The new rates approved by regulators Wednesday will hike Central Maine Power customers’ bills by 11.5% starting Aug. 1.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Some CEOs took a pay cut in 2020 – and still wound up earning more
Financial experts say executives at hundreds of publicly traded companies voluntarily lowered their own base salaries, but it did little to save their companies’ money or boost employee salaries.
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Posted inBusiness, Maine
Consolidated Communications workers in northern New England authorize strike
Union reps say the labor contracts of over 1,000 workers in Maine, Vermont and New Hampshire expire Aug. 7, and negotiations over new contracts have stalled.
Posted inBusiness, Food & Dining
The Wrap: MOFGA store opens for the season
Mainers win specialty food awards. Lobster pizza lures diners.
Posted inBusiness, Maine
Farmington shoppers cope with Maine’s plastic bag ban
Shoppers at Farmington’s Walmart Supercenter have mixed feelings about Maine’s new ban on disposable plastic bags, which went into effect July 1.
Posted inBusiness, Nation & World
Russia-based ransomware gang is offline, but the reason is unclear
There were no signs that the Russian government had anything to do with REvil going offline, and it is possible that the group is laying low after its recent high-profile attacks, or switching methods.
Posted inBusiness, Maine, News
Scarborough market cited for child labor violations
On the Vine Marketplace paid a $27,274 fine after a U.S. Department of Labor investigation into teenagers’ hours and use of equipment.
Posted inBusiness, Maine
Maine identifies preferred site for offshore wind research array
The site is a 16-square-mile area in the Gulf of Maine located about 30 miles off the Maine coast.
Posted inArts & Entertainment, Business, Maine, News
Maine Public names its new president and CEO
Rick Schneider comes from Washington, D.C., with a long career in journalism, philanthropy and public broadcasting.
Posted inBusiness, Maine
State indefinitely extends license suspension of Lewiston cremation business
The license suspensions are in place until a future public hearing when all complaints related to Affordable Cremation Solution and its owner, Kenneth Kincer, can be heard at the same time.