instead of a $28 million auction winner launching with founder Jeff Bezos on Tuesday, Dutch runner-up Oliver Daemen will be on board.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, New England
Scallop harvest to decline again this year, but is still strong
Fishermen harvested about 43.5 million pounds in 2020 and are expected to collect about 40 million pounds this year.
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Posted inBusiness, Maine, Nation / World
Maine jobless claims decline as U.S. claims fall to new pandemic low
The U.S. weekly tally of initial unemployment claims, a proxy for layoffs, has fallen more or less steadily since topping 900,000 in early January.
Posted inBusiness, Nation / World
IRS begins sending monthly checks to millions of American parents in crucial test for Biden
Biden administration to launch biggest anti-poverty program since Lyndon Johnson’s ‘War on Poverty.’
Posted inAdvertiser Democrat, Business, Oxford Hills
Livestock vets in short supply but 3 serve Oxford Hills
Oxford Hills has the benefit of not one but two young vets who have joined longstanding practitioner Dr. Matt Holden at his veterinary hospital in South Paris.
Posted inBusiness, Maine
CMP customers to see double-digit rate increase next month
The new rates approved by regulators Wednesday will hike Central Maine Power customers’ bills by 11.5% starting Aug. 1.
Posted inBusiness, Nation / World
Some CEOs took a pay cut in 2020 – and still wound up earning more
Financial experts say executives at hundreds of publicly traded companies voluntarily lowered their own base salaries, but it did little to save their companies’ money or boost employee salaries.
Posted inBusiness, Maine
Consolidated Communications workers in northern New England authorize strike
Union reps say the labor contracts of over 1,000 workers in Maine, Vermont and New Hampshire expire Aug. 7, and negotiations over new contracts have stalled.
Posted inAndroscoggin County, Business, News
Recreational pot sales, cultivation takes step toward legalization in Lisbon
A public hearing on a proposed ordinance and vote is scheduled for Aug. 17.
Posted inBusiness, Franklin, Livermore Falls Advertiser
Farmington shoppers cope with Maine’s plastic bag ban
Shoppers at Farmington’s Walmart Supercenter have mixed feelings about Maine’s new ban on disposable plastic bags, which went into effect July 1.