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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inMaine Commercial Real Estate, Sponsored
For sale: Hospitality potential at historic residence in Maine’s Lakes Region
$2.5 million | 353 Bell Hill Road, Otisfield
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Posted inBusiness, Nation & World
Alaska Airlines is buying Hawaiian Airlines. Will the Biden administration let the merger fly?
The administration is certain to take a close look at Alaska Air Group’s $1.9 billion bid to acquire Hawaiian Airlines.
Posted inBusiness
Whistleblower allegation: Harvard muzzled disinfo team after $500 million Zuckerberg donation
The Kennedy School rejected the allegations of unfair treatment and donor interference as the research team launched a deep dive into a damning trove of Facebook files.
Posted inBusiness, Local & State, News
Versant Power raps wind transmission line, says it adds costs, not benefits, for many customers
The proposed Aroostook Renewable Gateway would connect power from a wind farm to the New England grid, but the project has faced many obstacles as its seeks regulatory approval.
Posted inBusiness, Local & State
Proposed rules would allow any commercial farm contaminated by PFAS to apply for financial assistance
Maine so far has focused on farms that were contaminated through the spreading of wastewater sludge.
Posted inArts & Entertainment, Business
Spotify axes 17% of workforce in third round of layoffs this year
A spokesperson confirmed that about 1,500 employees would lose their jobs as part of what the CEO called a ‘strategic reorientation.’
Posted inBusiness, Local & State, Morning Sentinel
$35 million Waterville housing project slated to launch next year
Head of Falls Village is expected to include two buildings with 18 workforce and 45 market-rate apartments on the corner of Front and Temple streets in downtown Waterville.
Posted inBusiness, Local & State, Morning Sentinel
Skowhegan businesses report strong — but unpredictable — start to holiday season
Several businesses, including some that are new to the downtown area, reported solid sales.
Posted inBusiness, Nation & World, News
Supreme Court wrestles with OxyContin maker’s bankruptcy deal, with billions of dollars at stake
The Supreme Court is wrestling with a nationwide settlement with OxyContin maker Purdue Pharma that would shield members of the Sackler family who own the company.