Stocks have been pushing higher on optimism that the economy is strengthening and that the Federal Reserve will keep interest rates low for a while longer.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Thailand bets on ‘Phuket sandbox’ program to save tourism
The industry has been devastated by the pandemic, and nowhere has it been felt more than on the resort island off the country’s southern coast.
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Posted inBusiness, The Buzz
Lewiston-Auburn Chamber releases new guidebook: ‘part visitor guide, part relocation guide and completely stunning’
• Oof, we’re checking our emails HOW often?
• How honest are Maine drivers? Survey says: So honest.
Posted inBusiness, Nation / World
The U.S. grid’s big looming problem: Getting power to where it’s needed
The nation’s already strained power grid is either at a turning point or poised to dash clean-power visions as it crumbles under the new stresses that will be placed upon it.
Posted inBusiness, Nation / World
Rental assistance fell victim to politics, bureaucracy
A rental crisis spurred by the pandemic prompted many states to make bold promises to help renters, but most failed to deliver on them after Congress passed the sweeping CARES Act in March 2020
Posted inBusiness, Nation / World
America’s workers are exhausted and burned out – and some employers are taking notice
Among the trends: companywide shutdowns or days off to give everyone a break.
Posted inBusiness, Maine
PUC awards new round of Maine clean-energy projects
Regulators approved contracts for 7 renewable power projects as part of the state’s effort to reduce fossil fuel consumption and advance climate goals.
Posted inBusiness, Lewiston-Auburn
Chamber of Commerce, Downtown Lewiston Association launch new business competition with $70,000 prize package
Free rent, marketing services, legal and accounting advice are all on the table. Now, to find the best idea.
Posted inBusiness, Nation / World
Post-pandemic offices feature fewer desks, more space between them
Steelcase, an office furniture company in Michigan, says its research indicates half of global companies plan major redesigns to their office space this year.
Posted inBusiness, Nation / World
First opioid jury trial marks high-stakes test for drug industry
Analysts predict companies eventually will have to spend tens of billions of dollars combined to resolve thousands of lawsuits over their role in the U.S. opioid epidemic.