Watch a quick video of workers removing a molybdenum plate from an oven at Elmet Technologies in Lewiston.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
American employers keep hiring briskly even in face of Fed rate hikes
America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation.
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Posted inBusiness, Nation / World, News
Why no Powerball winner? It’s luck and smaller sales
The jackpot could grow to be the largest ever in the U.S. and globally if it continues to be winless after Saturday’s drawing.
Posted inBusiness, Maine
Chipotle broke law when it closed Augusta restaurant where workers were unionizing, complaint alleges
The National Labor Relations Board said in a complaint late Thursday the company should reopen its Augusta location and offer jobs back to former employees who worked there.
Posted inBusiness
U.S. average long-term mortgage rates back under 7%, for now
The rate was 3.09% last year at this time.
Posted inBusiness, Maine
Brunswick coffee shop workers say they were fired for organizing
Two employees at Little Dog by the Met in Brunswick say they were fired this week over their support for trying to form a union.
Posted inBusiness, Lewiston-Auburn, Nation / World
Components made at Lewiston’s Elmet Technologies headed to the moon on Orion capsule
Tungsten alloy products used by NASA in spacecraft heat shield are locally made.
Posted inBusiness, Maine, News
With federal deadline just 6 months away, more Mainers are looking for a Real ID
Starting in May, a standard Maine driver’s license won’t be accepted at airport security gates. The state is bracing for a flood of applications for the new federally compliant identification.
Posted inBusiness, Nation / World, News
Fed unleashes another big interest rate hike but hints at a pullback
It is the central bank’s 6th rate hike this year – a streak that has made mortgages and other consumer and business loans increasingly expensive and heightened the risk of a recession.
