Some changes made during the pandemic have helped them keep up with the onslaught of business that they desperately need, but others have had to go.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Central Maine business briefs: Kennebec Savings Bank awards $50,000
People & Places: Spectrum Generations awarded grant.
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Posted inBusiness, Local & State, Maine Crime
York veterinary practice hit by ransomware attack
The vet who runs the York Animal Hospital said he lost patient records when he refused to pay the $80,000 ransom.
Posted inBusiness
Stocks close higher, capping a third straight week of gains
Banks, technology companies and industrial stocks powered much of the rally.
Posted inBusiness, Nation & World
Federal Reserve pledges ‘powerful support’ for economy
The central bank indicates it plans to maintain low interest rates until further progress is made in recovering from last year’s severe recession.
Posted inBusiness, Nation & World
Biden signs executive order targeting big business
The action focuses on what the president calls anticompetitive practices in tech, health care and other parts of the economy and also seeks to boost workers’ wages and consumer protections.
Posted inBusiness, Local & State, News
Pandemic garbage boom in Maine and nation ignites debate over waste as energy
In Portland, residential waste was up 12% and commercial was up 2% in June, said ecomaine’s spokesman.
Posted inBusiness, Nation & World
Billionaire blastoff: Rich riding own rockets into space
The chase for space tourists will pit Virgin Galactic’s Richard Branson against the world’s richest man, Blue Origin’s Jeff Bezos.
Posted inBusiness, Nation & World
Postal Service plans imperil community newspapers
Democrats criticize the proposal to raise rates and renew calls for the removal of the postmaster general.
Posted inBusiness, Local & State, News
Town says CMP threatened to shut off power to fire station
After CMP denied receiving the check, interim Town Manager Bradley Plante said the check for payment, sent three weeks earlier, was returned because it lacked an account number.