The largest donation in school history marks the lead commitment for a new $300 million facility and investments in scientific collaboration across Maine.
Business
Business news and information from the Portland Press Herald.
Posted inBooks, Business, Life & Culture, Local & State, News
Maine’s black market for baby eels is spawning a crime-thriller subgenre
‘The Glass Eel’ is the latest of several books and TV shows to explore elver poaching.
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Posted inBusiness, Local & State, News
Central Maine Power Co. taps longtime VP as new president
Linda Ball had worked as the utility’s vice president of customer service since 2019.
Posted inBusiness, Local & State, News
Newry couple’s plans to extract lithium-rich ore remain ‘on hold’
Changes to Maine’s mining law didn’t go far enough, said Mary and Gary Freeman, who in 2021 discovered a lithium deposit on their land estimated to be worth $1.5 billion.
Posted inBusiness, Local & State, News
Is Maine approaching, or already in, a recession?
The chief economist at Moody’s Analytics included the state among nearly 2 dozen considered ‘in or at high risk’ of a recession, but the Maine state economist is pushing back and says employment is steady.
Posted inBusiness, Health, Local & State, News
Nurses prepared to strike at 2 Aroostook County hospitals
Nurses at Northern Maine Medical Center in Fort Kent and Houlton Regional Hospital are working without a contract and say concerns about staffing, recruitment, pay and safety have not been addressed in negotiations.
Posted inBusiness, Local & State, News
Jetport receives $11 million in FAA infrastructure grants
The funding will cover five new passenger jet bridges and snow removal equipment, and is part of a grant package approved by the Portland City Council in January.
Posted inBusiness, News
Offshore wind could have saved New England ratepayers millions last winter
A recent report found that projects off Massachusetts and Rhode Island could have driven down wholesale electricity costs throughout the region if they had not been delayed.
Posted inBusiness, Health, Local & State, News
ACA premiums to rise an average of nearly 24% in Maine
Some Affordable Care Act enrollees could see premiums jump even higher if Congress doesn’t extend subsidies set to expire at the end of 2025.
Posted inBusiness, Local & State, News, Times Record
King’s Head Pub takes over old haunt in Freeport
A restaurant with two established locations is returning pub food to Freeport’s menu, almost a year after the closure of the Jameson Tavern.