Business and Economy

Business news

Maine’s close-knit groundfishing community is grieving after four fishermen were lost at sea this week. This follows the loss of two others earlier this year.

Steve Helber / Associated Press file

It turns out there’s a downside to Maine’s solar power boom — a potential $160 million annual hit for electricity consumers here. And it’s a cost hike that in turn could conceivably slow the state’s efforts to reduce global warming pollution from cars and buildings.

Robert F. Bukaty / Associated Press

Maine’s largest medical marijuana retailer, Wellness Connection, is currently converting its South Portland store from a medical marijuana dispensary to a recreational marijuana retailer.

Starting Monday, tenants having trouble paying their rent due to hardship caused by COVID-19 can apply for assistance with their December rent.

Michael Dwyer / Associated Press file

Gov. Janet Mills on Friday announced an ambitious, state-led effort to build as many as 12 floating wind-energy turbines off Maine’s coast.

The Mills administration is spending nearly $6 million in federal funds to get high-speed broadband internet to more than 700 students in unserved areas of the state.

Courtesy of Nordic Aquafarms

A controversial land-based salmon farm proposed in Belfast won three key state environmental permits on Thursday, but opponents say they are far from giving up.

The number of Mainers filing first-time claims for unemployment fell last week after three weeks of increases. But the number, 1,989, is nearly triple the rate at which people were filing unemployment claims in the weeks leading up to the pandemic.

Nora Flaherty / Maine Public file

Thirty-nine state legislators and one Portland city councilor have signed a letter asking the Portland Museum of Art not to impede a staff effort to unionize.

Susan Sharon / Maine Public file

For the third year running, Central Maine Power Co. has received worst-in-the-nation consumer satisfaction marks in a J.D. Power survey of electric utility business customers. On a 1,000 point scale, CMP received 692 points — the only mid-sized or large utility to rate less than 700 points.

Robert F. Bukaty / Associated Press

As Postmaster General Louis DeJoy calls for reform, postal workers in Maine and around the country held a day of action on Tuesday to protest recent changes they say have delayed the mail and threatened an American institution.

Robert F. Bukaty / Associated Press

Portland employers face a costly dilemma in a dispute over the effective date of a “hazard-pay” boost in the city’s minimum wage. And rather than risk an expensive legal fight they might lose, some are already deciding to pare back staff or hike prices for customers.

Robert F. Bukaty / Associated Press

Portland businesses say it’s not clear whether a voter-approved minimum wage ordinance will require them to offer minimum “hazard pay” of $18 an hour for in-person workers starting next month.

Black Owned Maine via Allagash Brewing

A Maine brewery putting its skills towards supporting racial equity and justice in the state.

Portland Mayor Kate Snyder says the city’s new wage law and its additional hazard pay provision for workers in times of emergency — such as COVID-19 — won’t go into effect until Jan. 2022.