Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Lewiston-Auburn, Oxford Hills
Central, western Maine bike shops see surge in sales during stay-at-home order
Owners say supplies may not keep up with the demand.
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Posted inBusiness, Nation / World
Faxes and email: Old technology slows COVID-19 response
The U.S. created the internet, but you’d never know it given the chaotic way its public health officials collect vital pandemic data.
Posted inBusiness, Maine, News
Maine retailers begin to reopen under new rules, with new concerns
Resuming business during the pandemic involves a lot more than unlocking the door, flipping over a sign and turning on the lights.
Posted inBusiness, Nation / World
Fed chairman warns of long downturn if Congress, White House don’t provide more economic aid
Jerome Powell’s grim statement is a sharp departure from the economic optimism that President Trump and some senior administration officials have expressed in recent days.
Posted inBusiness, Maine, News
Maine businesses expect heavy losses and job cuts this year, survey shows
Nearly 1,500 Maine companies said they expect revenue and employment to drop because of the pandemic and restrictions imposed to contain it.
Posted inBusiness, Lewiston-Auburn, Maine
Avangrid sues to block November referendum on hydropower line
The power company asked a state court Wednesday to reject plans for a Nov. 3 statewide public vote on the controversial project.
Posted inBusiness, Nation / World, News
U.S. meat plants are changing, signaling end of 99-cent chicken
Companies are considering how best to redesign their operations to prevent infections, including by automating some lines altogether.
Posted inBusiness, Maine, News
Safety work to close I-295 travel lanes and ramps north of Portland
Construction to add emergency pull-off areas on the busy stretch of highway and extend the on-ramps at exits 15 and 17 is underway and expected to go until July 3.
Posted inBusiness, Maine, News
New Englanders look to Maine for haircuts, but barbers and stylists try to cut them off
Maine was the first state in the region to allow barbers and hair salons to open May 1, prompting people from as far away as Connecticut to ask for appointments.