The Public Utilities Commission will try to determine whether the capital expenditure costs alleged in the lawsuit are being recovered in CMP’s electricity rates.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Kamala Harris unveils plan for electric vehicle charging network
The Biden administration has released a federal strategy to build 500,000 charging stations for electric vehicles across the country and ultimately transform the U.S. auto industry.
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Posted inBusiness, Maine, Uncategorized
UMaine System among 60 finalists for $1 billion in federal economic grants
The University of Maine System is among the finalists going into the next round of competition.
Posted inBusiness, Maine
Squadron created to oversee submarines during overhauls at Kittery yard
The change revives the tradition of a storied squadron that was created in the 1930s and relocated to the Pacific Theater in World War II.
Posted inBusiness, Nation & World
Cod fishing limits to be slashed again, regulators say
Fishing industry managers are recommending the already-diminished U.S. cod fishery be reduced in Georges Bank, but stay the same in the Gulf of Maine.
Posted inBusiness, Nation & World
Medicare urged to flex its power and slash back premium hike
The head of a Senate panel that oversees Medicare says the Biden administration should cut back a hefty premium increase that soon will hit millions of enrollees.
Posted inBusiness, Maine, Uncategorized
Maine jobless claims grew due to seasonal factors
Maine labor officials say the uptick in claims in Maine for the week that ended Dec. 4 is consistent with trends that predate the COVID-19 pandemic.
Posted inBusiness, Kennebec Journal, Maine
Winthrop business finds success in adding retail to her online natural skincare business
Kristin Mutchler already had a thriving online natural skincare business with Pickles Potions & Lotions, and in a time when more people are shopping online because of concerns about COVID-19, she has opened a retail shop in Winthrop.
Posted inBusiness, Maine Cannabis Report
Massachusetts company weeds out competition, bakes 850-pound pot brownie
MariMed Inc. says the brownie, containing 20,000 mg of THC, will ultimately be sold to a medical marijuana patient.
Posted inBusiness, Maine, New England, News
Maine employers reopen offices, but keep remote work option
More than 70 percent of offices in the region have reopened, according to a survey this fall by The Boulos Co., but many employers are reshaping them to accommodate pandemic-era safety protocols.