Home prices usually peak in the summer. As the season heats up, real estate experts worry home ownership could grow farther out of reach for many Mainers.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
The AI hype bubble is deflating. Now comes the hard part.
The tech industry got the world’s attention with AI. Now it’s busy convincing people to pay for it.
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Posted inBusiness, Maine, News
Bill to protect access to working waterfront gets unanimous support from Legislature
The legislation sponsored by Rep. Dan Ankeles, D-Brunswick, was enacted by the Maine Legislature on April 10 and now goes to Gov. Janet Mills’ desk.
Posted inBusiness, Noteworthy
Bates College professor awarded Maine’s Public Humanities Prize
LEWISTON — Myron Beasley, a Bates College professor, is one of two 2024 recipients of the Maine Humanities Council’s Constance H. Carlson Public Humanities Prize. Maya Williams, Portland’s seventh poet laureate, is the other winner. Beasley, associate professor of American Studies and Gender and Sexuality Studies, is being recognized for his innovative leadership in conversations […]
Posted inBusiness, Noteworthy
Lewiston gift shop celebrates 10-year milestone
LEWISTON — The EllieAnna Gift Shop is celebrating its 10-year anniversary at 785 Main St. The celebration runs from Friday to Sunday with various promotions.
Posted inBusiness, Nation / World, Politics
Legislation that could force TikTok ban revived as part of House foreign aid package
If Congress passes the TitkTok legislation, it would be an extraordinary and unusual moment in which both parties unite against one company – something lawmakers are usually reluctant to do.
Posted inBusiness, Food
Booming cold drink sales means more plastic waste. So Starbucks redesigned its cups
The company also adopted strawless lids in 2019, and last year, it said it would accept customer-provided cups for drive-thru and mobile orders in the U.S. and Canada.
Posted inBusiness, Nation / World, News
Baltimore bridge collapse highlights outdated safety standards around the nation
As federal investigators probe what caused the collapse, some experts say the tragedy is shining a light on the need to bring bridge safety requirements into the modern era.
Posted inBusiness, Noteworthy
Lewiston, Wilton nonprofits receive grants
Nonprofit organizations in Lewiston and Wilton are among 44 receiving more than $140,000 in grants through Bangor Savings Bank Foundation’s Community Matters More program. Locally, Community Concepts of Lewiston is receiving $5,000; Literacy Volunteers — Androscoggin of Lewiston, $4,000; Western Maine Play Museum of Wilton, $3,000; and the Greater Androscoggin Human Society of Lewiston, $1,000. […]
Posted inBusiness, Lewiston-Auburn, The Buzz
Freihofer’s Bakery Outlet closure in Lewiston part of wider consolidation
The Buzz: A company spokeswoman said that as the company has increased efficiency, it has less product to offer to the thrift stores.