The coronavirus pandemic triggered a cycling boom, and sales the U.S. has not witnessed since the 1973 oil crisis.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Gov. Mills digs in on fish-passage standards for dams
Mills says the dam manager at the center of her administration’s proposal to increase fish-passage standards on the river should be able to meet state demands for improvements.
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Posted inBusiness, Lewiston-Auburn, The Buzz
Reid’s gun shop moving from downtown Auburn
Also in The Buzz this week:
• Uplift LA’s “Adulting 101”
• Airbnb sees “surge” of interest in Southern Maine
Posted inBusiness, Nation / World, Sports
Women’s soccer stars join Biden to promote closing pay gap
The Census Bureau estimates that a woman working full time would earn about 82 cents for each dollar paid to a man.
Posted inBusiness, Noteworthy
Daughters buy Fontaine Family Team business from Brenda Fontaine
AUBURN — Fontaine Family Team – The Real Estate Leader, a business over 60 agents strong and the recipient of the 2019 Maine Family Business of the Year, has been sold to the second generation of daughters, Melissa Fontaine-Field, Angie Fontaine-Larochelle and Crystal Fontaine-Bergeron. With a combined 70 years of leadership experience in real estate, […]
Posted inBusiness, Maine, News
Portland approves 171-unit apartment building, with more in pipeline
The largest apartment project approved by the city since 2014 could be under construction by this fall, promising much-needed housing.
Posted inBusiness, Maine
Despite pandemic, Maine’s 2020 lobster haul was better than expected
The catch was valued at almost $406 million, a 17% decrease from 2019 but only the seventh yearly total ever exceeding $400 million.
Posted inBusiness, Maine
State wants lobstermen to move gear from route of wind power cable survey
Maine’s commissioner of marine resources sympathizes with fishermen who are upset by the prospect of floating offshore wind turbines in the Gulf of Maine.
Posted inBusiness, Maine
Maine lobster harvest better than expected in pandemic year
Officials say Maine’s lobster catch dipped slightly last year as fishermen dealt with the coronavirus pandemic, but the final totals were better than some feared.
Posted inBusiness, Nation / World
Massive cargo ship becomes wedged across Suez Canal, blocking all traffic
Officials say the skyscraper-sized vessel ran aground Tuesday in the vital man-made waterway dividing continental Africa from the Sinai Peninsula.