The rate cut expected Wednesday is likely to be just the first that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated.
business
Posted inBusiness, Lewiston-Auburn, News
Auburn couple ‘throwing hands up’ after trying to open day care near Lake Auburn
Tom and Kathleen Reed are looking to sell their property after trying for two years to open a day care business at an historic home near Lake Auburn.
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Posted inNews
Brunswick’s bluShift completes hot-fire rocket engine test
The engine, MAREVL, ran for 60 seconds on Friday at bluShift’s newly expanded test stand at Brunswick Landing.
Posted inBusiness
Trump eyes plan that may give Elon Musk role in auditing U.S. agencies
Musk’s potential involvement in a government regulatory and spending commission has sparked concerns from ethics experts who point to conflicts of interest that could emerge between such a post and his business empire.
Posted inBusiness, Food
Companies crafting new ways to grow cocoa to keep up with demand
From California to Israel, companies are aiming to grow cocoa beyond the tropics in a bid to buffer chocolate’s key ingredient from climate change.
Posted inBusiness, Lewiston-Auburn, Local Sports, Sports
Photos: New turf field going in at Bates College
A new surface and lights are being installed at the Lewiston college.
Posted inBusiness, Election 2024, Nation / World, News, Politics
Political chat at work is frequent and fraught, Gallup survey shows
The question of how to manage political interactions and expression in the workplace has become increasingly urgent for managers over the past year.
Posted inBusiness, Franklin, News, The Franklin Journal
Gifford’s Ice Cream in Farmington permanently closes ‘with a heavy heart’
FARMINGTON — Gifford’s Ice Cream announced the permanent closure of its Farmington shop Wednesday morning with a post on Facebook. In the post, the company expressed their sorrow over this loss of their second-ever store that opened in 1982. The location was flooded with mud and water when the Sandy River rose and covered lower […]
Posted inBusiness, Lewiston-Auburn
Schemengees Bar & Grille co-owner David Lebel dies at 57
The Lebels bought Schemengees more than a quarter century ago because, they once said, they both loved pool so much.
Posted inBusiness
Wall Street rallies to its best day since 2022 on encouraging unemployment data
The S&P 500 jumped 2.3% and shaved off all but 0.5% of its loss from what was a brutal start to the week.