As carbon credits gain traction, efforts are underway to help small-scale forest landowners participate.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Local & State, News
Maine researchers adjust grant proposals, priorities to align with federal guidelines
“The minute the election happened, we started trying to change how we spoke about our work,” said Deborah Bronk, president and CEO of Bigelow Laboratory for Ocean Sciences in East Boothbay.
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Posted inBusiness, Local & State, News
Mainers face higher inflation with tighter incomes than rest of nation
Despite the strain, residents’ earnings are at least keeping pace with climbing prices within the state.
Posted inBusiness, Local & State, Nation & World, News
Rising inflation strains Americans and affects rent, minimum wage in Maine
Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures.
Posted inBusiness, Local & State, News
Common Ground Fair looks to set another record after years of growth
Attendance at the longstanding Unity event had been dropping in the years leading up to the pandemic. But turnout reached an all-time high in 2024, and organizers are hopeful the trajectory will continue.
Posted inBusiness, Local & State, News
Bette Davis’ former home in Cape Elizabeth sells for $13.4M
The purchase of the nearly 8-acre property — which features a 7,600-square-foot home, a guest house and almost a quarter-mile of ocean frontage — is Maine’s priciest home sale in at least a decade, according to a broker.
Posted inBusiness, Local & State, News
Lewiston-Auburn-Portland commuter bus sees record ridership this summer
The LAP is in the second year of a two-year pilot project.
Posted inBusiness, Local & State, News, Outdoors
Driver in fatal Flagstaff Lake pontoon accident had just sold Eustis market to victim’s relative
Wonderland Holdings LLC, whose president is Nasir Hakeem, purchased Pines Market in February from John Morris of Eustis.
Posted inBusiness, Local & State, News
Avelo Airlines ends flights from Portland jetport for season
Protestors in Portland have criticized the commercial airline company for its deportation flights in Arizona. Officials with the airline and jetport say the seasonal route was already set to stop at the end of August.
Posted inBusiness, Local & State, News, Politics
Maine Republicans urge Trump administration to revoke Gulf of Maine wind leases
In a letter to federal officials, Maine Republicans applauded the termination of $600 million in offshore wind projects across the U.S. and asked for offshore leases in the Gulf of Maine to also be canceled.