The energy giant hoped to renew or amend the licenses of four Kennebec River dams, but plans to sell them to The Nature Conservancy in the next year and extensive ecological conditions in a draft permit approval led Brookfield to withdraw.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
Maine Trust for Local News wins more than 100 awards at annual press contest
The Maine Press Association added 2 former journalists from the Portland Press Herald to its Hall of Fame.
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Posted inBusiness, Local & State, News
40,000 Mainers’ Medicare Advantage plans will be canceled next year
Insurance companies are scaling back Medicare Advantage offerings and leaving some parts of the state, insurance regulators announced Friday.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Food & Dining, Local & State, News
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.’
Posted inBusiness, Local & State, News
The case for Wabanaki land return in Maine outlined in new report
The Maine Center for Economic Policy says the state should pay for the return, or offer co-management, of state land due to uncompensated theft.
Posted inBusiness, Local & State, News
Portland Jetport not showing video that blames shutdown on Democrats
Several major U.S. airports have declined to display the video of Homeland Security Secretary Kristi Noem because of its partisan content, according to local authorities.