The appropriations package funds financial relief for individuals and small businesses amid the COVID-19 pandemic, as well as defense infrastructure companies like Bath Iron Works make for the Navy.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Noteworthy
Camden National Bank earns national award
CAMDEN — Greenwich Associates, a leading independent research firm, named Camden National Bank a Customer Experience Leader for 2020. This marks the third year in a row Camden National Bank has been recognized for its retail banking customer experience, and the first year it’s also awarded for its small business banking customer experience. Camden National […]
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Posted inBusiness, Maine
Jobless benefits for thousands of Mainers could be delayed at least a week
It will take time for the state’s labor department to implement reauthorized federal benefits and new payments from the COVID-19 relief package finalized after a delay by the president.
Posted inBusiness, Maine
Bangor toilet paper factory slows down after busy year in pandemic
In addition to providing toilet paper and other paper products, the company provided the raw material for antiseptic wipes.
Posted inBusiness, Nation / World, News, Politics
Here’s what’s in the stimulus and government funding bill
The massive, year-end catchall bill combines $900 billion in COVID-19 aid with a $1.4 trillion spending bill and reams of other unfinished legislation.
Posted inBusiness, Noteworthy
MCHP appoints Ken Albert board chairman
LEWISTON — Maine College of Health Professions has appointed alum Ken Albert, chief executive officer of Androscoggin Home Healthcare and Hospice, as its board chairman. A 1986 graduate of the college’s nursing program, Albert has been on the board since 2017. He will lead the eight-member board, which is charged with serving as stewards of […]
Posted inBusiness, Maine
Brunswick’s The Daniel to remain a hotel under new buyers
Despite initial plans to convert the building into senior housing, new owners Bella Point Holdings LLC have decided to reopen the historic inn as an “upscale hotel,” according to the buyer’s broker. The hotel sold at auction for $1.6 million.
Posted inBusiness, Maine
Nordic skis, snowshoes flying off the shelves in Maine
Local ski shops say the shortage appears linked to a desire by Mainers to get outdoors safely while the pandemic rages.
Posted inBusiness, Nation / World
‘Unprecedented’ mail volume delays Christmas gifts
The U.S. Postal Service also cites limited employee availability due to COVID-19.
Posted inBusiness, Giving Back
OpenText donates to Good Shepherd Food Bank
LEWISTON — In place of holding holiday parties this year, OpenText is making donations totaling $1 million to food banks in the 58 communities around the world where employees live and work. In Maine, OpenText is donating $15,000 to Good Shepherd Food Bank. It’s the first donation of the OpenText Voyager Fund, an extension of […]