Waterville-based Ware-Butler Building Supply and Pleasant River Lumber Co. recently acquired three local building supply and hardware retailers.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
AT&T, Discovery join media brands as cord-cutting encroaches
AT&T will join its massive media operations that include CNN, HBO, TNT and TBS in a $43 billion deal with Discovery, the owner of lifestyle networks including the Food Network and HGTV.
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Posted inBusiness, Maine
Spike in lumber prices not helping most Maine wood suppliers
Unless more sawmills come on line, the huge jump in prices for building materials likely won’t filter down to wood suppliers in Maine.
Posted inBusiness, Maine
Maine wedding industry on track for recovery as restrictions ease
After a year of lost business and disruption, a growing industry that generates $1 billion annually in Maine is ready to get back on its feet.
Posted inBusiness, Maine
Can lab-grown lobster compete with Maine’s most lucrative catch?
A food tech company in Wisconsin plans to commercialize cultured lobster meat, but industry leaders in Maine say they don’t see it as an immediate threat.
Posted inBusiness, Morning Sentinel
Central Maine seasonal food establishments look forward to ‘huge summer’ after pandemic downturn
Owners of some seasonal eateries said they’re making adjustments to make the most of the moment as the state loosens pandemic restrictions for businesses and more people flock to outdoor and indoor locations.
Posted inBusiness, Nation & World
Stocks close higher with help from tech, but still down for week
Investors’ worries about the possibility of rising inflation as the U.S. economy recovers from the coronavirus pandemic fueled three days of heavy selling.
Posted inBusiness, Nation & World
Gasoline crunch from cyberattack spreads to nation’s capital
Colonial Pipeline says deliveries are being made in all of its markets, but it would take ‘several days’ to return to normal.
Posted inBusiness, Maine
Mainers celebrate loosened restrictions, but some hesitant to shed masks
People interviewed Friday expressed relief, as well as reservations about unvaccinated people and indoor settings.
Posted inBusiness, Nation & World
Greece joins Mediterranean race to win back tourists
Southern European countries are scrambling to reopen their tourism services to lure vacationers emerging from lockdowns.