The retrofit of three Zumwalt-class destroyers will likely cost over $1 billion.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
For many Maine workplaces, the new buzzword is ‘hybrid’
Companies are eager to have their employees back in the office, but HR experts caution that worker choice should be given equal weight.
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Posted inBusiness, Maine
Dozens weigh in on Maine utility report card proposal in marathon hearing
A legislative committee hearing on the proposal for greater scrutiny of the state’s major electric utilities led to hours of public comment, both for and against.
Posted inBusiness, Lewiston-Auburn, News
Auburn council to take up residential zoning amendment that would increase density
The amendment would significantly increase the allowed housing density in the city’s core residential areas.
Posted inBusiness, Nation / World
Burger King says Russian operator ‘refused’ to close hundreds of restaurants
Its experience illustrates the difficulty many corporations face when trying to extricate themselves from decades-old investments.
Posted inBusiness, Maine
Maine home sales fell sharply in February while prices jumped 21%
Sales statewide fell to 878 units last month from 1,062 in February 2021, a decrease of more than 17%.
Posted inBusiness, Nation / World, News
February home sales fall nationwide amid higher mortgage rates, prices
Sales declined 2.4% from February 2021 as the median home price jumped 15% from last year at this time to $357,300.
Posted inBusiness, Maine, News
L.L. Bean sales grow 14% during 2nd year of pandemic; workers get 12% cash bonus
Growing interest in the outdoors during the pandemic continues boost the Freeport-based retailer’s sales.
Posted inBusiness, Nation / World, News
Airline passenger traffic dropped during the pandemic. The TSA seized more guns than ever.
In 2021, the Transportation Security Administration caught 5,972 firearms at airport checkpoints, the most ever.
Posted inBusiness, Franklin, News, The Franklin Journal
Organic Valley offers contracts to dairies losing markets
Of the four local organic milk producers informed last summer that Horizon/Danone would no longer take their milk, two have signed letters of intent with Organic Valley.