At a campaign event in Saco, President Trump’s son touts his father’s support for the iconic fishing industry as the reason Maine should vote to give him a second term.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
New companies face tough task overcoming pandemic, recession
Among the businesses the coronavirus has pummeled are an untold number of companies that were on the verge of launching or that were in their early days when the virus hit.
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Posted inBusiness
Wall Street slumps as Big Tech once again leads decliners
U.S. stocks are closing lower Thursday as Wall Street continues to swirl after the Federal Reserve said it will keep interest rates at nearly zero for years to help nurse the wheezing economy.
Posted inBusiness, Local & State
Opponents of CMP corridor launch second referendum effort
Foes of the project, which would carry hydroelectric power from Quebec to Lewiston, are targeting the Legislature this time instead of regulators.
Posted inBusiness, Local & State
Masthead Maine partners with Live + Work in Maine on job posting site
Masthead Maine is the state’s largest media group, encompassing five daily newspapers including the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Moderna releases COVID-19 vaccine trial plan as enrollment tops 25,000
Moderna’s CEO said it decided to release its full trial plan to create public confidence that it is doing everything it can to ensure a vaccine is safe and effective.
Posted inBusiness, Local & State
Maine’s continuing weekly jobless claims fall by nearly 10,000
Weekly certifications for both state and federal benefits declined sharply last week, to 56,700, after totaling roughly 66,000 the previous week.
Posted inBusiness, Nation & World, News
COVID-19 danger continues to drive applications for unemployment in U.S.
Employers added jobs from May through August — but the United States still has recovered less than half the jobs lost in March and April.
Posted inBusiness, Local & State
Report touts economic benefits of Maine tax credit for historic properties
The study of Maine’s historic rehabilitation tax credit says it has given the state’s economy a major boost and has more than paid for itself.
Posted inBusiness, Local & State, Morning Sentinel
Madison Paper to appeal to Maine Supreme Judicial Court latest decision on tax abatement
Twice the taxes levied by the town of Madison have been challenged and twice the town has won, but at a cost of $200,000 which will increase because of the fight in the high court.