Insurance companies are scaling back Medicare Advantage offerings and leaving some parts of the state, insurance regulators announced Friday.
Business
Business news and information from the Portland Press Herald.
Layoffs loom for 2,500 Maine state workers who are federally funded
The layoffs would be done according to seniority, so federally funded employees could bump less senior workers whose jobs are state funded.
Stonewall Kitchen to end candle production in Wells
The York-based company is eliminating 32 jobs and outsourcing production of its Village Candles to a third party in New Hampshire.
Maine company will reissue otter T-shirt Taylor Swift wore in ‘Showgirl’ film
Liberty Graphics in Midcoast Maine will reprint the shirt as part of a fundraising campaign to benefit the Monterey Bay Aquarium in California. Swifties donated more than $1.3 million in a day.
Maine investigating how 911 calls were misrouted for nearly 2 years
Union River Telephone Co. sent calls from some Hancock and Washington county residents to an administrative line at the dispatch center. It is unclear whether it delayed responses to emergencies.
Back Cove Festival contract sent to Portland City Council, despite concerns
After several weeks of negotiations to address concerns about transparency and community impact, the Housing and Economic Development Committee advanced an agreement that would extend the Payson Park festival through 2028.
Portland’s Allagash Brewing wins big, again, at the Great American Beer Festival
The brewery took home top honors in its category for the third time.
Maine’s first large-scale AI data center planned for Aroostook County
The data center at the former Loring Air Force Base in Limestone will use Canadian hydropower and could open within 6 months.
New brewery opening in Milo in former Bissell location
The brewery’s tap room will also showcase beer, wine and spirits from around the Maine Highlands region.
Halloween candy prices are up in Maine
A punishing cocoa season has pushed chocolate prices up, leaving some Mainers to choose between spending more or skipping out on ‘the good stuff.’