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.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
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.
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Posted inBusiness, Maine, 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, Maine, 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. […]
Posted inBusiness
Mainebiz Five on the Future Forum planned for Jan. 17
Mainebiz will host the annual Mainebiz Five on the Future Forum from 7:30-10:30 a.m. on Wednesday, Jan. 17. The event will feature a group of industry experts from top economists to area business leaders who will offer insights into what Maine businesses can expect during the rest of 2024. The forum will be held at […]
Posted inBusiness
Sebasticook Valley Federal Credit Union unveils new website
PITTSFIELD – Sebasticook Valley Federal Credit Union announces the launch of its newly redesigned website, reflecting its commitment to enhancing member experience and community engagement. With a focus on intuitive navigation, the revamped website ensures users can effortlessly explore the credit union’s diverse range of services and information. Utilizing Sebasticook Valley FCU’s existing brand style […]
Posted inBusiness
Waterville Creates welcomes 5 new full-time employees
WATERVILLE — Waterville Creates has announced the arrival of five new full-time staff members. Since moving into the Paul J. Schupf Art Center on Main Street in December 2022, Waterville Creates has consolidated the operations of the Waterville Opera House, Maine Film Center and Ticonic Gallery + Studios. With its various branches now housed under […]