Jennifer Coffin of Nobleboro, a personal insurance account executive with Allen Insurance and Financial, has been honored with the Safeco Insurance Award of Excellence, an honor recognizing superior underwriting skill. This recognition is achieved only by a select group of agents across the country who sell Safeco Insurance. This is the second consecutive year Coffin […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Community
Maine Veterans’ Homes names new CEO
Maine Veterans’ Homes board of trustees announced Wednesday that Sharon Fusco will lead Maine Veterans’ Homes as chief executive officer effective Dec. 5. “Sharon brings an extensive background and understanding of aging care policy and leadership, and approaches challenges with excitement, opportunity, and an innovative, strategic vision,” said Adria Horn, MVH board chairperson, according to […]
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Posted inBusiness
Stocks fall broadly on Wall Street as inflation worries grow
Trading has been unsettled all week and was especially volatile on Thursday after a government report showed that inflation remains very hot.
Posted inBusiness, Nation & World, News
Biden pushing lower prescription drug costs in midterm press
President Joe Biden will head to a community college in Irvine, California, on Friday to meet with older Americans and tout his administration’s efforts to reduce inflation and drive down costs.
Posted inBusiness, Local & State, Nation & World
Kroger seeks to create grocery giant in $20 billion bid for Shaw’s parent
In New England, there are 127 Shaw’s stores, including 19 in Maine.
Posted inBusiness, Local & State
Wex laying off 150 employees worldwide as it prepares for ‘next phase of growth’
The Portland-based payment technology company said 30 of the job cuts are taking place in Maine.
Posted inBusiness, Nation & World, News, Uncategorized
IRS wants millions to claim child tax credit, stimulus funds
IRS Commissioner Chuck Rettig says many people who qualify for the tax benefits will need to file a 2021 federal income tax return to get the credit.
Posted inBusiness, Kennebec Journal, Local & State, News
Two Augusta eateries to be wrapped into one
The owners of Wrapped Up have closed their sandwich shop near the Maine State House and plan to serve breakfast and lunch on Water Street after completing renovations to the Wrapped Up Coffee House in December.
Posted inBusiness, Nation & World, News
High air fares help Delta climb above fuel, payroll costs
The company’s $695 million in net income was down by nearly half from $1.2 billion reported by Delta for the third quarter of 2021.
Posted inArts & Entertainment, Business, Nation & World, News
How much Netflix’s new ad-supported plan will cost and what you get (and don’t)
The push into advertising comes years after Netflix resisted putting commercials on its programs.