PORTLAND, Maine (AP) — About 40 demonstrators are targeting Bank of America with a protest in Maine’s largest city, holding signs and chanting “make the banks pay.” The demonstration outside a Bank of America branch at One City Center on Friday was organized by OccupyMaine, which has set up an encampment a few blocks away […]
economy
Posted inBusiness, Maine, sj-web
Dead River to sell Maine stores to Circle K
BANGOR, Maine (AP) — Dead River Co. is getting out of the convenience store business and selling its Maine stores to the Circle K convenience store chain. Dead River officials say the company is selling its convenience stores to focus on its core business of selling heating fuels. Circle K is owned by Alimentation Couche-Tard […]
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Posted inBusiness, Maine, sj-web
Educated workers needed for health care jobs, LePage says
As Maine’s economy continues to struggle, state leaders say the health care sector remains strong and is expected to grow. At a conference on Tuesday, officials said training a qualified work force is the key to both meeting the growing demand for health care services in Maine and taking advantage of the economic activity that […]
Posted inBusiness, Maine, sj-web
Lowe’s to close stores in Ellsworth, Biddeford
Lowe’s is closing stores in Ellsworth and Biddeford as part of a wider decision to shut down 20 stores nationwide, according from a release from the home improvement chain. The Auburn location will remain open. In the statement, the Mooresville, N.C.-based company said that 10 of the “underperforming” stores closed at the end of the […]
Posted inBusiness, New England, sj-web
TD Bank to transfer jobs to from New England to N.J.
BRATTLEBORO, Vt. (AP) — TD Bank is transferring several dozen jobs from northern New England to New Jersey. A TD Bank spokeswoman told the Bennington Banner (http://bit.ly/pnFY7D ) that just under 40 jobs in Brattleboro, Vt., Concord, N.H. and Portland, Maine are being relocated to Cherry Hill, N.J., as the bank downsizes its TD Wealth […]
Posted inNation / World, sj-web
Obama seeks votes on jobs, piece by piece
FLETCHER, N.C. (AP) — Railing against Republicans, President Barack Obama on Monday pushed for a jobs package that Congress is splintering into pieces, as Senate Democrats planned action first on a longshot plan to help states hire teachers, police and firefighters. In campaign mode on the road, Obama accused Republicans senators of saying no to […]
Posted inMaine, sj-web
Barber Foods plant in Maine to lay off 71 workers
PORTLAND, Maine (AP) — A food-processing company known for its frozen stuffed chicken products says it’s cutting 71 jobs at its Portland processing plant because product lines are being moved to another plant owned by its parent company. Barber Foods was acquired by AdvancePierre Foods, of Cincinnati, last spring. A few weeks later, the company […]
Posted inMaine, sj-web
Maine gas prices keep going down; $3.50 on average
AUGUSTA, Maine (AP) — Maine’s average gasoline prices are continuing their downward slide, but they’re still not as low as they were a year ago. MaineGasPrices.com says average retail gasoline prices in the state have fallen 0.8 cent per gallon in the past week, averaging $3.50 on Sunday. While that average is 23.2 cents per […]
Posted inBusiness
Friendly’s restaurant has closed in Lewiston
LEWISTON — Friendly’s parent company has filed for Chapter 11 bankruptcy protection and has closed 63 restaurants nationwide, including the one on Sabattus Street. Two others in Maine — on Main Street in Freeport and High Street in Ellsworth — also closed Tuesday night. The restaurants each employed about 20 people, said Friendly’s spokesman Rich […]
Posted inBusiness, Maine, sj-web
Reporter query: Are you dealing with hunger?
As the economy continues to flag, more people don’t know where their next meal will come from. The Sun Journal is working on a story about hunger in Maine, and we’re looking for people dealing with the issue. If you are struggling to get food on the table and would be willing to be interviewed […]