Proponents say establishing the Maine Space Port Corp. as a quasi-state agency would maximize investments into aerospace technology from federal sources and private venture capitalists.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Another cruise cut short; passengers offloaded in Bahamas
Crystal Cruises is accused of failing to pay $4.6 million for fuel.
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Posted inBusiness, Maine, News, Politics
Lawmakers consider $30 million relief fund for Maine lobstermen facing new restrictions
As written, the bill would provide relief money via the state’s general fund, thus making it a taxpayer-funded effort.
Posted inBusiness
Late buying pushes stocks higher on Wall Street
Energy companies led the gainers in the S&P 500.
Posted inBusiness, Maine
Gov. Mills preparing utility accountability bill, with threat of consumer-owned option
The proposal could emerge as a competing alternative to the push for a statewide consumer-owned utility in Maine to replace CMP and Versant.
Posted inBusiness, Nation & World
Native American tribes reach landmark opioid settlement
All federally recognized tribes will be able to participate in the settlements, even if they did not sue over opioids.
Posted inBusiness, Maine, News
Maine banks team up to launch worker recruitment campaign
Amid the state’s labor shortage, Maine banks are struggling to hire enough workers to meet their needs.
Posted inArts & Entertainment, Business, Nation & World
For What It’s Worth: What will Neil Young’s protest mean for Spotify?
While losing him may be a psychic blow, what will really matter is if a more current artist takes up the cause.
Posted inMaine Commercial Real Estate, Real Estate
Featured Property: Fully Leased Industrial Portfolio in Portland
$6.2 million | 429 Warren Ave., Portland
Posted inMaine Commercial Real Estate, Real Estate
Maine Commercial Real Estate Transactions: January 2022
Sales and leases for land, industrial, office, retail and more