Customers face a jolt in electricity supply costs, raising questions of whether Maine’s policy of updating supply rates annually exposes them to greater volatility.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World, News
Apple will start selling parts you need to fix your iPhone, certain Mac computers
Replacing iPhone screens and swapping batteries can be easier than most people expect, but the process still isn’t always simple.
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Posted inBusiness, Lewiston-Auburn, The Buzz
Two new marijuana cultivation buildings for Auburn: $1 million and $1.5 million projects
Both projects are being constructed by B & M Developers.
Posted inBusiness, Coastal Journal, Maine, News
Market Basket grocery store may be coming to Topsham
The store would be the third Market Basket in Maine, following locations in Biddeford and Westbrook.
Posted inBusiness, Maine, News
Federal appeals court reinstates lobstering closure in Gulf of Maine
A federal judge’s ruling in a lawsuit brought by the Maine Lobstering Union and other industry businesses had temporarily halted the closure.
Posted inBusiness, Maine, News
Bath Iron Works starts building latest Arleigh Burke destroyer for Navy
The cutting of steel at the shipyard’s Brunswick fabrication facility Tuesday marked the start of construction on the USS Quentin Walsh.
Posted inBusiness, Maine
Company finalizing financial package to launch manufacturing operation at former Madison mill
Belfast-based GO Lab Inc. a building products manufacturer and closed on the former Madison Paper Industries mill in 2019 in a $1.9 million deal.
Posted inBusiness, Lewiston-Auburn
48 luxury apartments announced for complex near Auburn’s Exit 75
The units expected to be ready for tenants in Spring 2023.
Posted inBusiness, Maine
Lobstermen’s group launches $10 million fundraising push to ‘save’ industry jobs
The Maine Lobstermen’s Association says it needs money to fight new federal restrictions intended to help protect endangered North Atlantic right whales.
Posted inBusiness, Nation / World
Coming off climate talks, U.S. to hold huge crude sale in Gulf
President Biden campaigned on vows to end drilling on public land and waters, but the leases mean production could go past 2030, when scientists say the world needs to cut greenhouse gas emissions to avoid a climate catastrophe.