They have lost $250 million a month since the pandemic hit the state. The federal bailout has covered about a month’s losses.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Will changes in the food industry produced by the pandemic stay or go?
Proprietors and customers weigh in on cocktails-to-go, ubiquitous takeout, restaurants as grocers…and lots more.
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Posted inBusiness, Nation / World
Company agrees to make COVID-19 vaccine for Europe
Pharma giant AstraZeneca has struck a deal to supply up to 400 million doses of an experimental COVID-19 vaccine to European Union countries.
Posted inBusiness, Maine, News, Uncategorized
Union negotiators at Bath Iron Works reject final contract offer
The company says it presented its ‘last, best and final’ offer to Machinists Union Local S6 on Saturday.
Posted inBusiness, Lewiston-Auburn, News
Auburn council to vote Monday on resolution declaring all businesses essential
A second resolution will request Gov. Janet Mills to release funds to municipalities.
Posted inBusiness, Nation / World
Fed says ‘full range of tools’ in play to counter pandemic
The central bank says the COVID-19 outbreak is causing ‘tremendous human and economic hardship across the United States and around the world.’
Posted inBusiness, Maine, News
Tourism, hospitality groups ask for $800 million to save Maine’s industry
In response, Gov. Janet Mills allows lodging businesses to start hosting out-of-state guests 5 days earlier than planned.
Posted inBusiness, Maine, News
Additional 54 coronavirus cases reported in Maine, as more businesses reopen
Gov. Janet Mills said she was accelerating the date for lodging places to start serving out-of-state visitors, and on Friday fitness centers as well as bars and brewery tasting rooms with outdoor seating opened in 13 counties.
Posted inBusiness, Lewiston-Auburn, News
Tambrands plant reports six additional COVID-19 cases
Thirteen people in all at the Auburn facility have tested positive for the virus.
Posted inBusiness, Maine, News
Mills administration backtracks on testing for out-of-state riders on transit
The reversal came a day after the Portland Press Herald reported that transit operators were surprised and confused by the state’s new directive.