Central Maine Power says 5 major storms required repairs beyond what it had budgeted and is asking regulators to allow it to recoup the costs over 3 years to mitigate the rate increase.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Maine proposal to increase apprentice wages moves ahead
The state’s Maine Apprenticeship Program facilitates training and education to help fill gaps in the state’s workforce.
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Posted inBusiness, News
Liquid Sunshine to close after nearly 30 years in Farmington
The store has been temporarily closed since mid March 2020.
Posted inBusiness, Nation & World
U.S. job openings in February reached highest rate on record
The pace of job openings is a harbinger of healthy hiring and a hopeful sign for those looking for work.
Posted inMaine Commercial Real Estate, Real Estate
Featured Property: Residential development in Biddeford with Saco River access
Over seven acres and 12 lots will be sold in their entirety.
Posted inBusiness, Nation & World
Corporations gave over $50 million to backers of voting restrictions
More than 60 companies have given at least $100,000 to lawmakers who supported the restrictions.
Posted inBusiness, Maine
Bath shipyard signs new contract with Local S7 union
The new contract holds “numerous improvements to wages and benefits over the life of the contract” for the union’s roughly 200 members, according to a statement from BIW.
Posted inBusiness, Maine, News
Spectrum internet outage hits thousands of customers in Maine and New Hampshire
The company said all Maine customers were affected until service was rerouted to reconnect them after about 2 hours.
Posted inBusiness, Health
Some businesses want masks on, even as states drop mandates
The law sides with owners as a company’s premises are private property.
Posted inBusiness, Maine, Morning Sentinel
Rome holding public hearing Tuesday on potential FirstPark withdrawal
The public hearing begins at 6 p.m. Tuesday at the Rome Town Office.