There are over 200 units in Maine rented by about 45% of residents.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Fish exchange’s future murky as sales plummet
The Portland seafood auction operation has suffered a sharp decline in the catch that is offered for sale daily.
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Posted inBusiness, Health, Nation / World
J&J to end sales of baby powder with talc globally next year
The company has faced litigation alleging its talcum powder caused users to develop ovarian cancer or mesothelioma, a cancer that strikes the lungs and other organs.
Posted inAndroscoggin County, Business
Three solar energy companies challenge Mechanic Falls’ ordinance on annual inspections
The Town Council’s attorney advises it has legal authority for yearly checks.
Posted inBusiness, Maine
Lockwood Hotel, the first hotel to open in downtown Waterville in more than a century, prepares for launch
The $26 million hotel built by Colby College has been housing students for the last two years because of the pandemic, but is now ready to receive guests.
Posted inBusiness, Maine, Nation / World
Former presidential yacht to be restored at Maine boatyard
Behind the scenes, workers have created a three-dimensional model of the Sequoia because the original design plans couldn’t be found.
Posted inBusiness, Nation / World, News
Congress approves Democrats’ climate, health bill, a Biden triumph
The bill’s pillar is about $375 billion over 10 years to encourage industry and consumers to shift from carbon-emitting to cleaner forms of energy, hailed by experts as Congress’ biggest climate investment ever.
Posted inBusiness, Maine
Maine brewers adjust to CO2 shortage but are concerned as problem worsens
Supply-chain issues have further driven up the price of carbon dioxide, which is used in several aspects of brewing.
Posted inBusiness, Maine
Maine’s gas prices fall, but remain higher than national average
There is no clear reason why Maine’s average price is about 40 cents higher than the national average of $3.99, but several industry experts said the Northeast generally has higher gas prices than the rest of the nation.
Posted inBusiness, Maine
State officials to oppose Central Maine Power rate hike
The Governor’s Energy Office filed Thursday for intervenor status to oppose the increase, which would add about $10 a month to an average customer’s bill.