OTIS Federal Credit Union has donated $10,000 to Spruce Mountain Ski Area, located in Jay. This donation brings Spruce Mountain closer to its goal of raising $25,000 to have Maine Cabin Masters renovate the ski lodge (“The Barn”). The work will include replacing doors and windows, updating the kitchen area, and converting the second floor […]
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Lewiston-Auburn, The Buzz
House of Modesty opens up in Auburn Mall
The Buzz: Two new stores are doing business in the Auburn Mall, and restaurants are on the move in Lewiston.
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Posted inBusiness, Nation / World, News
Nissan is developing ‘cool paint’ for cars to keep drivers comfortable
The company says the paint lowered the cars’ roof-panel temperature by 22 degrees Fahrenheit and the interiors by 9 degrees.
Posted inBusiness, Nation / World, News
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
About a year after Musk bought the company, a number of advertisers began fleeing over concerns about ads showing up next to pro-Nazi content and hate speech on the site.
Posted inBusiness, Nation / World, News
Calm returns to Wall Street as stocks bounce back from worst drop in nearly 2 years
Stronger-than-expected profit reports from several big U.S. companies helped drive the market after Japan’s Nikkei index soared earlier.
Posted inBusiness, Maine, News
Repurposed Lincoln mill could become world’s largest long-duration energy storage system
The 85-megawatt system could hold enough wind- and solar-generated power to serve between 64,000 and 85,000 homes.
Posted inBusiness, Maine
South Portland surfing startup cuts back on waste by turning fishing nets into boards
Blueprint Surf Co. is engineering 3D-printed surfboards meant to last longer than traditional foam and fiberglass ones.
Posted inBusiness, Maine, News
Failure of wind turbine blade off Cape Cod raises questions for Maine officials
The governor’s office and developer of the wind energy research array in the Gulf of Maine say they’ll follow federal regulators’ direction to address safety and environmental issues.
Posted inBusiness, Lewiston-Auburn, News
New commuter bus between Lewiston, Auburn, Portland gets mixed reviews so far
The LAP service started its two-year pilot run July 22. In the short time since the route began, some passengers have questions about its reliability.
Posted inBusiness, Health, Maine, News
Maine Bureau of Insurance warns about ‘self-funded’ health plans
Many plans being marketed to consumers in Maine have coverage limits and are not comprehensive medical insurance, the state says.