Most of the monthly increase in consumer prices reflected an increase in rents and housing costs, a trend that Fed officials expect to fade in the coming months.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Federal money fuels Maine’s clean energy and climate goals. Could Trump pull the plug?
The state receives millions of dollars for projects promoting electrification and offshore wind that President-elect Donald Trump dismisses, instead favoring drilling for oil and natural gas.
advertisement
Posted inBusiness, Food, Maine
Lone Pine Brewing merging with Massachusetts brewery Lord Hobo
The companies will continue to operate their respective production facilities and taprooms.
Posted inBusiness, Maine, News
CMP costs for ‘service agreements’ with other utilities under scrutiny
Tens of millions of dollars could be at stake for customers as the state Public Advocate looks into expenses split among 7 Avangrid subsidiaries.
Posted inBusiness, Nation / World, Politics
Trump eyes pro-crypto candidates for key federal financial agencies
The incoming administration has explored new personnel and policy that can deliver on Trump’s campaign promise to turn the U.S. into the ‘crypto capital of the planet.’
Posted inBusiness, Maine, News
Uncle Henry’s may stop print publication due to printer closing
The iconic Maine classified ads magazine says that it might stop publishing its print product if it can’t find another printer.
Posted inBusiness, Noteworthy
East Wilton’s Western Maine Community Action names new CEO
EAST WILTON — Western Maine Community Action has appointed Noelle Coyne, director of family and health services, as its chief executive officer. “We are excited to see WMCA continue to grow and thrive in the months ahead under Coyne’s leadership,” Janice Daku, WMCA board president, said in a news release. “Noelle’s passion for WMCA’s mission […]
Posted inBusiness
U.S. regulators investigating whether engines on 1.4 million Hondas might fail
Honda recalled about 250,000 vehicles in November of 2023 to fix the same problem.
Posted inBusiness, Franklin, The Franklin Journal
Photo: Marshalls to open Thursday in Farmington
The retail store will be open from 8 a.m. to 10 p.m. at 123 Hannaford Drive.
Posted inBusiness
Trump has vowed to kill U.S. offshore wind projects. Will he succeed?
In campaign appearances, Trump railed against offshore wind and promised to sign an executive order to block such projects.