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Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Lewiston-Auburn, News
DaVinci’s restaurant in Lewiston closes abruptly
The popular restaurant closed Saturday, stating it was due to ‘unforeseen circumstances.’ No timeline for reopening has been established, but a sign on the door says it is temporary.
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Posted inBusiness, Noteworthy
Lewiston food, beverage company offers stock ownership to employees
LEWISTON — Casco Bay Food and Beverage has transitioned its family-owned business into shares held under an Employee Stock Ownership Plan, resulting in a 100% employee-owned company. Ted Morton, the company’s founder, approved the decision just before the new year, citing his commitment to the employees, customers and communities that this business has come to […]
Posted inBusiness
A natural gas plant guarding the Northeast from winter blackouts is at risk
Some people are feeling nervous about the scheduled closing of a Boston-area plant that’s been New England’s lifeline when heating demand spikes.
Posted inBusiness, Nation / World, News
United Airlines finds loose bolts on Boeing jets grounded since Alaska blowout
On Monday, the Federal Aviation Administration approved guidelines for inspecting the door plugs on other Max 9 jets and repairing them, if necessary.
Posted inBusiness, Noteworthy
Lewiston company recognized for sustainability
LEWISTON — Geiger, a family-owned promotional products distributor, has celebrated a double win in sustainability, with its U.S. and U.K. operations receiving EcoVadis recognitions in 2023. Geiger’s global headquarters in the U.S. achieved a Gold rating for the first time, placing it among the top 5% of companies assessed globally. In June 2023, Geiger’s UK […]
Posted inBusiness, Maine, New England
Massachusetts natural gas plant guarding Northeast from winter blackouts is at risk
The pending closure of a facility in Everett, Mass., could jeopardize the region’s power system in extreme weather, regulators say.
Posted inBusiness, Maine
Maine’s first giant battery project set for construction in Gorham
Goals to reduce the use of fossil fuels won’t be able to get far without help from energy storage.
Posted inBusiness, Maine
Flooding’s on the rise in Maine, but just 1% of homeowners have insurance
Few Mainers have a policy that covers the kind of severe flooding seen in the Dec. 18 storm. As climate change brings more extreme weather events to the state, the impacts could be costly.
Posted inBusiness, Maine
With first big winter storm arriving at last, southern Maine braces for a foot of snow – or more
Many Mainers spent the day stocking up on last-minute supplies and putting on snow tires before the expected arrival of a snowstorm.