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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Maine launching seafood brand to reel in pandemic-stranded home cooks
With restaurant business in short supply, Maine is using $1 million of its federal COVID-19 seafood relief funds to promote the ‘Maine Knows Seafood’ program.
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Posted inBusiness, Maine
Hundreds of Maine fishermen to get coronavirus aid by Jan. 1
The aid was made available for commercial fishermen, aquaculturists, fishing charter operators and seafood dealers and processors who suffered losses because of the pandemic.
Posted inBusiness, Maine
Maine organic farm no one has heard of got a $1.2 million federal relief loan
Records show that Bridgton-based Common Ground Organic Farm LLC received the loan through the Paycheck Protection Program, even though no such company is registered in Maine.
Posted inBusiness, Food & Dining, Maine
It’s Miller Time at Sanford man’s 96th birthday
The company presented Ben Simpson with his favorite beer – 96-calorie Miller Lite – in cake form.
Posted inBusiness
Wealthy Americans on homebuying binge
In October, applications for mortgages larger than $766,000 jumped 59 percent.
Posted inBusiness, Nation & World
Families of shooting victims sue sellers of ‘ghost guns’
Two cases were brought by Brady United, the national nonprofit that advocates against gun violence, which said Monday that the suits are the first of their kind in the nation.
Posted inBusiness, Nation & World
Wall Street worried about revival of Consumer Financial Protection Bureau under Biden
Since Trump’s appointees took over the CFPB in late 2017, it has imposed just a single fine on one of the nation’s six largest banks.
Posted inBusiness, Nation & World
Another judge blocks Trump’s TikTok ban; app still in limbo
It is the latest legal defeat for the administration as it tries to wrest the popular app from its Chinese owners.
Posted inBusiness, Maine, Maine Cannabis Report
Marijuana has grown to become Maine’s most valuable crop
Sales of medical marijuana alone totaled nearly $222 million through October, making cannabis the state’s most valuable agricultural commodity.