Business Archives - Lewiston Sun Journal

Business, Maine, News

Maine home sales rise for third month, and prices inch closer to record high

by Hannah LaClaire May 22, 2024May 22, 2024

In April, 933 homes were sold in Maine and the median sale price was $382,000, according to data released Wednesday.

Business, Nation / World

Falling EV sales are upending banker climate strategies

by Alastair Marsh Bloomberg May 22, 2024May 22, 2024

A slowdown in EV adoption has potentially huge implications for the energy transition.

Business, Nation / World, News

China sanctions U.S. defense-related companies and executives over Russia, Taiwan

by Associated Press May 22, 2024May 22, 2024

The latest round of sanctions, imposed under China’s Anti-Foreign Sanction Law, will freeze all assets by businesses inside China and deny individuals and their immediate family members visas to enter the country.

Business

UK inflation falls to 2.3%, lowest level since pandemic stifled global economy

by PAN PYLAS Associated Press May 22, 2024May 22, 2024

Though the latest fall in inflation is welcome, it didn’t drop as far as some economists had hoped.

Business

Rudy Giuliani peddles self-named coffee amid legal woes, financial struggles

by Jessica Schladebeck New York Daily News (TNS) May 22, 2024May 22, 2024

The former New York City Mayor, who is currently grappling with bankruptcy and a debt of $148 million, rolled out the ads for his personally branded coffee.

Business

Target reports sales decline as discretionary spending remains tepid

by Jaewon Kang Bloomberg May 22, 2024May 22, 2024

U.S. consumers remain resilient, though the broader environment remains complicated and challenging, executives said.

Business, Maine, News

Buxton company is first in Maine to offer ‘renewable propane’ for home heating

by Stephen Singer May 22, 2024May 21, 2024

Waltz & Sons Propane is looking to establish a market for the alternative fuel – which can be used in all propane applications without modifying appliances – even if it starts as a money-loser.

Business, Noteworthy

Farmington hospital staff receive nursing excellence, care partner awards

May 21, 2024May 21, 2024

FARMINGTON — On May 9, after days of special activities in coordination with National Nurses Week, nursing leaders and peers recognized 12 Franklin Memorial Hospital nursing and direct care professionals. Eight registered nurses, three certified nursing assistants and one certified medical assistant were nominated. They included Andrea Howe, RN; Emily Clemens, RN; Kristen Welch, RN; […]