Industry representatives and state officials said the bill could have unintended consequences and might be unconstitutional.
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Posted inBusiness, Local & State
Maine lobster at risk of losing a sustainability label over right whale concerns
The California-based Monterey Bay Aquarium Seafood Watch program is considering which species to add to its ‘red list.’
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Posted inBusiness, Local & State
Maine home listings pricey and scarce, with mortgage rate hikes on the way
Home prices in the state continued to rise in the first month of the year, while the number of available homes for sale continued to fall.
Posted inBusiness, Local & State
State utility regulators order investigation into CMP’s management
The PUC will look into how CMP parent Avangrid’s desire for profit might have affected operations in Maine, but it also will discontinue a financial penalty imposed on the utility.
Posted inBusiness, Local & State
Elite Airways to offer more flights between Portland and Florida
The Portland-based airline plans weekly flights to St. Augustine in northeast Florida and Vero Beach in east central Florida starting March 26.
Posted inBusiness, Local & State
Committee endorses $30 million relief fund for Maine lobstermen
Publicly funded, industry-specific relief efforts are unusual, but one lawmaker said the unique challenges facing lobstermen warrant it.
Posted inBusiness, Local & State
Higher prices boost 2021 Maine lobster landings to record $725 million
Despite its record-breaking value, the haul was one of the smallest in the past decade. It was a huge jump in price that pushed the value over the top.
Posted inBusiness, Local & State
Maine businesses and residents feel inflation’s bite
Business owners and consumers say higher prices threaten to slow the state’s economic recovery as inflation hits a 40-year high.
Posted inBusiness, Local & State, News
Proposal for lobster industry legal defense fund gets divided response
The Legislature’s Marine Resources Committee took comment Tuesday on a proposal to help pay for the industry’s court battles against regulators.
Posted inBusiness, Local & State, News
Maine leaders seek delay of May 1 deadline for whale-friendly lobstering gear
Gov. Janet Mills and all four members of Maine’s congressional delegation say the federally mandated equipment is expensive and hard to get.