But because of consumers’ complaints, companies are likely to continue rolling out the usage-based models slowly.
Whit Richardson
Falling gas prices nick WEX income in 3rd quarter
The South Portland-based company reports a 25 percent drop in net income, but expects that acquisitions will reduce the company’s exposure to volatile gas prices.
Rapport continues win streak at NYC Cleantech Summit
The Portland startup will gain a national audience when it travels to San Francisco for a chance to win $200,000.
Maine trade delegation sets sights on China’s vast middle class
The group is heading overseas to build ties that will bring students and vacationers to the state and find more buyers for seafood and other products.
Maine companies break quarterly record for venture capital investment
Vets First Choice and CashStar together break a 15-year-old record for most VC raised in a single quarter.
WEX announces $80 million acquisition of billing software firm
The South Portland-based payment technology company intends to acquire Benaissance, a Nebraska-based health care software company, by year’s end.
New list names Maine 11th most entrepreneurial state
NerdWallet compiled new small-business lending and Census data to formulate its list
LePage tells Lewiston crowd: ‘I care for the poor’
About 50 people turn out in the governor’s hometown to hear him talk about his plans to lower the state income tax, reform welfare and reduce energy costs.
Lincoln Paper finds potential buyer to begin auction at $5 million for its machinery
A federal bankruptcy judge OKs the purchase agreement and reapproves a loan allowing the mill to continue operating during bankruptcy proceedings.
Portland to get its only direct bus service to New York City
Concord Coach Lines expects the six-hour trip, roomy leather seats and Wi-Fi to be popular with business and leisure travelers.