The machine, developed by Ocean’s Balance, is intended to solve the exacting challenges seaweed farmers face when trying to preserve their harvest.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Hackers, data breaches put more Mainers at risk in ‘ongoing chess game’
Experts say cybercrime is on the rise, and it’s getting harder to catch the crooks. In Maine, data breaches are being recorded nearly every day.
Croft wins $25,000 prize in Dirigo Labs pitch competition
Maine-based Croft secured a $25,000 prize sponsored by Skowhegan Savings Bank at the Dirigo Labs accelerator’s second pitch competition in Waterville. Based in Rockland, Croft creates high-performance buildings that actively sequester carbon from the environment. Founder Evan Ryan’s pitch featured plans outlining the company’s commitment to creating housing and sourcing materials from local farms, fields, […]
Direct Communications awarded Reach Me Line Extension grant
UNITY – Direct Communications, formerly known as UniTel, has been awarded a Reach Me Line Extension grant by the Maine Connectivity Authority to utilize its existing broadband network to expand high speed fiber in the towns of Burnham, Dixmont, Newburgh, Thorndike, Troy and Unity. This award was part of $20 million awarded to internet service […]
Golden Pond Wealth Management’s Katherine Higgins earns license
WATERVILLE — Katherine Higgins of Detroit, relationship manager at Golden Pond Wealth Management has successfully completed the requirements for her investment securities license. The exam focuses on stocks and bonds, investment risk and interactions with clients. Higgins is now preparing for the Uniform Combined State Law exam.
Somerset County Sheriff’s Office receives Maine Law Enforcement Accreditation Program accreditation
The Somerset County Sheriff’s Office in Madison was officially awarded Maine Law Enforcement Accreditation Program accreditation May 3. The MLEAP is a voluntary process where police agencies in Maine prove its compliance with Maine law enforcement’s current best practices or standards. The Maine Chief’s of Police Association developed the accreditation program to assist Maine police […]
Wall Street slips as households get more nervous
Markets react to worries about a possible recession, high inflation and the government inching toward a catastrophic default on its debt.
China orders recall of 1.1 million Teslas
Drivers might step on the accelerator for too long, increasing the risk of a crash.
McDonald’s found liable for hot Chicken McNugget that burned girl
The case is reminiscent of the famous hot coffee lawsuit of the 1990s.
G-7 talks focus on ways to fortify banks, supply chains
But Beijing lashes back, accusing the club of wealthy nations of hypocrisy.