Camden National Bank was the only Maine-based bank to be recognized by S&P Global Market as a top community bank in 2020.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Maine power line foes sue federal energy department
The Appalachian Mountain Club, Natural Resources Council of Maine and Sierra Club Maine say the department erred in issuing a permit for the New England Clean Energy Connect project.
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Posted inBusiness, Nation / World
Salvage teams free Ever Given from the banks of the Suez Canal
Canal service provider says container ship in Suez set free.
Posted inBusiness, Nation / World
Suez Canal Crisis: How 1 ship halted about 10% of global trade
As of Monday morning, the cargo container ship is afloat and free in the Suez Canal in Egypt.
Posted inBusiness, Maine
Owners of Skowhegan brewery optimistically reopen indoor tasting rooms closed by pandemic
Beginning Friday, the Oak Pond Brewing Co. at 101 Oak Pond Road was allowed to open for indoor tastings. Its owners hope business picks up soon.
Posted inBusiness, Nation / World
Suez Canal mishap puts battered supply chains under more pressure
If the blockage persists, the disruption could ripple through the global economy, affecting the flow of oil, chemicals, apparel, iron ore and manufactured goods.
Posted inBusiness, Maine
Central Maine tasting rooms, bars welcome the public indoors
Friday marked the first day of relaxed public health restrictions at tasting rooms and bars across the state, allowing limited service indoors.
Posted inBusiness, Nation / World
S&P 500 returns to a record high after best day in weeks
Stock prices have been churning in recent weeks, and momentum has often shifted sharply, sometimes by the hour.
Posted inBusiness, Nation / World
China erasing H&M from internet amid Xinjiang backlash
Its products were missing from major e-commerce platforms following calls by state media for a boycott over the Swedish retailer’s decision to stop buying cotton from the Chinese region.
Posted inBusiness, Maine
Maine bars allowed to reopen indoors, but many are waiting
Most operators who opted not to reopen Friday said they are holding off until their workers can get fully vaccinated.