Millions of Americans are expected to have scaled-down celebrations amid the pandemic.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Consumer spending rose a moderate 1.4% in September
The slight increase reflects an economy weakened by the virus and by the failure of Congress to provide another stimulus package to struggling individuals and businesses.
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Posted inBusiness
Despite uncertainty and prolonged pandemic, Maine’s economy can recover
A seminar organized by the state’s Small Business Development Centers offers hope for navigating through the health and economic crises.
Posted inBusiness, News
October 2020: Layoffs loom as Rumford mill expands into packaging grades
Up to 122 jobs could be slashed permanently, Union Local 900 president says.
Posted inBusiness, Food & Dining, Maine, News
Flood’s restaurant will not reopen, clears out of Congress Street location
Chef/owner Greg Mitchell announced in August that the restaurant at 747 Congress St. was closing, but had left open hope that it might return in a different form.
Posted inBusiness, Maine, News
Maine company that took orders for pandemic supplies faces federal lawsuit
Noble Partners is accused of keeping deposits after failing to fulfill orders for medical supplies.
Posted inBusiness, Maine, Morning Sentinel
Waterville officials, business owner seek solutions to Silver Street problems
Business owner John Fortier is asking Waterville officials to find alternatives to closing part of Silver Street downtown from April 1 to Nov. 1, 2021, to allow for outdoor dining and to solve problems with unsavory activities occurring in an alleyway next to his business.
Posted inBusiness, Nation & World
Wall Street ends higher after shaking off a wobbly start
Traders welcomed encouraging data on the pace of layoffs and how powerfully the economy rebounded during the summer from its coronavirus-induced coma.
Posted inBusiness, Maine, News, Uncategorized
Idexx posts strong revenue and income growth
The company says a strong rebound in pet health care spending drove much of the third quarter growth.
Posted inBusiness, Maine, News
Wex reports drop in revenue and income
The pandemic continues to constrain growth for the Portland-based company.