Weather is creating more disruption to electricity service, and the state’s utilities – and ratepayers – are racking up larger bills for the extra help that’s needed as a result.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Wall Street adds to big January after strong week
American Express jumps 10.5%, while Tesla rises 11%.
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Posted inBusiness, Kennebec Journal, Maine
Three awards cap off annual business celebration at the Kenney Awards
More than 800 people turned out for the Kennebec Valley Chamber of Commerce’s annual Kenney Awards at the Augusta Civic Center.
Posted inBusiness, Maine
Ban on pesticides with PFAS feeds concern about unintended impacts
Some Maine farmers, including some of its 300 certified organic farmers, worry they soon won’t be able to defend their crops from pests, said Julie Ann Smith of the Maine Farm Bureau.
Posted inBusiness, Lewiston-Auburn
Lewiston, Auburn’s ‘booming’ housing market takes center stage at annual real estate conference
One broker predicted that the growth in the residential market will usher in new office, retail and industrial development.
Posted inBusiness, Maine, News
Maine businesses, schools get smart at artificial intelligence meeting
A study by the Portland-based Roux Institute finds that a handful of Maine industries are using AI as a tool for increased efficiency and a host of other competitive advantages.
Posted inBusiness, Nation & World
House Republicans seek new restrictions on use of U.S. oil stockpile
Rep. Jared Golden of Maine is the sole Democrat to join unanimous Republicans in supporting the bill.
Posted inBusiness, Community
Kennebec Savings Bank promotes Michelle Richardson to senior vice president
AUGUSTA – Kennebec Savings Bank President & CEO Andrew Silsby has announced Michelle Richardson’s promotion to senior vice president and senior residential lender. In her new role, Richardson joins the bank’s leadership team and is responsible for all residential lending. Richardson joined the bank in 2000 as a loan processor. Prior to her most recent […]
Posted inBusiness, Community
Sarah Sachs named president of KFS Mortgage Company LLC
KFS Mortgage Company LLC, the Waterville-based lending corporation that is a wholly owned subsidiary of Kennebec Savings Bank, has named Sarah Sachs as its new president. Sachs brings extensive experience in residential mortgage, retail banking and small business lending to her new role, according to a news release from the company. Prior to joining KFS […]
Posted inBusiness, Community
St. Alban’s SKILLS Inc. promotes Nicole Hubbard
Nicole Hubbard of Pittsfield has been promoted to the position of assistant residential manager for SKILLS Inc., a St. Albans-based nonprofit that supports people with intellectual and developmental disabilities. Hubbard has worked for SKILLS since 2009, holding the positions of direct support professional and team leader prior to her recent promotion. As an assistant residential […]