Business Archives - Lewiston Sun Journal

Business, Nation / World, News, Politics

Who is Don Hankey, the LA billionaire who financed Donald Trump’s appeal bond?

by Laurence Darmiento Los Angeles Times (TNS) April 4, 2024April 4, 2024

Hankey’s wealth has its foundation in Westlake Financial Services, one of the top providers of subprime auto loans to borrowers with bad credit.

Business, Nation / World, News

Musk says he’s boosting Tesla pay to stop OpenAI from poaching

by Nick Turner and Craig Trudell Bloomberg April 4, 2024April 4, 2024

An exodus of personnel from Musk’s most valuable company to his newest may exacerbate concerns about conflicts and governance within the billionaire’s empire.

Business, News

Amazon lays off several hundred employees

by Lauren Rosenblatt The Seattle Times (TNS) April 4, 2024April 4, 2024

The job cuts will affect several hundred people from the sales, marketing and global services team for AWS, the company’s cloud computing division.

Business, Nation / World, News

Can kosher food be hip? Manischewitz is betting its rebrand on it.

by Jaclyn Peiser The Washington Post April 4, 2024April 4, 2024

Manischewitz, the 136-year-old Kosher food brand synonymous with Passover, has changed its look in a bid for new customers, especially the culturally curious.

Business, Lewiston-Auburn, The Buzz

Spring snowstorm prompts Lost Valley to reopen for 3 days

by Christopher Wheelock April 4, 2024April 5, 2024

The Buzz: Miller Fitness moves into Auburn Mall replacing Orange Circuit Fitness; Former Pineland Lumber Co. site back up for sale.

Business, Nation / World, News

Boeing pays Alaska Airlines $160 million in compensation for the blowout of a panel during flight

by Associated Press April 4, 2024April 4, 2024

Alaska said in Thursday’s filing that it expects to lose between $1.05 and $1.15 per share for the January-March quarter, with 95 cents per share of the loss related to the accident.

Business, Lewiston-Auburn, Maine

Maine to allow more hoop houses and greenhouses for residents to grow food

by Steve Collins April 4, 2024April 4, 2024

A legal change removes building code provisions that made it hard to erect the structures in urban areas.

Business, Maine, News, Politics

Maine’s targets to reduce emissions may be harder to hit without electric vehicle standards

by Stephen Singer April 4, 2024April 3, 2024

Maine officials looking to reach ambitious carbon-reduction targets are considering a range of sources after regulators rejected electric vehicle sales standards that would play a big role in cutting greenhouse gas emissions.