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Business
Local, state and national business news from the Sun Journal.
Break Coffee Shop in Lewiston to close this week
The Lisbon Street coffee shop opened at the beginning of the pandemic.
Maine tech startups arise from increased interest in great outdoors
Investors, entrepreneurs and outdoor industry professionals take notice of the growing interest in the outdoor activities and the new technology-driven ways people are connecting with it.
Working: Laughs for hire
Nick Gordon and Leonard Kimble have performed at bars, breweries, restaurants, theaters, hotels, event spaces and, once, beside a pool in a backyard.
B&M is leaving Portland, but its holiday light display is here to stay
Lights in the shape of a Christmas tree that have graced the baked beans factory for a generation will endure as it is redeveloped as a high-tech hub.
OTELCO hires 6 new employees for New Gloucester office
NEW GLOUCESTER — OTELCO has hired several new team members for its New Gloucester office. Dagmar Klosenski joins the company as a project manager. She has over 20 years of experience in business development, business change, marketing, testing, training and other areas, including working with Elin, a company that produces electric motors for trains, turbines […]
Buttigieg doles out $241 million to U.S. ports to boost supply chain
But the Transportation Department says the projects receiving grants vary widely in readiness to get off the ground and it could take months before consumers can start to feel the effects from the improvements.
Consumer prices up 5.7% over past year, fastest in 39 years
Consumer spending, which accounts for 70% of U.S. economic activity, rose only slightly in November even as people shifted their holiday shopping to earlier in the season.
Farmington feels impact of nationwide supply-chain issues
Local businesses in downtown Farmington, such as the bookshop, music store, etc. report difficulties and the many workarounds they’ve used to keep shelves stocked amid nationwide supply-chain issues.
U.S. jobless claims unchanged at 205,000 while Maine claims decline
National weekly claims numbers, a proxy for layoffs, have fallen steadily most of the year.