It’s been years in the making, with the aim to to reduce the need for imports.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Uncategorized
The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says
The anti-poverty organization Oxfam International says the fortunes of the five richest men have spiked by 114% in real terms since 2020, when the world was reeling from the pandemic.
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Posted inBusiness, Uncategorized
More CEOs fear their companies won’t survive 10 years as AI and climate challenges grow, survey says
A survey of more than 4,700 CEOs worldwide was released Monday as business elites, political leaders and activists descended on the World Economic Forum’s annual meeting in Davos, Switzerland, and it showed a mixed picture of the coming years.
Posted inBusiness, Lewiston-Auburn
DaVinci’s Eatery in Lewiston to reopen Monday for lunch service
The popular Italian restaurant at 150 Mill St. is scheduled to reopen nine days after closing its doors following a formal complaint to the state about a cockroach in the kitchen.
Posted inBusiness, Maine, News
With increased demand for home contractors in Maine, is the time right for licensing requirements?
Maine is one of just 15 states that does not require general contractors to be licensed. A bill in the Legislature seeks to change that, although past attempts have been unsuccessful.
Posted inBusiness, Maine, News
New owners of Brick House Kitchen in Skowhegan off to a fresh start
The lunch spot recently reopened under two new, local owners, who have plans for an updated menu and weekend brunch.
Posted inBusiness, Maine, News
Warmer, wetter winters are hurting Maine businesses that count on snow and ice
Snowfall has been scant throughout much of the state so far this season. While some hold out hope that will change, others recognize winters of the past might never come back.
Posted inBusiness, Health, News
Federal health officials recommend U.S. ease marijuana restrictions
In recommending marijuana be reclassified to a Schedule III drug, the Department of Health and Human Services acknowledges its medical use for the first time.
Posted inBusiness, Nation / World
Creators, porn stars turn to AI doppelgängers to keep fans entertained
The latest wave of AI is being built to emulate specific people, adopting their faces and speech patterns to advertise uncanny simulations the promoters say are always available and can never die.
Posted inBusiness, Nation / World, News
Credit card delinquency rates climb to decade high in Fed study
Almost 3.2% of card balances were at least 30 days past due as of the end of September, the Philadelphia Fed said.