Added road access from Millinocket is expected to help more people visit Katahdin Woods and Waters National Monument and boost the local economy.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News
Maine home prices cooled in November as inventory rose
The median sales price was $385,000, down from the previous month but up 8.5% from November of last year.
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Posted inBusiness, Local & State, News
Islandport Press taps new leadership as founder moves on
KJ Grow will bring years of publishing experience to her new role, the Yarmouth-based company announced Thursday.
Posted inBusiness, Lewiston-Auburn
A peek inside Picker House Lofts offers a look at revitalization in Lewiston
Starting the first week in January, the new apartments — a mixture of workplace and market-rate units — will start welcoming new tenants.
Posted inBusiness, Local & State, News
United to add summer flights from Portland to Houston
The service will operate on Saturdays starting in June.
Posted inBusiness, Nation / World
US stocks fall sharply after Federal Reserve hints at just 2 rate cuts for 2025
While lower rates can goose the economy by making it cheaper to borrow and boosting prices for investments, they can also offer more fuel for inflation.
Posted inAdvertiser Democrat, Business, Local & State, News, Oxford Hills
VIP Tires looks to move into old Grover Gundrilling plant
If approved, VIP Tires expects to be operational in the new location by mid-spring next year, according to John Quirk, executive chairman and owner of the regional auto service company.
Posted inBusiness, News
Gov. Mills announces 2024 business excellence awards
The awards celebrate Maine businesses that excel in the manufacturing and service professions.
Posted inBusiness, Local & State, News
Maine OKs Unitil’s $72M acquisition of Bangor Natural Gas
Regulators approved the deal with a requirement that the company report greenhouse gases it discharges and not increase rates before 2027.
Posted inBusiness, Local & State
Holiday hiring up as Maine retailers prepare for strong selling season
Finding workers for the holiday season in Maine is settling back into a familiar pattern: a burst of hiring similar to pre-summer preparation for tourists and a drop-off after those rushes end.