEOs worldwide was released Monday as business elites, political leaders and activists descended on the World Economic Forum’s annual meeting in Davos, Switzerland, and it showed a mixed picture of the coming years.
Posted inBusiness, Local & State, Morning Sentinel
Two longtime businesses close in downtown Waterville
Lebanese Cuisine, known to many as “the Lebanese bakery,” and Paragon Shop have closed after having been in business for 44 years.
Posted inBusiness, Nation & World, News
As legal challenges mount, some companies retool diversity and inclusion programs
Lawsuits making their way through the courts have targeted prominent companies and a wide array of diversity initiatives, including fellowships, hiring goals, anti-bias training, and contract programs for minority or women-owned businesses.
Posted inBusiness, Local & State, News
With increased demand for home contractors in Maine, is the time right for licensing requirements?
Maine is one of just 15 states that does not require general contractors to be licensed. A bill in the Legislature seeks to change that, although past attempts have been unsuccessful.
Posted inBusiness
Hannaford To Go reduces fees on pickup orders
Hannaford Supermarkets will deliver even greater value to customers this year with new reduced fees on Hannaford To Go grocery pickup orders. Hannaford supermarkets announced it will reduce fees on Hannaford To Go grocery pickup orders. Customers can receive free pickup on orders of $125 or more, further enhancing savings and convenience for shoppers who […]
Posted inBusiness
Maine State Credit Union expands retail team, promotes 4
AUGUSTA – Maine State Credit Union has made changes to its retail team, which will allow it to continue to provide members with the highest level of support across the state of Maine as it continues to expand into new markets. Lavetta Denson has been promoted to the role of vice president, regional retail manager. […]