Business - Centralmaine.com

Business

Stocks gain ground on consumer confidence report

by DAMIAN J. TROISE and ALEX VEIGA Associated Press December 21, 2022

The government will release the personal consumption expenditure price index for November on Friday.

Business

Pain, few gains for investors as markets slumped in 2022

by Associated Press December 21, 2022

The S&P 500 index fell into a bear market by dropping more than 20% from the record high set in January.

Business, News

Maine housing market may be easing for buyers, November numbers show

by Hannah LaClaire December 21, 2022December 22, 2022

Prices are still rising, but at a slower pace than during the past two years, and mortgage rates fell slightly last month, according to data released Wednesday.

Business, Maine, Morning Sentinel

Cincinnati-based manufacturer acquires Benton company, plans facility at FirstPark in Oakland

by Zara Norman December 21, 2022December 21, 2022

The agreement between Meyer Tool Inc. and B&B Precise Products Inc. is expected to allow B&B to raise capital for a $3 million, 15,000-square-foot expansion of its facility on Route 100 in Benton.

Business, News, Politics

Lobster legislation a ‘Christmas miracle’ for Maine’s industry – if it passes

by Hannah LaClaire December 21, 2022December 21, 2022

Maine’s congressional delegation and Gov. Janet Mills on Wednesday made their case for the six-year pause on new lobstering regulations. If approved, money for developing new fishing practices could start flowing this spring.

Business, Nation & World, News

U.S. home sales fell in November for 10th consecutive month

by ALEX VEIGA AP Business Writer December 21, 2022December 21, 2022

Home prices continued to rise last month, though at a far smaller rate than just a few months ago.

Business, Uncategorized

Financial help requested for new Best Western hotel planned for Farmington

by Pam Harnden December 20, 2022December 20, 2022

Rick Collins is looking for TIF assistance for a new hotel he plans to build across from Palmer Realty Group on the Wilton Road.

Business, Uncategorized

Skowhegan opioid treatment clinic expands to Farmington

by Brian Ponce December 20, 2022December 20, 2022

Provider Services, a medical clinic based in Skowhegan that specializes in opioid addiction, is opening a new location in Farmington to provide access to medically assisted treatment to new clients as well as existing clients that live in or around the area.