AUGUSTA — New Ventures Maine is set to offer 20 free workshops and classes statewide in May in three program areas: small business, career building and financial education. Workshops and classes are designed to help people in Maine gain the skills, knowledge, and confidence to build a career, start a business, and manage money. The full […]
Business
Local, state and national business news from the Sun Journal.
Federal Reserve says interest rates will stay at 20-year high until inflation further cools
The Fed chair stressed, as he has before, that the central bank’s decision on when to cut rates will depend on the latest economic data.
New Russia sanctions target weapons development and countries assisting in sanctions evasion
Russian President Vladimir Putin has repeatedly railed against several rounds of U.S. and Western sanctions, claiming last year that they are ‘illegitimate sanctions’ on his country.
Auburn law firm closing after 93 years
A law firm that was founded in Auburn in 1931 will close May 31 after 93 years practicing law in Maine. The three remaining partners at Linnell, Choate and Webber — John S. Oxman, Richard J. O’Brien and John W. Conway — are all retiring. The firm was founded by Frank W. Linnell in 1931 […]
House Speaker fracas threatens several business-related bills
Senate Republican leader Mitch McConnell also is signaling he will continue to oppose the marijuana banking bill. McConnell has previously helped block the bill.
Senate passes Russian uranium import ban, sending to Biden
Russia provided almost a quarter of the enriched uranium used to fuel America’s fleet of more than 90 commercial reactors, making it the No. 1 foreign supplier.
Musk undercuts Tesla chargers Biden had lauded as ‘a big deal’
Tax credits aimed at cultivating a domestic EV and battery manufacturing industry were a key element of Biden’s signature climate bill.
Utah cat with fondness for cardboard takes surprise trip to California in an Amazon box
Since word got out, owner Carrie Clark has been sharing her cat’s story, with advice to microchip your pets and to double-check your Amazon boxes before returning them.
What marijuana reclassification means for the United States
Attorney General Merrick Garland recommends loosening restrictions on marijuana, a historic shift in federal drug policy.
Mason’s Brewing Company suspends plans to build brewery in Auburn
Mason’s new brewery initially was projected to be completed and ready to open by last summer.