Worries about debt-engorged Chinese property developers – and the damage they could do to investors worldwide if they default – are rippling across markets.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Sports
World Anti-Doping Agency to reconsider marijuana ban that kept Sha’Carri Richardson out of Olympics
But athletes and supporters who say the ban on cannabis is antiquated won’t see any changes until 2023 at the earliest.
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Posted inBusiness, Nation / World
Illegal marijuana farms take West’s water in ‘blatant theft’
From dusty towns to forests in the West, illegal marijuana growers are taking water in uncontrolled amounts when there often isn’t enough to go around for even licensed users.
Posted inBusiness, Nation / World
Trump CFO’s lawyer says he suspects more indictments on way
A lawyer for Donald Trump’s indicted corporate finance chief told a judge Monday he has “strong reason to believe” more indictments are coming in the ongoing New York investigation.
Posted inBusiness, Maine, New England
Bull Moose workers in New Hampshire unionize
The unanimous vote came at a store in Salem, N.H., that was abruptly closed and then reopened in late spring.
Posted inBusiness, Lewiston-Auburn, News
Housing shortage, high rents vex Lewiston-Auburn market
$1,000-a-month rents are now standard, and officials worry high prices and few options are hindering efforts to fill jobs locally.
Posted inBusiness, Lewiston-Auburn, News
Families sue shuttered Lewiston funeral home over handling of bodies
The bodies of the plaintiffs’ family members were eventually seized by the Maine Office of Chief Medical Examiner after they were found decomposing in an unrefrigerated basement.
Posted inBusiness, Noteworthy
Barrett Made Architecture + Construction opens second office in Rangeley
RANGELEY — Barrett Made Architecture + Construction, headquartered in Portland, has opened a second location in Rangeley strategically located to support the ongoing development at Saddleback Mountain and the surrounding communities. The Rangeley office serves as the center of operations for this Northwestern team and functions as a full-service office, acting independently from Portland. Since […]
Posted inBusiness, Maine, News
Maine’s top court says work on energy corridor may continue during appeal
The supreme court ruled this week that work on the New England Clean Energy Connect line may go on as it considers an appeal of a judge’s decision that vacated the lease for a key stretch of state-owned land.
Posted inBusiness, Noteworthy
Dunkin’ franchisee donates to Boys & Girls Club of Southern Maine
LEWISTON — Local Dunkin’ franchisee Normand Boulay made a donation of $1,000 to the Boys & Girls Club of Southern Maine during the grand opening of the Dunkin’ at 420 Main St. The new shop replaced a store at 321 Main St. and has digital drive-thru and lobby menu boards, Dunkin’s innovative tap system for […]