Observers disagree over whether the data signal an abatement in the housing crisis or if the numbers fail to include ousted tenants who don’t end up in court.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Bath pastry maker clears obstacles for recent immigrants seeking jobs
Gagné Foods provides free transportation and makes adjustments to support the new Mainers who keep gourmet pastries rolling off the production line.
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Posted inBusiness, Maine, News
Freeport antiques dealers forced to leave market following Linda Bean’s death
The Freeport Antiques & Heirlooms Showcase, which features over 40 dealers, will close after Labor Day. The building at 31 Main St. is on the market for $1.9 million.
Posted inBusiness, Maine, News
Clearing the air: Figuring out the costs of owning an electric vehicle
Buying an electric vehicle helps cut greenhouse gas emissions, which is a clear benefit. Calculating the costs is not as easy.
Posted inBusiness, Election 2024, Nation / World
UAW leader says Trump would put labor movement into reverse if he’s elected again
Shawn Fain has become a top nemesis of the Republican presidential nominee, who frequently rails against him at rallies and in speeches.
Posted inBusiness, Nation / World
Justice Department sues TikTok, accusing them of illegally collecting children’s data
The complaint says TikTok also allowed children to create accounts without having to provide their age or obtain parental approval, by using credentials from third-party services.
Posted inBusiness, Nation / World
Weak U.S. hiring slams global markets, with Dow plunging as unemployment climbs
Friday’s report from the Labor Department showed that employers added 35% fewer jobs in July than forecasters had expected – and that unemployment, now up to 4.3%, is the highest since October 2021.
Posted inBusiness
MaineHealth Pediatrics Farmington employee earns award
Award is given to care team members who consistently demonstrate exceptional delivery of customer service.
Posted inBusiness, Nation / World, News
Amazon cracks down on Teamsters’ union efforts, labor leaders detained
Video footage from a protest near an Amazon warehouse in New York shows the New York City Police Department rounding up and handcuffing union leaders.
Posted inBusiness, Nation / World, News
When private equity buys a hospital, assets shrink, new research finds
In buying up U.S. hospitals, private equity firms often say they are providing capital to improve patient care. A new study concludes that the opposite is true.