After a parking dispute pushed Buen Apetito out of its 20-year locale at Railroad Square, its owners eyed the location of Drip City, a bar and arcade on West River Road, as a new home.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Move on from COVID? Child care disruptions continue
A record 104,000 people missed work in October 2022 because of child care problems, surpassing early pandemic levels.
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Posted inBusiness
FTX founder Sam Bankman-Fried pleads not guilty to fraud
His trial is set for early October.
Posted inBusiness, Local & State, News
Bar Harbor businesses sue town over limit on cruise ship visitors
The ordinance adopted by voters in November puts a 1,000-person cap on the number of passengers who can come ashore daily.
Posted inBusiness, Nation & World, News, Politics
You’re not getting child tax credit checks anymore. Here’s why
The policy’s demise has confounded policy experts, who point to ample evidence that the increased benefit helped close gaps in the existing child tax credit.
Posted inMaine Commercial Real Estate, Sponsored
Featured Property: Two Retail/Office Condos in Downtown Portland
Two units are for sale, with an option to lease the two-level salon/spa at 44 Oak St.
Posted inMaine Commercial Real Estate, Real Estate, Sponsored
Maine Commercial Real Estate Transactions: December 2022
Recent sales and leases for land, industrial, office, retail and more
Posted inBusiness, Nation & World
Macao eases COVID rules, but tourism, casinos yet to rebound
Businesses are hoping the Lunar New Year will bring better luck for the former Portuguese colony and the only place in China where casinos are legal.
Posted inBusiness, Nation & World
Protests erupt near German village set to be razed to expand coal mine
Environmentalists fear millions more tons of heat-trapping carbon dioxide will be released into the atmosphere.
Posted inBusiness, Nation & World, News
Tesla says it sold a record 1.3 million vehicles last year
The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company’s 50% growth target.