The pharmacy giant operates 26 stores in Maine.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, News
Regulators to consider allowing Maine fishermen to catch more valuable baby eels
The eels are typically worth more than $2,000 per pound because of their value to Asian aquaculture companies, which raise them to maturity and sell them for use in Japanese restaurants around the world.
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Posted inMaine Commercial Real Estate, Sponsored
For sale: Industrial/flex building in Brewer, Maine
$1.75 million | 541 Wilson Street/U.S. Route 1, Brewer
Posted inBusiness, Maine
Martin’s Point fraud settlement highlights shortcomings in Medicare Advantage program
Overcharging in Medicare Advantage plans has been happening across the country, experts say, although the Maine case is one of the largest uncovered by the Justice Department.
Posted inMaine Commercial Real Estate, Real Estate, Sponsored
Maine Commercial Real Estate Transactions: July 2023
Broker submitted sales and leases for land, industrial, office, retail and more.
Posted inBusiness, News
The first U.S. nuclear reactor built from scratch in decades enters commercial operation in Georgia
At its full output of 1,100 megawatts of electricity, Unit 3 can power 500,000 homes and businesses.
Posted inBusiness
Federal officials are investigating a close call between an airliner and a private jet over Florida
The National Transportation Safety Board said Monday that it was gathering information about the incident before deciding whether to open an investigation.
Posted inBusiness, Nation & World, News
As work begins on the largest U.S. dam removal project, tribes look to a future of growth
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife.
Posted inBusiness, Maine, Nation & World, News
Researchers, fishing crews, birds clash over all that horseshoe crabs provide
The biomedical industry is adopting new standards to protect a primordial sea animal that is a linchpin of the production of vital medicines.
Posted inBusiness, Maine, News
Martin’s Point Health Care to pay $22 million to settle Medicare fraud claims
An agreement announced Monday, the largest Medicare fraud settlement in state history, includes a $3.8 million payment to a whistleblower who sued Martin’s Point in 2018 alleging that it was miscoding the health conditions of Medicare Advantage patients.