After falling from pandemic highs to a low of 2.8% in July, the jobless rate crept upward slightly in September.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Community
Winslow-based Standard Waterproofing acquires New England Fireproofing
WINSLOW — Female-owned commercial waterproofing company Standard Waterproofing has announced the acquisition of New England Fireproofing, a commercial fireproofing company out of Freeport. In operation since 1991, Standard Waterproofing has diversified its services to businesses throughout Maine. The acquisition of New England Fireproofing adds to Standard Waterproofing’s suite of services, including moisture protection, thermal and […]
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Posted inBusiness, Maine, New England, News
Judge denies request to continue work on NECEC transmission corridor
Lawyers for the CMP-backed project to bring hydropower from Quebec through western Maine had asked a court to reconsider an injunction halting the work while the case progresses.
Posted inBusiness, Nation & World, News
Driverless car development sets ablaze a bonfire of billions
While executives and investors alike are in some cases heading for the exits, well-capitalized companies in the space are plowing ahead into new markets and projects.
Posted inBusiness
EU leaders divided on gas price cap at energy crisis summit
They’re looking to foil the Kremlin’s strategy to choke off gas supplies to the bloc at will.
Posted inBusiness
Stocks give up an early gain and close lower on Wall Street
Markets continue an unsteady search for direction.
Posted inBusiness
U.S. home sales fell in September for eighth straight month
House hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market.
Posted inBusiness, Maine, Nation & World, News
Maine home prices rose again in September, but far less than usual
After double-digit leaps during previous months, the increase in home prices slowed. Real estate experts say the market appears to be cooling.
Posted inArts & Entertainment, Business, Nation & World, News
Dr. Oz made reputation as a surgeon, a fortune as a salesman
Oz, who stopped operating on patients in 2018, was a fixture on television, hosting his show for 13 seasons.
Posted inBusiness, Nation & World
Sparkling fish, murky methods: The global aquarium trade
Experts say the demand for these fish is contributing to the degradation of delicate coral ecosystems.