The Kremlin is retaliating against a price cap imposed on its oil by the West. Oil prices edged up as a result.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Lewiston-Auburn, The Buzz
Lewiston 7-Eleven gets its gas pumps back
An equipment malfunction in the older pumps ended gas sales in March 2022.
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Posted inBusiness
Liquor before beer: Spirits beat brews in new market data
The rise to the top for spirit-makers was fueled in part by the resurgent cocktail culture – including the growing popularity of ready-to-drink concoctions.
Posted inBusiness
U.S. jobless claims pick up for the first time in six weeks
Still, they remain historically low.
Posted inBusiness, Lewiston-Auburn
Good Shepherd Food Bank president stepping down
After more than 10 years on the job, Kristen Miale made a ‘lasting Impact on the food insecurity landscape in Maine.’
Posted inBusiness, Maine
The Solon Hotel to reopen Friday after renovations to nearly 130-year-old landmark
The chair of the Solon Board of Selectmen said Thursday the hotel, which will include a full-service restaurant, bar and function hall, has long been a beloved meeting place in town and should be an economic boon.
Posted inBusiness, Lewiston-Auburn, The Buzz
New owners plan to reopen The Cage after reading about the Lewiston bar’s closing
After a previous story paid tribute to the countless memories connected to the Lewiston bar, the owner got several offers to take it over.
Posted inAndroscoggin County, Business, Lewiston-Auburn, The Buzz
Springworks Farm raises $22 million for next expansion
The Cage: No longer a final act, but an encore; Main Street 7-Eleven gas pumps return.
Posted inBusiness, Maine, News
PUC opens probe into Electricity Maine’s rate setting
Customers complained that their rates skyrocketed after initial fixed-price contracts with the competitive electricity supplier ended.
Posted inBusiness, Nation / World, National Sports
FanDuel, DraftKings can’t sink the office Super Bowl pool
About 13 million Americans plan to take part in casual betting like a workplace ‘boxes’ pool, which can help strengthen bonds between co-workers that got frayed during the pandemic.