Casual restaurants have seen more pronounced difficulties because they depend on customers with lower incomes and have to compete with fast food chains employing the same tactics.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Bitcoin has surpassed $100,000 mark as post-election rally continues. What’s next?
The cryptocurrency officially rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission.
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Posted inBusiness, Health, Lewiston-Auburn, News
St. Mary’s Regional Medical Center in Lewiston to close intensive care unit by end of year
It is part of a plan to prioritize other services hospital officials see as more crucial to meeting the needs of the public.
Posted inBusiness, Franklin, The Franklin Journal
Four reasons to shop locally this holiday season
From the sensory immersion to financials, why should you shop locally?
Posted inBusiness, Lewiston-Auburn
History and culture museum begins work on a new home in Lewiston
Maine MILL’s long-awaited project is underway with plans to open in 2026.
Posted inBusiness, Maine, News
Businesses will pay for packaging disposal under new state rules
The state Board of Environmental Protection adopted the rules Thursday despite opponents saying the regulations are unclear and the costs will be passed on to consumers.
Posted inBusiness, Food, Maine
Oxbow Brewing to buy Portland craft beer pioneer Rising Tide
The two breweries and their facilities will continue to operate independently after the sale, which is expected to be completed by the end of the year.
Posted inBusiness, News
Heather Sanborn, former Portland lawmaker, tapped to be Maine’s next public advocate
Gov. Janet Mills says Sanborn, a small-business owner and lawyer, understands the challenges ratepayers face as the cost of electricity rises.
Posted inBusiness, Lewiston-Auburn, News
Androscoggin Bank puts Lisbon Street building in Lewiston on the market, but plans to stay put
The bank’s CEO says its part of adjusting to the post-COVID world for offices, but that the bank plans to keep a branch at the location.
Posted inBusiness, Noteworthy
Finance Authority of Maine lauds Norway Savings Bank
SOUTH PORTLAND — The Finance Authority of Maine presented Norway Savings Bank with its Lender at Work for Maine Award: Most Enhanced Partnership on Nov. 21. “Over the past year, Norway Savings Bank has increased their partnership with FAME more than any other organization in the state. NSB partnered with FAME on 16 loans to […]