LISBON — Sarah Perkins is Lisbon Community Federal Credit Union’s new president/CEO, effective July 1. She will succeed George Roy, who will retire at the end of June. Perkins resides in Gorham and has spent 15 years with Portland-based TruChoice Federal Credit Union, most recently as executive vice president and COO. In her career, she […]
Business
Local, state and national business news from the Sun Journal.
Spike in road fatalities prompts Maine officials to urge driver safety
So far this year, 42 people have died on Maine roads, an increase over 29 deaths at this time in 2023, but the numbers have seesawed up and down since 2020.
Bob Brainerd named Auburn Citizen of the Year
When Brainerd walked through the doors of the Auburn Senior Community Center, he was promptly ambushed by a throng of his admirers.
FTX customers are set to recover all funds lost, plus interest
Bankruptcy lawyers say they have collected $14.5 billion to $16.3 billion and are ready to distribute it to defrauded customers.
Carmakers flag difficult year on costs, muted EV demand
Persistent inflation, muted economic growth in much of Europe and a protracted recovery in China – where excessive EV discounting is hurting manufacturers – are adding to the industry’s headaches.
U.S. revokes Intel, Qualcomm licenses to sell chips to Huawei
The decision will affect sales of chips for use in Huawei phones and laptops, according to the people, who discussed the move on condition of anonymity.
Cocoa’s dizzying volatility is spilling into the coffee market
Just like cocoa, the coffee market is facing severe shortages. Many major traders deal in both commodities, so soaring cocoa prices are squeezing those market players for cash and forcing them out of coffee trading.
Subsidized heat pump installation is driving growth of clean energy jobs in Maine
Maine’s ‘clean energy economy’ accounted for 15,000 jobs at the end of 2022, posting stronger growth than the economy generally, according to a study commissioned by the Governor’s Energy Office.
Three chosen for Top Gun entrepreneurial competition in Lewiston
Regional winners will compete in the final round in Portland with a chance to win $25,000.
How to spot AI-generated deepfake images
These fake images might seem harmless. But they can be used to carry out scams and identity theft or propaganda and election manipulation.