Togus VA workers are fired, the Acadia hiring freeze is lifted and a Portsmouth Naval Shipyard hiring event is canceled.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Maine inches toward allowing cannabis ‘social clubs’
The idea, approved by voters in 2016, is picking up steam with a new report recommending how to regulate ‘cannabis hospitality establishments.’
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Posted inBusiness
Farmington’s Franklin Savings Bank promotes Augusta woman
Lauren Breton is now commercial loan servicing officer with the bank.
Posted inBusiness, Maine
While home insurance rates spike elsewhere, Maine leads country in stability
Maine has been the least impacted by climate change-fueled insurance rate increases nationwide, a new report finds.
Posted inBusiness
Waterville’s Alfond center hires ‘American Ninja Warrior’ champion
Labreck is one of the most decorated women in ‘American Ninja Warrior’ history, the obstacle course show that premiered on NBC in 2009.
Posted inBusiness
Skowhegan Savings Bank promotes Waterville man
Andrew Fortin-Trimble is now senior vice president and chief banking officer.
Posted inBusiness, Maine, News
Trump has some Canadians rethinking their Maine vacation plans
Tariff threats and political insults could put millions of dollars for Maine’s tourism industry at risk.
Posted inBusiness
Part of L.L.Bean flagship store torn down as $50M renovations continue
The project is expected to be completed by fall 2026.
Posted inBusiness, Maine, News
Maine home prices rose in January, and so did sales
The year kicked off with the same trends from 2024.
Posted inBusiness, Maine, News
Cutting clean energy tax credits would drive up Maine power bills
Eliminating tax credits could lead to a loss of $22 billion a year in clean power investment in the U.S. In Maine, the loss would be $100 million annually, according to a report.