City councilors are also expected Tuesday to consider appointing a committee to explore ways to spend federal COVID-19 relief funds.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Homeownership not among pandemic’s major economic casualties in Maine
Foreclosures are creeping back up since a pandemic-related federal moratorium ended, but experts say a drastic spike is unlikely.
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Posted inBusiness, Nation & World
States and cities slow to spend federal pandemic money, report finds
An analysis by the Associated Press finds that as of summer, states have spent only 2.5% of their allotment from the American Rescue Plan.
Posted inBusiness, Nation & World
Leaked ‘Pandora Papers’ reveal how the world’s elite hide their assets
The report reveals current and former politicians, including Russian President Vladimir Putin, former U.K. Prime Minister Tony Blair and billionaire Robert T. Brockman, created accounts to conceal assets.
Posted inBusiness
New lodge, new A-frames, new staff housing to come: Portland company expands to Rangeley to take on Saddleback Mountain builds
“I think their intent is to develop it in the spirit of the mountain and try to make it about the experience of being uniquely at Saddleback.” — Matthew Ahlberg, vice president and director of design services, Barrett Made Architecture + Construction
Posted inBusiness
New lodge, new A-frames, new staff housing to come: Portland company expands to Rangeley to take on Saddleback Mountain builds
“I think their intent is to develop it in the spirit of the mountain and try to make it about the experience of being uniquely at Saddleback.” — Matthew Ahlberg, vice president and director of design services, Barrett Made Architecture + Construction
Posted inBusiness, Maine
Daughters of Carl Levin christen BIW-built warship bearing his name
The late senator from Michigan served as chairman of the Senate Armed Services Committee and was an expert on defense matters.
Posted inBusiness, News
Central Maine business briefs: Waterville Creates hires new staffers
People & Places: Skowhegan Savings promotes Haley Wescott to community banker.
Posted inBusiness, Maine, Nation & World
Chinese media says Maine lobster shipment was ‘Pandora’s box’ behind pandemic
A Maine CDC spokesman called the claim ‘nonsensical’ and said there is no evidence to support it.
Posted inBusiness, Nation & World
U.S. auto sales slump, stalled by car computer chip shortage
New vehicle sales tumbled in September as the global shortage worsened, shuttering factories and limiting the selection on dealer lots.