The median price of Maine homes sold in September was $273,500 – an increase of 19.6% from the same month a year earlier.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
HospitalityMaine CEO to leave trade group
Steve Hewins will step down as the organization’s leader at the end of the year.
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Posted inBusiness, Maine
Unemployment claims dip in Maine, but widespread layoffs continue
Seven months into the coronavirus pandemic, hundreds of Mainers are still filing new jobless claims each week.
Posted inBusiness, Nation & World, News
U.S. jobless claims drop to 787,000
But the unemployment rate remains high at 7.9 percent.
Posted inBusiness, Maine
Fuel oil prices flirt with 16-year low in Maine as the heating season approaches
The average, statewide cash price for heating oil earlier this week was $1.89 a gallon, down 31% from January.
Posted inBusiness, Nation & World
If Google’s a monopoly, who is harmed by its market power?
The company controls about 90 percent of global web searches and dominates search-based advertising.
Posted inBusiness, Maine, Morning Sentinel
Neighbors submit petition opposing Dunkin’ move in downtown Unity
Kristin Mozes submitted the petition with 60 signatures at Unity Board of Selectmen meeting Tuesday night, saying residents did not have enough notice and details about the proposal.
Posted inBusiness, Nation & World, News
Virus spikes have officials looking to shore up hospitals
Several states set records for the number of people hospitalized and leaders are scrambling to find extra beds and staff.
Posted inBusiness, Nation & World, Schools and Education
Judge slams DeVos for rejecting 94% of student loan relief claims
A federal judge threatens to suspend the agency from rejecting further requests, saying its approach ‘hangs borrowers out to dry.’
Posted inBusiness, Nation & World, News
CMP parent Iberdrola pushes global growth with $4.3 billion U.S. deal
The purchase would be Iberdrola’s eighth acquisition since the start of the coronavirus pandemic.