The new location for the discount retailer fills the space of the former Christmas Tree Shops, which closed last year.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Critics want regulatory review of CMP’s corporate takeover
Maine’s public advocate and environmentalists say a deal to take the utility’s parent company private would shield financial decisions from the public.
U.S. drug price measure to cut costs by $7.5 billion in 2026
Senior citizens will fork out $1.5 billion less in out-of-pocket costs for ten medications.
How a small group of nuns vexes big companies with investment activism
Among corporate America’s most persistent shareholder activists are 80 nuns in a monastery outside Kansas City.
Potentially massive pay package for new Starbucks CEO, and he doesn’t even have to move to Seattle
Brian Niccol could make well in excess of $100 million in his first year with the company.
Wally Amos of cookie fame died at age 88
Amos created the Famous Amos cookie empire and eventually lost ownership of the company. In his later years, he became a proprietor of a cookie shop called Chip & Cookie in Hawaii, where he moved in 1977.
Meta kills off CrowdTangle despite pleas from researchers, journalists
Meta has released an alternative to CrowdTangle, called the Meta Content Library. But access to it is limited to academic researchers and nonprofits, which excludes most news organizations.
Thomas College to offer discounted courses for employees of Johnny’s Selected Seeds
The Winslow-based agricultural retailer and its 275 employees join other Maine companies in the college’s Preferred Education Partnership program.
NASA still deciding whether to keep 2 astronauts at space station until next year
The test pilots anticipated being away just a week or so but thruster failures and helium leaks marred the capsule’s trip to the space station, raising doubts about its ability to return safely and leaving the astronauts in limbo.
Anti-DEI protesters sow disruption and confusion but have scant investor support
Each year, companies face hundreds of resolutions from progressive groups to change their policies to be more supportive of employee diversity, labor rights and other social issues.