It’s getting almost too late to buy early: On Cyber Monday, the prevalence of out-of-stock messages rose 8& compared to a week earlier.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness
Broad rally lifts U.S. stocks after run of volatile trading
Investors continue to monitor the spread of the new coronavirus variant as well as measures that the U.S. and other governments are taking to restrain it.
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Posted inBusiness, Maine
Offshore wind brings ‘gust’ of job growth, energy secretary says
Jennifer Granholm visits Rhode Island, where a building is being constructed for the fabrication and assembly of large, advanced components for turbine foundations.
Posted inBusiness, Maine
Lobstering union petitions U.S. Supreme Court to overturn Gulf of Maine closure
It’s the most recent development in a legal battle between Maine’s lobster industry and conservationists seeking to protect endangered North Atlantic right whales.
Posted inBusiness, Health, Maine
Foundation donating $2.25 million to improve children’s cancer care in Maine
Maine Medical Center said a new pediatric center in Scarborough will be named The Sam L. Cohen Pediatric Infusion Center.
Posted inBusiness, Maine
New England shrimp industry should not restart, experts say
A group of experts is recommending to keep New England’s shrimp fishing industry closed down because of concerns about the health of the population.
Posted inBusiness, Nation / World
Mortgage rates hold steady despite volatility in financial markets and new COVID concerns
The arrival of the first case of the omicron variant of the coronavirus in the United States on Wednesday brought with it new uncertainty about how it will affect the economy.
Posted inBusiness, Nation / World
U.S. unemployment claims rise despite rebounding job market
Companies now complain that they can’t find workers to fill job openings, a near-record 10.4 million in September.
Posted inBusiness, Maine
Canadian publisher buys Maine magazines
Advocate Printing and Publishing, based in Atlantic Canada, is buying Maine Magazine and Maine Home + Design.
Posted inBusiness, Nation / World
FedEx packages found in woods at 2nd Alabama site
Police say there are about 450 victims after hundreds of packages were discovered dumped last month.