Losses in the financial, industrial and health care sectors account for much of the decline.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
UAW agrees to monitor, voting changes after corruption probe
The deal forestalls a possible federal takeover of the union due to the investigation into bribery and embezzlement that has lasted more than five years.
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Posted inBusiness, Maine
‘Green bank’ envisioned to help fund a clean-energy transition in Maine
Green banks leverage public funds to attract private investment and are used to raise money to combat the effects of climate change.
Posted inBusiness, Maine, News
Portland radio personality files employment discrimination complaints
Randi Kirshbaum alleges she was fired because of her age, a pre-existing medical condition, and her employer’s refusal to make an accommodation for her to work from home during the pandemic.
Posted inBusiness, Maine
Pandemic leads to log home sales boom in Maine
Log homes have always exuded a rustic charm, and they’re looking increasingly attractive as a place to ride out the current situation.
Posted inBusiness, Maine
Maine restaurant co-owner donates kidney to help longtime customer
Due to incompatibility, Amanda Ouellette’s kidney was flown to Colorado for transplant, allowing a kidney from there to be shipped the same day and transplanted into Jane Brown of Otisfield.
Posted inBusiness, Maine, Morning Sentinel
The Ice Cream Shoppe expanding into Oakland
Located at 902 Kennedy Memorial Drive, near Waterville County Club, the shop will add to the Gardner family’s other locations in Farmington, Randolph and Skowhegan. It is expected to open in May 2021.
Posted inBusiness, News
Central Maine business briefs: Franklin Savings Bank receives SBA District Director Award
People & Places: Hannaford expands Fuel Kids at School pantry initiative to Maine’s community colleges.
Posted inBusiness, Kennebec Journal, Maine
Maine Christmas tree farms seeing record numbers of sales amid pandemic holiday season
Many Christmas Tree farms across the state have had to close early as trees sell out early, with farm owners theorizing that and more families than usual are looking to get out of the house together.
Posted inBusiness, Nation & World
EU leaders agree to reduce emissions 55% by end of decade
The 27 member states approve a proposal to toughen the bloc’s intermediate target on the way to climate neutrality by mid-century.