This year, small businesses are bracing for a more muted season, as some Americans spend more cautiously.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, New England, News
Pricey, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
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Posted inBusiness, Nation & World
In France, gas crisis frays nerves, workers’ resilience
Motorists sometime line up for hours to refuel – not always successfully.
Posted inBusiness, Nation & World, News
As electric car production falls short, flippers step up
The years-long wait for some new electric vehicles is creating a reselling frenzy.
Posted inBusiness, Nation & World
Musk has a ‘super app’ plan for Twitter. It’s super vague.
For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat – a ‘super app’ that does video chats, messaging, streaming and payments – for the rest of the world.
Posted inBusiness, Maine, Morning Sentinel
L. Tardif Jeweler to close after 87 years in downtown Waterville
The family business at 62 Main St., a downtown fixture since opening in 1935, is expected to end its run by year’s end.
Posted inBusiness, Community
Summit Utilities Inc. named 2022 Best Places to Work in Maine
Summit Utilities Inc., parent company of Summit Natural Gas of Maine, was recently named one of the 2022 Best Places to Work in Maine in the Large Employer Category. This marks the fourth consecutive year for this outstanding achievement. “We are honored to be recognized for fostering a culture and work environment that is collaborative […]
Posted inBusiness, Community
Allen Insurance and Financial’s Jennifer Coffin earns award of excellence
Jennifer Coffin of Nobleboro, a personal insurance account executive with Allen Insurance and Financial, has been honored with the Safeco Insurance Award of Excellence, an honor recognizing superior underwriting skill. This recognition is achieved only by a select group of agents across the country who sell Safeco Insurance. This is the second consecutive year Coffin […]
Posted inBusiness, Community
Maine Veterans’ Homes names new CEO
Maine Veterans’ Homes board of trustees announced Wednesday that Sharon Fusco will lead Maine Veterans’ Homes as chief executive officer effective Dec. 5. “Sharon brings an extensive background and understanding of aging care policy and leadership, and approaches challenges with excitement, opportunity, and an innovative, strategic vision,” said Adria Horn, MVH board chairperson, according to […]
Posted inBusiness
Stocks fall broadly on Wall Street as inflation worries grow
Trading has been unsettled all week and was especially volatile on Thursday after a government report showed that inflation remains very hot.