Maine’s luxury real estate market had a record year in 2024, while the number of properties sold for more than $1 million has quadrupled over the last 5 years.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Local & State, News
As Trump shakes up economy, winners and losers will emerge. Maine could be on the wrong side.
The state’s reliance on Canada for trade and tourism, coupled with the president’s threats to punish Maine after his public spat with Gov. Mills, could spell trouble.
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Posted inBusiness, Columns, Local & State, Op-Eds
From our managing director: A bold new future for Maine’s local news
The Maine Trust for Local News is making moves to ensure that our communities continue to receive strong, impactful journalism — now and in the future.
Posted inBusiness, Local & State, News
Abbott Labs sued for alleged ADA, human rights and whistleblower protection violations
Two former employees say the Scarborough plant failed to accommodate their disabilities and created a hostile work environment after they outed the company for pushing out defective COVID-19 tests.
Posted inBusiness, Local & State, News
Maine’s ‘energy economy’ grows as Trump cuts loom over zero-carbon power
The state has benefited from about $800 million made possible by the Inflation Reduction Act and Bipartisan Infrastructure Law.
Posted inBusiness, Local & State
Union leaders in Maine condemn cancellation of TSA officers contract
‘Everything we’ve worked for is in the wind,’ said a union representative for 140 federal airport security officers in Maine.
Posted inBusiness, Local & State, News
Lost your ring at the beach or lake? Ring Finders of Maine can help you find it
‘It’s really clear that they just love to help people,’ said a Sabattus woman whose engagement ring was recovered by the group.
Posted inBusiness, Local & State, News, Politics
Money from New England grid operator could be used to promote electric vehicle subsidies in Maine
Transportation accounts for nearly half of the carbon emissions in Maine and expanding electric vehicle use would help the state achieve its target of reducing greenhouse gases by 45% in 5 years.
Posted inBusiness, Local & State, News
In a first, New England governors push transmission boost to bring wind, hydropower through Maine
The region’s electric grid operator will oversee a more than $1 billion transmission upgrade along the Maine-New Hampshire line.
Posted inBusiness, Food, Local & State, News
How the pandemic reshaped Portland’s restaurant scene
Exactly five years ago, the onset of COVID in Maine, and its aftermath, caused a period of intense turnover in the restaurant industry. It continues today.