Wicked Good Slippers continued to be the company’s top-performing product, with eight pairs sold per minute during the holiday season.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Feature Obituary, Maine, News
Carlo Cimino, founder of Maine construction company, dies at 84
The business he launched 57 years ago has led the construction of schools and multifamily housing projects throughout the state.
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Posted inBusiness, Nation & World
Farmworkers use Florida trek to pressure companies
They hope big chains like Publix, Wendy’s and Kroger will join the Fair Food Program that started in 2011.
Posted inBusiness, Nation & World
Ford recalls 1.5 million vehicles to fix brake hoses, wiper arms
The automaker will mail owner notification letters starting April 17.
Posted inBusiness, Nation & World
Parent company of Silicon Valley Bank files for bankruptcy
Meanwhile, the bank, its CEO and its CFO are targeted in a class action lawsuit.
Posted inBusiness, Nation & World
Will Americans end up footing the bill for bank failures?
It could be months before the answers are fully known.
Posted inBusiness, Nation & World
Protests erupt in France over Macron’s push to raise retirement age
The president aims to make people work two more years, until 64, before receiving a full pension.
Posted inBusiness, Nation & World, News, Politics
Biden calls for tougher penalties for failed bank execs
Biden wants the Federal Deposit Insurance Corporation to be able to force the return of compensation paid to executives at a broader range of banks should they fail.
Posted inBusiness, Nation & World, News
Stocks fall to cap chaotic week on Wall Street
The fear is that the banking system may be cracking under the weight of the fastest set of interest rate hikes in decades.
Posted inBusiness, Nation & World, New England
Boston pizza parlor owner accused of physically abusing employees
Stavros Papantoniadis allegedly abused a longtime immigrant worker who could not legally work in the U.S.