The electric-car maker’s shares rallied 743 percent last year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
State has cited 65 businesses for violating COVID-19 rules. See where they are
Two of the establishments subsequently were awarded state bailout money for which they should have been ineligible.
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Posted inBusiness, Maine
Maine alcohol sales went flat after boom early in the pandemic
A boost in direct-to-consumer sales tapered off toward the end of the year, and for the first time in more than a decade, production of Maine craft beer dropped.
Posted inBusiness, Lewiston-Auburn
Growing, planting and planning in 2020 for Little Ridge FarmDrop
The new virtual farmers’ market in Lisbon added vendors and customers after it launched in April. Keena Tracy hopes a new marketing grant will expand on that momentum in 2021.
Posted inBusiness
FAME honors three local businesses
AUGUSTA — Showcase Maine, FAME’s annual celebration of its successful partnerships with Maine’s business, lending, governmental and higher education communities, continues virtually for 2020. This year’s award recipients include: Business at Work for Maine Award: Origin. Origin is being honored for helping to return manufacturing to Maine by revitalizing old textile mill equipment and manufacturing […]
Posted inBusiness
Chewy sends pet paintings to keep customers from straying
In the dog-eat-dog world of online shopping, Chewy has an unusual plan to fend off Amazon: turning pets into works of art.
Posted inBusiness, Maine, News
Maine paid leave law goes into effect with new year
The law requires employers with more than 10 workers to offer paid leave that could be used for illness or emergencies.
Posted inBusiness, Nation & World
Quiet New Year gives breathing room after U.K.-EU Brexit split
Britain left the European bloc’s vast single market for people, goods and services at 11 p.m. London time on New Year’s Eve.
Posted inBusiness, Maine, News
Tens of thousands traveled for winter holiday in Maine
Despite bad winter weather and an unrelenting pandemic, thousands of drivers were on the Maine Turnpike last weekend.
Posted inBusiness, Nation & World
Federal checks salvage otherwise dreadful 2020 for U.S. farms
DES MOINES, Iowa — Thanks to the government paying nearly 40 percent of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout 2020 that included the impact […]