Only 8% of used cars for sale in Maine are priced under $20,000 – a trend rooted in the pandemic.
Business
Local, state and national business news from the Sun Journal.
Posted inAndroscoggin County, Business
Poland Provisions looks to be part of the community fabric, not just a business
Cafe and general store have been in the works for years, and will offer Maine products, fresh-baked goods and a community gathering spot.
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Posted inBusiness, Lewiston-Auburn, News
Auburn officials believe city will exceed 2,000-unit housing goal by 2025
However, the city’s growth has not come without controversy.
Posted inBusiness, Maine, News
Maine Journalism Foundation plans to dissolve following sale of Masthead Maine papers
The foundation plans to transfer $171,000 in remaining donations to the Maine Trust for Local News.
Posted inBusiness, Nation / World, News
FEMA has paid out more than $5.6 million to Maui survivors, a figure expected to grow significantly
Longer-term aid that could amount to thousands or tens of thousands of dollars will likely come with documentation requirements.
Posted inBusiness, Maine
Maine’s jobless rate sits at record low for fourth month
The question is now whether that low streak will stay steady.
Posted inBusiness, Maine, News
Maker of Maine’s electric buses files for bankruptcy
Proterra said it will maintain normal business operations as it navigates a reorganization, but local transit services say they can pivot if that doesn’t pan out.
Posted inBusiness, Noteworthy
New Ventures Maine to hold free classes in September
AUGUSTA — New Ventures Maine is set to offer free online and in-person workshops and classes statewide in September in areas of business, financial education and career. Workshops and classes are designed to help people gain the skills, knowledge and confidence to start a business, build a career and manage money. The full class schedule […]
Posted inBusiness, Maine
What has the Inflation Reduction Act done for Maine’s climate so far?
The biggest benefits provided to Mainers by the landmark law so far are the federal electric vehicle and heat pump tax credits that became available in January.
Posted inBusiness, The Bethel Citizen
Howe Family Farm to give up some animals due to high feed costs
Andrea and Alyssa are the fourth generation of Howe family farmers and are committed to continue working and raising animals at their ancestral homestead despite hay shortages and rising feed costs.