AUBURN — Fontaine Family real estate group announces the addition of Aaren James of North Yarmouth to the team at the Auburn location. James grew up in Lyndonville, Vermont, and attended Lyndon Institute. He graduated from Lyndon State College with a degree in radio communications/marketing. After college, James umpired professional baseball, then returned for a […]
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
Skeptical U.S. lawmakers grill TikTok CEO over safety, content
In one of the most dramatic moments of the hearing, Republican Rep. Kat Cammack played a TikTok video showing a shooting gun with a caption that included the House committee.
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Posted inBusiness, Nation / World, News
U.S. sales of new homes rise unexpectedly, showing stabilization
The latest data – which showed last month’s pace was the strongest since August – suggest the housing market may finally be gaining its footing after last year’s rapid rise in mortgage rates.
Posted inBusiness, Maine, News
Planned $82 million upgrades, expansion would improve Maine broadband access
Charter Communications says it will bring high-speed internet connectivity to underserved areas, and is buying Bee Line Cable in Madison.
Posted inBusiness, Nation / World, News
Federal Reserve raises key rate by a quarter-point despite bank turmoil
The Fed says the U.S. banking system is ‘sound and resilient,’ but warns that the financial upheaval stemming from the collapse of 2 major banks is ‘likely to result in tighter credit conditions’ and ‘weigh on economic activity, hiring and inflation.’
Posted inBusiness, The Buzz
Lewiston’s The Cage reopens under new ownership
The new owners are planning a grand opening Saturday, getting back into the rhythm of things with live music by the band Whiskey Dan.
Posted inBusiness, The Buzz
Tractor Supply store coming to Turner
A new Tractor Supply store is planned at 1600 Auburn Road in Turner, once permits are secured with state and local officials. The matter has yet to go before the Planning Board. The description provided by developer Primax Properties of Charlotte, North Carolina, indicates the store would be 21,930 square feet, with a 19,870 square […]
Posted inBusiness, Nation / World, News
Stocks fall, bond yields tumble after Fed’s latest rate hike
Some of the sharpest drops come again from the banking industry, where investors are worried about the possibility of customers yanking their cash to cause more collapses.
Posted inBusiness, Food, Maine, News
With an outpouring of branches, Maine breweries are tapping new markets
Battery Steele Brewing and Brickyard Hollow Brewing Co. are the latest beer makers to add new restaurants or taprooms.
Posted inBusiness, Noteworthy
Future health care workers learn about career paths at Central Maine Medical Center job fair
LEWISTON — Central Maine Healthcare teamed up with Lewiston Regional Technical Center earlier this month to host a health care job fair at Central Maine Medical Center. For two days, Central Maine Healthcare experts staffed booths and spoke with more than 100 high school and adult education students. Team members shared their career experiences and […]