The New England environmental group’s stance on the controversial Pine Tree Power ballot initiative differs from that of 2 other well-known conservation groups.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Baristas at Coffee by Design plan to form a union
Tuesday’s announcement would affect staff at the Maine-based company’s three coffeehouses in Portland.
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Posted inBusiness, Maine
Maine to receive $30,000 from mortgage processing snafu
ACI Payments mistakenly withdrew billons of dollars from mortgage holders during a software test.
Posted inBusiness, Noteworthy
Central Maine Community College to host nonprofit career fair Oct. 19
AUBURN — The Business Department at Central Maine Community College is set to host a Nonprofit Career Fair from 9 a.m. to noon Thursday. The event will be held in the gymnasium in Kirk Hall at the Auburn campus, 1250 Turner St. Representatives from over 35 organizations will be present. Types of organizations include local […]
Posted inBusiness, Nation / World, News
U.S. economic data keep coming in stronger and defying forecasts
Robust consumer demand, in the aftermath of September data showing stubborn inflation and surging job growth, risks prompting the Federal Reserve to raise interest rates again.
Posted inBusiness, Nation / World, New England
Reese’s $25,000 promotion may violate sweepstakes laws
‘As with all of our promotions, we place great care and diligence to ensure they are compliant with all regulations,’ Hershey Co., that Pennsylvania candymaker that owns the Reese’s brand, said in a statement.
Posted inBusiness, Nation / World
Wall Street rises, and oil and gold fall as some of last week’s moves unwind
U.S. stocks rallied as some of last week’s moves driven by worries about war in the Middle East unwound.
Posted inBusiness, Maine, News
Canadian company makes 2nd bid for zinc mine near Katahdin
Wolfden Chase Mtn. LLC says that Pickett Mountain has the country’s largest undeveloped reserves of a type of ore that contains high-grade zinc and smaller but still commercially valuable amounts of copper, lead, silver and gold.
Posted inBusiness, Nation / World, News
Republican states raise fees on electric cars as gas taxes fall
Some Republicans say that the trend toward EVs has led to declining gas tax revenue, which they’ve aimed to reverse with EV fees and taxes that are sometimes double the amount paid by owners of gas-powered cars.
Posted inBusiness, Nation / World
Rite Aid seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses
Rite Aid Corp. said in its federal bankruptcy filing that it runs more than 2,000 stores.