President Donald Trump’s global trade war and federal spending cuts — as well as his threat of cutting funds to Maine — have state officials preparing for slowing economic growth and rising unemployment.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Local & State
Dozens laid off at Maine CDC after federal cutbacks
State officials say 40 subcontracted employees were laid off because of federal public health funding cuts, and more details will be provided soon.
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Posted inBusiness, Local & State, News
King-backed bill would force USDA to pay farmers’ federal contracts
Despite a judge’s orders and the Trump administration’s promise to release the funding, farmers across the country, including in Maine, are still waiting for millions in federal reimbursements for agricultural conservation projects.
Posted inBusiness, Franklin, Livermore Falls Advertiser
Spruce Mountain High School students describe chaga mushroom study
Value of a birch tree inoculated with chaga spores could increase in value from $30 to $625 when the chaga matures.
Posted inBusiness, Lewiston-Auburn
Former lumber company demolished in Lewiston
Dilapidated buildings at former Pineland Lumber Company in Lewiston removed in anticipation of development.
Posted inBusiness, Local & State
Waterville ‘Tesla Takedown’ protest targets Elon Musk, Trump
More than 60 people from around central Maine stood in the snow Saturday at a Tesla charging station off Main Street at Elm Plaza to protest Elon Musk’s gutting of the federal government and firing of thousands of workers.
Posted inBusiness, Franklin, Local & State, News, The Franklin Journal
Marden’s is coming to Farmington
The plan is to conduct open interviews on April 10 and 11 and open in late May.
Posted inBusiness, Lewiston-Auburn, News
Lewiston amends tax district for hydropower station to comply with state rule
The converter station for the 145-mile New England Clean Energy Connect corridor will take in Canadian hydropower and deliver it to Maine homes and businesses.
Posted inBusiness, Lewiston-Auburn
Annual B2B Trade Show in Auburn draws a crowd
Hundreds of vendors fill booths at the Norway Savings Bank Arena, where businesses promoted, collaborated and forged partnerships.
Posted inBusiness, Local & State, News
Maine Senate confirms economic development commissioner
Michael Duguay was sworn in as the head of the Department of Economic and Community Development.