The public nine-hole golf course, located on state Route 3 in Augusta, was offered at auction by Keenan Auction Company after a deal to sell the property fell through earlier this year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
York County not affordable for working class, new report says
The report, based on homeownership and affordability data from the Maine Housing Authority, cites an alarming disparity between home prices and incomes.
advertisement
Posted inBusiness
18-year-old joining Blue Origin’s first passenger spaceflight
instead of a $28 million auction winner launching with founder Jeff Bezos on Tuesday, Dutch runner-up Oliver Daemen will be on board.
Posted inBusiness, Maine, New England
Scallop harvest to decline again this year, but is still strong
Fishermen harvested about 43.5 million pounds in 2020 and are expected to collect about 40 million pounds this year.
Posted inBusiness, Maine, News
South Portland wins pipeline lawsuit over local clean air rule
The Portland Pipe Line Corp. dropped its fight against the city’s Clear Skies Ordinance, ending a more than 6-year battle in federal courts.
Posted inBusiness, Maine, Nation & World
Maine jobless claims decline as U.S. claims fall to new pandemic low
The U.S. weekly tally of initial unemployment claims, a proxy for layoffs, has fallen more or less steadily since topping 900,000 in early January.
Posted inBusiness, Maine, News, Politics
Legislature moves forward with Mills’ plan for using COVID-19 relief funds
The Legislature’s budget-writing committee has approved a plan for spending close to $1 billion in federal American Rescue Plan Act funds.
Posted inBusiness
Stocks end a wobbly day mixed and just shy of record highs
Investors weigh the latest corporate earning reports and the Federal Reserve chair’s comments on inflation.
Posted inBusiness, Maine, Word on the Street
Word on the Street: Floating patios get beautified as downtown Augusta efforts ramp up
Making ‘a little oasis and a very inviting space’ has been the aim with sidewalk floating patios, according to the Augusta Downtown Alliance director.
Posted inBusiness, Maine
CMP customers to see double-digit rate increase next month
The new rates approved by regulators Wednesday will hike Central Maine Power customers’ bills by 11.5% starting Aug. 1.