College says its finances remain strong, but ‘serious challenges’ are looming.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Maine’s adult-use cannabis sales nearly doubled in 2022
Legal sales of recreational marijuana soared 94% last year from 2021’s total. But the growth hasn’t always been easy, and there’s concern the market is becoming overcrowded.
advertisement
Posted inBusiness, Maine
Newry couple that discovered $1.5 billion lithium deposit fighting in court to mine it
Strict state regulations have prevented Mary and Gary Freeman from excavating the sought-after mineral used in batteries and cell phones.
Posted inBusiness, Maine
High-speed internet discount available in Maine
Federal program is funding a $30-per-month internet service discount for qualifying households.
Posted inBusiness, Nation & World
Drugstores make slow headway on staffing problems
A rush of vaccines, virus tests and a busy flu season started overwhelming pharmacies more than a year ago.
Posted inBusiness, Nation & World
NYC hospitals prep for nurse strike amid negotiations
Negotiations to keep about 10,000 nurses from walking off the job are heading into a final weekend.
Posted inBusiness, Community
Maine Center for Entrepreneurs, partners announce 2023 Top Gun Class
The Maine Center for Entrepreneurs, along with its partners, the Lewiston Auburn Metropolitan Chamber of Commerce and the Harold Alfond Institute for Business Innovation at Thomas College, announced Thursday the 32 businesses selected for the Top Gun 2023 Class. Beginning with 12 companies in 2009, over the years, the Top Gun Program has worked with […]
Posted inBusiness, Community
FCHN President Trampas Hutches begins new MaineHealth regional president role
COO Barbara Sergio steps in as interim president.
Posted inBusiness, Community
Skowhegan Savings Season of Giving grants $20,000 to 20 local nonprofits
Skowhegan Savings celebrated the holiday season with its second annual Season of Giving’ by donating $20,000 to 20 local nonprofits. Started in 2021, the bank’s employees annually select 20 nonprofits in their communities, by branch and departments, to give $1,000 grants to as part of the program. Grant winners are announced on the bank’s social […]
Posted inBusiness, Maine, Morning Sentinel
Waterville man launches coffee company with aim to help African farmers who provide the beans
Churchill Elangwe-Preston, who is launching a micro-roasting company called Mbingo Mountain Coffee, said he wants “to create a light in somebody’s life.”