The store would be the third Market Basket in Maine, following locations in Biddeford and Westbrook.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Federal appeals court reinstates lobstering closure in Gulf of Maine
A federal judge’s ruling in a lawsuit brought by the Maine Lobstering Union and other industry businesses had temporarily halted the closure.
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Posted inBusiness, Food & Dining
The Wrap: New restaurants in Portland, and Sam Hayward talks shellfish
Aroma Joe’s opens in the Forest Avenue Hannaford, holiday beer and cheese pairings, and happy Beaujolais Day.
Posted inBusiness, Maine, News
Bath Iron Works starts building latest Arleigh Burke destroyer for Navy
The cutting of steel at the shipyard’s Brunswick fabrication facility Tuesday marked the start of construction on the USS Quentin Walsh.
Posted inBusiness, Maine, Morning Sentinel
Company finalizing financial package to launch manufacturing operation at former Madison mill
Belfast-based GO Lab Inc. a building products manufacturer and closed on the former Madison Paper Industries mill in 2019 in a $1.9 million deal.
Posted inBusiness, Maine
Lobstermen’s group launches $10 million fundraising push to ‘save’ industry jobs
The Maine Lobstermen’s Association says it needs money to fight new federal restrictions intended to help protect endangered North Atlantic right whales.
Posted inBusiness, Nation & World
Coming off climate talks, U.S. to hold huge crude sale in Gulf
President Biden campaigned on vows to end drilling on public land and waters, but the leases mean production could go past 2030, when scientists say the world needs to cut greenhouse gas emissions to avoid a climate catastrophe.
Posted inBusiness, Nation & World
Biden promotes infrastructure plan at an old, rusty bridge in New Hampshire
Many of the particulars of how the money is spent will be up to state governments.
Posted inBusiness, Nation & World
Yellen says U.S. Treasury’s cash won’t last long past Dec. 3
Leaders have yet to reveal their plan for how to address the debt ceiling.
Posted inBusiness, Maine
Rate increase will raise average Versant Power bills by $30 a month next year
The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.