Hyundai’s move comes as it pours billions into the U.S. market to build electric vehicles and expand its market share.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News
Donald Trump Jr. returns to the stand as defense looks to undercut New York civil fraud claims
New York’s AG alleges that Donald Trump, his company and executives including his sons exaggerated his wealth by billions of dollars on financial statements given to banks, insurers and others.
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Posted inBusiness, Nation & World, News
Thanksgiving travel in U.S. set to hit post-COVID high
As many as 49.1 million Americans are expected to drive, an increase of 1.7% compared to 2022.
Posted inBusiness, Local & State, News
Seasonal worker visas expected to double, boosting Maine’s hospitality industry
U.S. Sens. Angus King and Susan Collins say they’ve worked with federal officials to secure over 64,000 additional H2-B visas to help businesses struggling with workforce shortages.
Posted inBusiness, Health, Local & State, News
Maine residential care facilities rarely sanctioned, despite cases of abuse, neglect
The state cited dozens of incidents between 2020 and 2022, but only one resulted in a fine, an investigation found.
Posted inBusiness, Kennebec Journal, Local & State, News
Augusta councilors propose allowing recreational marijuana businesses
The city, where only medical marijuana businesses are currently allowed now, may allow recreational retail sales, manufacturing, cultivation and testing.
Posted inBusiness, Local & State, News
Eel guts, salmon blood: Maine companies look to make the most of fish waste
Converting waste from salmon, eel and other marine species into consumer and biomedical products has opened a new and lucrative path for Maine’s seafood industry.
Posted inBusiness
Getting serious about viticulture in Maine; it may not be too cold a climate for good wine
WillowsAwake Winery in Leeds planted vines, hired a winemaker, invested heavily in infrastructure and the effort is beginning to bear fruit.
Posted inBusiness, Food & Dining, Nation & World
How researchers, farmers and brewers want to safeguard beer against climate change
Farmers are using all the new strategies they can get to stay afloat and provide for large and small breweries alike.
Posted inBusiness
Dirigo Labs announces final call for applications for third cohort
WATERVILLE — Highlighting a focus on financial knowledge and expertise, Dirigo Labs is announcing a final call for applications for its third cohort of companies. The accelerator, housed at Hathaway Creative Center in downtown Waterville, has continued to empower startups statewide to secure funding, create jobs and encourage business expansion and retention. Extended to 16-weeks, […]