Low inventory and rising prices are freezing young, local home buyers from the real estate frenzy.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Rattled by increase in airplane noise, Peaks Islanders are the latest to seek relief
‘We have more planes coming over Peaks Island now than we have at any time in our history,’ one resident says.
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Posted inBusiness, Nation / World
U.S. job openings rise to record high, layoffs hit record low
U.S. employers posted a record-high number of open jobs for the second straight month as a rapidly rebounding economy has created an intense demand for workers.
Posted inBusiness, Maine
Legal gray area allows opening of cannabis-friendly campground in Harrison
Although marijuana social clubs and other businesses for onsite consumption are prohibited, private campgrounds exist in a ‘murky’ legal area.
Posted inBusiness, Nation / World
As employers struggle to fill jobs, teens come to the rescue
High school-age kids are filling jobs that older workers can’t – or won’t.
Posted inBusiness, Nation / World
New U.S. rules to protect animal farmers expected soon
The regulation will make it easier to bring complaints under the Packers and Stockyards Act and is similar to one the Trump administration killed four years ago.
Posted inBusiness, Nation / World
Flying is a mess this summer. Six travelers share horror stories and tips.
Schedule changes, marathon delays and cancellations are wreaking havoc on plans and stress levels.
Posted inBusiness, Maine, News
High court says Portland hazard wage is constitutional, but not effective until 2022
The Maine Supreme Judicial Court’s ruling means employers in Portland do not have to provide hazard pay to workers even though the city’s emergency declaration remains in effect.
Posted inBusiness, Nation / World
Still unclear how many businesses hit in biggest ransomware attack on record
The company whose software was exploited says it appears that fewer than 1,500 businesses were compromised.
Posted inBusiness, Maine
Small housing units growing bigger in Maine
Accessory dwelling units, or ADUs, are gaining popularity as the state’s housing crunch and pandemic-related influx continues.