Business and Economy

Business news

Walmart Inc. has agreed to change its policy for reassigning disabled workers to settle a lawsuit by the U.S. Equal Employment Opportunity Commission.

Plan For 120-foot Cellphone Tower On Route 1 In Rockland Worries Neighbors

Nov 16, 2019
Lauren Abbate / BDN

A Massachusetts-based communications company is seeking to construct a 120-foot tall cellphone and radio tower on Route 1 in Rockland.

Maine Maritime Academy via Facebook

A degree from Maine Maritime Academy generates one of the highest returns on investment in the country, according to a new report released Thursday from researchers at Georgetown University. The report's authors say the latest data provide a new measure to gauge a school's value — beyond its national reputation.

Maine Moves Forward With Canadian Drug Importation Plan Absent Federal Guidance

Nov 15, 2019
Robert F. Bukaty / AP

Maine has begun developing a plan to import prescription drugs from Canada under a new law without guidance from the federal government, which will eventually have to sign off on the state roadmap.

Pat Wellenbach / AP File

An international group of scientists, conservationists, fisheries managers and others are gathered in Portland this week for the annual meeting of what's called the North Atlantic right whale Consortium.

Gabor Degre / BDN

A hospital administrator from Maine is stepping down to become chief operating officer of the American Hospital Association.

Mainer's personal income grew in 2018, but nowhere faster than in Knox County. The federal Bureau of Economic Affairs reported Thursday that the personal income of residents in the Midcoast county grew by 5.9 percent.

Hannaford

Hannaford Supermarkets says it is joining with hunger relief organizations in Maine and other states in the Northeast to establish 90 school food pantries. The company says it is committing $1 million, about $300,000 of which will go to Maine.

Mal Leary / Maine Public File

Democratic Gov. Janet Mills says she does not plan to get involved in a potential ballot campaign that could determine whether Central Maine Power (CMP) can build a controversial transmission line through Western Maine, even though she supports the project.

Maine Public File

Electricity prices for Central Maine Power's (CMP) customers will drop next year, under a decision Wednesday by the state's Public Utilities Commission (PUC).

Maine Public File

The Portland Regional Chamber of Commerce is urging businesses to support improvements to the region's mass transit systems.

An Ontario-based company is set to buy the cloud-based data protection business Carbonite, which operates a call center in Lewiston.

Troy R. Bennett / BDN

Electricity prices are on a downward trend in New England, and for most Bangor-area residential customers of Emera Maine, that will mean an 8 percent reduction in their bills in 2020.

Courtesy Verso Mill

Verso Corp. is selling the Androscoggin Mill in Jay, along with another mill in Wisconsin, for $400 million.

maine.gov

Maine’s unemployment rate now stands at less than 3%. But if you were to add in other categories of the labor force, such as part time workers seeking full-time jobs, and people who have given up trying to find work, the number of unemployed Mainers swells to over 20,000, which is nearly 7%. The state Department of Labor says it is trying to match all of those people with either jobs, or training programs that will lead to jobs. Maine Public’s Mal Leary spoke with Commissioner Laura Fortman about how those efforts are going.

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