Marilynn ‘Lynn’ Malerba, the lifetime chief of the Mohegan Indian Tribe, will oversee the Mint and her signature will be on currency.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Maine home sales activity is slowing down, but it’s not a buyer’s market yet
May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
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Posted inBusiness, Nation & World, News
U.S. home sales slow for the 4th month as prices enter unprecedented territory
The average rate on a 30-year home loan climbed to 5.78% last week, the highest its been since November of 2008 during the housing crisis.
Posted inBusiness, Maine, News
As Maine camps open for the summer, it’s harder than ever to staff them
Directors of overnight and day camps have been scrambling to get staff in place in time for the kickoff of summer camp season.
Posted inBusiness, Nation & World
Crypto investors’ hot streak ends as harsh ‘winter’ descends
What is happening to crypto is, in part, an extreme version of what is happening to stocks, as investors sell riskier assets at a time when the threat of recession is rising.
Posted inBusiness, Maine, News
Idexx closing subsidiary, ending business in Russia
The $3.2 billion veterinary medicine powerhouse kept operations going in Russia for four months after the invasion of Ukraine.
Posted inBusiness
How much for gas? Around the world, pain is felt at the pump
For the millions who don’t have accessible public transportation and can’t forgo their car, the solution has been to cut costs elsewhere.
Posted inBusiness
Airline industry predicts profit in 2023, defying slowdown
Passenger numbers worldwide are estimated to reach 83% of pre-pandemic levels.
Posted inBusiness, Maine, News
Twenty-five-unit apartment building to be built on Route 133 in Farmington
One-bedroom and studio apartments are planned for the three-story structure.
Posted inBusiness
Residents in Jay, Livermore and Livermore Falls to discuss ways to boost economic development
The meeting will be held at 6 p.m. Thursday at Main-Land Development Consultants on Main Street.