Revenues declined every month from March to July, including a 45% decrease in July, the report said.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Lewiston-Auburn, Maine
Controversial power project gets final permit, but CMP may have to wait for construction to start
A federal appeals court called a halt to some work pending further review of a legal case brought by foes of the hydropower transmission line through western Maine.
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Posted inBusiness, Maine
Christopher & Banks closing 5 Maine stores, including Augusta
The company cited financial distress from the ongoing pandemic.
Posted inBusiness, Maine
Augusta wedding show on for Sunday, but with big changes
Pandemic rules require that attendance at the Augusta Civic Center be limited to 50 people at a time, including vendors.
Posted inBusiness, Maine
Brunswick aerospace company to launch its first rocket
bluShift, located at the former Navy base, plans to launch its first rocket fueled by a first-of-its-kind biofuel in Limestone Friday.
Posted inBusiness
U.K. fishers cry foul as Brexit red tape leaves catch rotting
Britain’s exit from the EU single market means new costs and red tape for exporters.
Posted inBusiness, Maine
Patrick Dempsey in new ad for Poland Spring
Known for his role in ABC’s ‘Grey’s Anatomy’ and for helping to raise millions of dollars for cancer patients and their families, the Maine-born actor will star in a campaign for the new Poland Spring Origin water.
Posted inBusiness, Nation & World
What Democratic control in Washington means for apartment renters
Proposals include an immediate extension of the eviction moratorium for those affected by the pandemic, and longer-term policy changes meant to empower renters and keep their housing situations stable.
Posted inBusiness, Maine
Maine jobless claims remain high as state implements new employer tax
More than 4,000 Mainers filed new claims last week, while a 0.13% payroll tax was implemented to help fund the unemployment compensation office.
Posted inBusiness, Nation & World, News
U.S. unemployment claims jump to 965,000 as virus takes toll
The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck.