Sand Hill Bagel Co. developers hope the shop, which is slated to open next spring in the last remaining building of the former mill, will become one with the neighborhood and city park.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
A wave of older workers was already headed into retirement. The pandemic worsened things.
The coronavirus exacerbated Maine’s labor shortage. Most of the people who have left the state’s workforce since early 2020 were early retirees.
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Posted inBusiness, Maine, Politics
Maine politicians scramble to show support for lobster industry
Long seen as emblematic of Maine’s hardworking ethos, lobstering holds an outsized influence on the state’s electorate and politicians from both parties want to show voters that they are on board.
Posted inBusiness, Nation & World
EU nations struggle to find joint approach on energy prices
Energy ministers of the EU’s 27 nations could not agree on whether and how to impose a price cap on Russian natural gas.
Posted inBusiness, Maine, News
Kittery shipyard’s impact last year soared to $1.3 billion
Southern Maine towns and cities benefited from large number of workers and their salaries.
Posted inBusiness, News
Royce Cross stepping down as CEO of Cross Insurance, being succeeded by son
Jonathan Cross is the third generation of the Cross family to lead the 68-year-old, Bangor-based insurance provider.
Posted inBusiness
Stocks end broadly higher, breaking a 3-week losing streak
Stocks spent July and part of August gaining ground on hopes that the Fed would ease up on its interest rate hikes.
Posted inBusiness, Community
Mainebiz to celebrate 2022 Women to Watch on Sept. 15
Mainebiz plans to celebrate five inspirational female leaders in-person on Thursday, Sept. 15, at the 2022 Mainebiz Women to Watch reception. Mainebiz launched its Women to Watch award recognition program as a way to bring attention to top-notch women who are executives, women whose daily work strengthens their organizations and by extension, Maine’s economy. Now, […]
Posted inBusiness, Community
Saddleback Mountain recognized by Down East magazine
RANGELEY — Saddleback Mountain has been named the 2022 Readers’ Choice for “Best Ski Mountain” in Maine by Down East magazine. The September issue of Down East covers everything from playing outdoors to eating and shopping, according to a news release from Saddleback. Winners of the “Best of Maine” awards are selected for one of […]
Posted inBusiness, Community
UScellular enhances wireless network coverage in Kennebec County
UScellular continues to invest in its fast, high-quality network with the addition of 5G service to three cell sites in Kennebec County, including the towns of Belgrade Lakes, South Monmouth and Vassalboro. The sites enhance UScellular’s network in those towns and are among the more than 420 sites the wireless carrier has across the state. […]