Senior Biden aides are rummaging through the nation’s books, looking for new ways to conserve cash while Washington struggles to raise the debt ceiling.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Noteworthy
Community Concepts receives $150,000 housing grant from TD Charitable Foundation
LEWISTON — Community Concepts Inc., a Community Action Agency serving families and individuals in western Maine, was recently awarded a $150,000 Housing for Everyone grant from the TD Charitable Foundation. The charitable giving arm of TD Bank is an initiative that has helped support organizations focused on providing affordable housing and affordable housing services. The […]
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Posted inBusiness, Nation / World, News, Schools & Education
Using ‘he/him,’ ‘she/her’ in emails got 2 dorm directors fired at small New York Christian college
The firing of 2 employees at a religious school in western New York is fanning the culture wars roiling parts of the United States
Posted inBusiness, Nation / World, News, Politics
What it would mean for the global economy if the U.S. defaults on its debt
A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.
Posted inBusiness, News, Oxford Hills
Norway to consider zoning changes to Crooked River, local lakes
Town officials will have to hold a special town meeting to consider either a zoning change or a moratorium.
Posted inNoteworthy
Art teacher opening studio in Poland
POLAND — Susan Bevil, founder of Little Artists, is opening Little Artists Art Studio in Poland for children’s summer art classes. Bevil is an art educator and mixed media artist who has spent most of her career in New York and recently moved to Poland. She is a graduate of the Fashion Institute of Technology […]
Posted inBusiness, Nation / World, News, Politics
No agreement yet on debt ceiling, but Biden, McCarthy say they’re optimistic after meeting
The contours of an agreement appear within reach, and the negotiations have narrowed on a 2024 budget year cap that would be key to resolving the standoff.
Posted inBusiness, Maine, News
Versant Power rate deal would hike bills $5 a month for home customers
The settlement agreement, which must be approved by the Public Utilities Commission, would increase the monthly bill for the typical residential customer by 4%.
Posted inBusiness, Nation / World, News
EU slaps Meta with record $1.3 billion fine for data privacy violations
A European Union body ruled that Meta’s transfers of European Facebook users’ data violated the bloc’s privacy rules. Meta says it will appeal the decision.
Posted inBusiness, Noteworthy
Cathy Brezinski promoted to senior creative resources manager at Rinck Advertising
LEWISTON — Rinck Advertising has announced the promotion of Cathy Brezinski to senior creative resources manager. She manages schedules, production, and on-time delivery of work for all creative, content and digital teams, and coordinates the movement of jobs through all agency departments. Since first joining Rinck in 2015, Brezinski has served as the senior traffic […]