Business and Economy

The Man Who Owns 6 Of Maine’s 7 Daily Newspapers Just Bought A Bangor Magazine

By By Charles Eichacker - Bangor Daily News • 9 hours ago

A Bangor city councilor who started the magazine Maine Seniors recently sold his publication to Reade Brower, the owner of six of Maine’s seven daily newspapers and weekly newspapers across much of the state.

Gifford's Drafted To Serve As Official Ice Cream Of Patriots

By AP • 9 hours ago

A Maine company has been named the official ice cream of the New England Patriots.

Lobstermen To Rally In Stonington Sunday To Protest Proposed Federal Gear Rules

By Fred Bever • 11 hours ago

Lobstermen and their supporters, including top-elected officials, will rally in Stonington on Sunday to make a united plea for their livelihoods.

Supreme Court Set To Issue Ruling On Northern Pass

By AP • Jul 19, 2019

CONCORD, N.H. - The New Hampshire Supreme Court is set to rule on whether a state committee erred when it rejected a controversial project that would have brought hydropower from Canada to markets in southern New England.

Maine-Nova Scotia Ferry Service Further Delayed

By AP • Jul 17, 2019

BAR HARBOR, Maine - Ongoing construction has further pushed back the start date for ferry service between Maine and Nova Scotia.

CMP To Appear Before State Regulators Over Billing System

By Fred Bever • Jul 16, 2019

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CMP To Appear Before State Regulators Over Billing System

Central Maine Power’s billing practices and other controversies involving the state’s largest utility are in the spotlight in Portland on Tuesday.

Court Rules In Favor Of Letting Planned Salmon Farm Go Ahead

By AP • Jul 16, 2019

BELFAST, Maine - A Maine judge says a city that is working with an aquaculture developer on a large project did not break the law when it changed a land use plan to let the development move forward.

Gas Prices Rise A Bit In Northern New England

By AP • Jul 15, 2019

CONCORD, N.H. - Gas prices continue to rise in northern New England, though they remain lower than the national average.

Regulators To Review 3 Additional Months Of CMP Billing

By AP • Jul 12, 2019

Central Maine Power has delivered copies of some customer's utility bills to state regulators for review.

Portland’s Minimum-Wage Workers Get An 11-Cent Raise

By Nick Schroeder - Bangor Daily News • Jul 12, 2019

Portland’s full-time minimum-wage workers just received a raise of $220 a year. On July 1, the minimum wage within city limits jumped up to $11.11, an 11-cent increase over the previous level of $11.00 per hour, which has been the statewide minimum wage since Jan. 1.

Former Portland Monastery Could Be Resurrected As Affordable Housing

By AP • Jul 12, 2019

PORTLAND, Maine - A one-time monastery in Maine's largest city might see a new life as affordable housing. Portland developer Josh Soley wants to convert the West End building into single-occupancy rooms.

Maine Will Defy 'Foolish' Fed Targets For Reducing Risks Of Right Whale Entanglement In Lobster Gear

By Fred Bever • Jul 11, 2019

A showdown over lobsters and whales appears to be brewing between Maine and the federal government.

How The Blackbelly Rosefish From South America Could Help Maine Lobstermen Who Are Short On Bait

By Nick Sambides Jr. - Bangor Daily News • Jul 11, 2019

Courtesy of Cooke Aquaculture / via Bangor Daily News

The state for the first time has approved using fish raised off the coast of Uruguay as lobster bait to help offset a bait shortage that could increase lobster prices.

State Ag Officials Ask Federal Government For Assistance For Wild Blueberry Growers

By Robbie Feinberg • Jul 10, 2019

Maine agriculture officials are asking the federal government to help out wild blueberry growers as they deal with the effects of rising trade disputes with foreign countries.

Maine Delegation Wants Trump To Intervene On Whale Rules That Could Hurt Lobster Fleet

By Fred Bever • Jul 10, 2019

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Maine Delegation Wants Trump To Intervene On Whale Rules That Could Hurt Lobster Fleet

Maine’s Congressional Delegation is appealing directly to President Donald Trump to intervene in a federal rulemaking process that aims to protect the endangered North Atlantic right whale, but which could cause large-scale disruption in this state’s lobster industry.

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