Business and Economy

Business news

Downeaster To Continue Running, Despite Lack Of Automatic Braking Technology

Aug 28, 2018
Robert F. Bukaty / Associated Press

Amtrak will continue to service the Downeaster route from Massachusetts to Maine despite the rail line not having an automatic braking technology.

Soft drink giant Coca-Cola announced Tuesday that it's acquiring Moxie, a long-lived and beloved New  England soda brand that is Maine's official state beverage.

ELLSWORTH, Maine - Maine scallop fishermen would be allowed to harvest the same amount of the shellfish per day under a proposal floated by state regulators.
 
The state's scallop season takes place every winter in the state's icy waters. The Maine Department of Marine Resources is proposing a 2018-19 fishing season in which fishermen in most of Maine would be limited to 15 gallons per day. Fishermen in a zone that includes scallop-rich Cobscook Bay would be limited to 10 gallons per day.
 

Financial Recovery Proves Painful For Maine Hospital Group

Aug 27, 2018
Courtesy of Central Maine Healthcare / via Bangor Daily News

Jeff Brickman knew in March that conditions at Central Maine Healthcare had reached a critical point when staff openly resisted an electronic health care data management system that combined inpatient and outpatient information.

A Canadian power company says it expects to purchase dozens of hydroelectric plants across the U.S. by the end of the year _ including four in Maine.

Your Atlantic Sea Scallops Could Soon Come From Maine Aquaculture Farms

Aug 24, 2018

PORTLAND, Maine - A group of Maine aquaculture firms are looking to scale up one of the first serious attempts to farm Atlantic sea scallops in the United States.

A.J. Higgins / Maine Public

The Jackson Laboratory Thursday celebrated the completion of the first phase of its new $200 million mouse breeding facility in Ellsworth.

Greg Wells / Flickr

New England's Atlantic herring fishery could be on the verge of collapse in some areas, and federal regulators have decided to immediately reduce catch limits. Conservationists welcome the move as a way to help populations recover, but advocates for the fishing industry fear extended quota reductions over the next few years.

After an emotionally-charged city council meeting, South Portland is set to either repeal a second version of its short-term rental ordinance or send it to voters in November.

The federal government reports that wages in Cumberland County rose 3.9 percent from March 2017 to March of this year. That ranked Cumberland County 93 on a list of the 350 largest counties in the United States.

DRESDEN, Maine - The U.S. Department of Agriculture is giving small businesses in southern and coastal Maine more than a half million dollars to open up new markets, reduce energy costs and cut back on fossil fuel use.

Employers looking to bolster their workforces are being asked to consider hiring Maine prison inmates.

Gas prices in Maine were down a little this week, during what GasBuddy analyst Patrick DeHahn says has been an unusually stable summer.

Danny McL / Flickr

The Legislature’s watchdog agency will be briefed Monday on the LePage administration's decision to divert wood that has been harvested on public lands from a company critical of the governor's position on tariffs.

The agency overseeing development in Maine's vast wilderness is considering dramatic changes that would alter restrictions on where homes and businesses can be built.

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