AUGUSTA — Showcase Maine, FAME’s annual celebration of its successful partnerships with Maine’s business, lending, governmental and higher education communities, continues virtually for 2020. This year’s award recipients include: Business at Work for Maine Award: Origin. Origin is being honored for helping to return manufacturing to Maine by revitalizing old textile mill equipment and manufacturing […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Chewy sends pet paintings to keep customers from straying
In the dog-eat-dog world of online shopping, Chewy has an unusual plan to fend off Amazon: turning pets into works of art.
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Posted inBusiness, Local & State, News
Maine paid leave law goes into effect with new year
The law requires employers with more than 10 workers to offer paid leave that could be used for illness or emergencies.
Posted inBusiness, Nation & World
Quiet New Year gives breathing room after U.K.-EU Brexit split
Britain left the European bloc’s vast single market for people, goods and services at 11 p.m. London time on New Year’s Eve.
Posted inBusiness, Local & State, News
Tens of thousands traveled for winter holiday in Maine
Despite bad winter weather and an unrelenting pandemic, thousands of drivers were on the Maine Turnpike last weekend.
Posted inBusiness, Nation & World
Federal checks salvage otherwise dreadful 2020 for U.S. farms
DES MOINES, Iowa — Thanks to the government paying nearly 40 percent of their income, U.S. farmers are expected to end 2020 with higher profit than 2019 and the best net income in seven years, the Department of Agriculture said in its latest farm income forecast. Farmers faced challenges throughout 2020 that included the impact […]
Posted inBusiness, Nation & World
Both newspapers in Utah’s capital print final daily editions
The Salt Lake Tribune and Deseret News join others like the Tampa Bay Times and the Arkansas Democrat-Gazette.
Posted inBusiness, Nation & World
S&P 500 ends 2020 at another record high
The index finishes with a gain of 16.3 percent for the year, or a total return of about 18 percent, including dividends.
Posted inBusiness, Nation & World
Some businesses thrived, many lagged during pandemic in 2020
The coronavirus pandemic created winners and losers in the business world.
Posted inBusiness, Nation & World, News
U.S. jobless claims down 19,000, still 4 times pre-pandemic level
Employers continue to cut jobs as rising coronavirus infections keep many people at home and state and local governments re-impose restrictions.