Businessman Bill Mitchell is renovating 57 Main St. in downtown Waterville, where Elm City Nutrition is slated to open on the first floor this spring and the upper two floors are large, high-end apartments.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business, Nation & World
Rare gold coin sells for $9.36 million at Texas auction
The Brasher Doubloon, made by a noted craftsman in New York in 1787, came from the collection of a late businessman, who paid $725,000 for it in 1979.
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Posted inBusiness, Maine, Nation & World
Compliance with speed rules to save rare right whales could be better, report finds
Mariners are adhering to the limits well overall, but compliance remains low in some management areas.
Posted inBusiness, Maine
Maine’s housing market broke records in 2020, with sales and prices through the roof
Despite the pandemic, the year’s home sales outpaced all previous years, and the median price of homes sold rose to a new high of $256,000.
Posted inBusiness, Nation & World, Politics
Yellen’s nomination as treasury secretary advances
The Senate Finance Committee approves her nomination by President Biden, and a floor vote could happen as soon as Monday.
Posted inBusiness, Maine
Lawsuit against owner of Prime Automotive moves forward
A Massachusetts judge is allowing most of a lawsuit filed by former CEO David Rosenberg against the new owners to proceed.
Posted inBusiness, Maine, Morning Sentinel
Oakland, Vassalboro solar projects flip the on switch
Oakland has the option to buy and own its power generating solar array after six years.
Posted inBusiness, Nation & World
Trump returns to a business empire ravaged by pandemic
Revenue plunged more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts over the past year.
Posted inBusiness, Nation & World
Judge says Amazon won’t have to restore Parler web service
A federal judge ruled Thursday against a plea to reinstate the fast-growing social media app favored by followers of former President Donald Trump.
Posted inBusiness, Maine, Morning Sentinel
Kennebec Valley government council receives $670,000 from federal government to boost economy
The Kennebec Valley Council of Governments will use the money to help mend and promote the central Maine economy during and after the COVID-19 pandemic.