In Portland on Thursday, the Bureau of Ocean Energy Management is scheduled to discuss a proposal that could allow wind-power leases on nearly 10 million acres of offshore waters.
Business
Local, state and national business news from the Sun Journal.
Posted inAdvertiser Democrat, Business
Katherine’s Bakery & Cafe expands, all the way up the street
Just four months after opening, Katherine Olinkiewicz’s bakery has outgrown its location.
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Posted inBusiness, Maine, News
Roux Institute ends one of its Portland growth programs for tech startups
The institute, a branch of Northeastern University in Boston, launched the Techstars Accelerator in 2021 to boost the growth of young technology companies.
Posted inBusiness, Nation / World, News
Microsoft lays off 10,000 as job cuts in tech sector continue
Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions.
Posted inBusiness, Nation / World, News
Twitter auctions office equipment, coffee machines as Musk slims company
Twitter and Musk, its outspoken CEO, have not commented publicly on the sale, but the company has been slashing costs and cutting staff numbers as it grapples with its finances.
Posted inBusiness, Nation / World, News
U.S., Chinese officials discuss climate, economy, relationship
Yellen’s first face-to-face meeting with Vice Premier Liu He in Zurich is the highest-ranking contact between the two countries since their presidents agreed to look for areas of potential cooperation.
Posted inBusiness, Nation / World, News
Wholesale inflation in U.S. slowed further in December to 6.2%
Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight monthly slowdown and a hopeful sign that inflation pressures will continue to cool.
Posted inBusiness, Maine, News
Maine’s agriculture harvest grew in size last year, while national production fell
New USDA data also show that 2022 was another strong year for Maine potato production, with 1.81 billion pounds harvested.
Posted inBusiness, Franklin, Livermore Falls Advertiser
Hardy Farm in Farmington works to offset an aging farm population
Henry and Teresa Hardy host farm tours, assists with 4-H programs and participates in Dairy Grazing Apprenticeship to help educate and encourage a future generation of farmers.
Posted inBusiness, Livermore Falls Advertiser
New food truck rolls through Farmington
Ace’s HotSpot is building up momentum in Farmington with an eclectic menu, lively personalities and desire to bring good food to Franklin County.