The Navy’s award includes funds for radar design upgrades that will enhance the warships’ ability to detect ballistic missiles.
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Posted inBusiness, Local & State, News
Bean Group buys Maine Real Estate Network
With the deal, Bean Group becomes one of the largest residential real estate companies in northern New England.
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Posted inBusiness, Local & State, News
LePage wants to develop a new gas pipeline from Quebec
The governor says a new gas line could lower prices in Maine, but it would cost hundreds of millions of dollars and some people at a conference in Falmouth say the idea is unrealistic.
Posted inBusiness, Local & State, Maine Cannabis Report, News, Politics
Legislative panel signs off on bill to spell out Maine’s rules for recreational pot
The committee that’s drafting regulations for Maine’s legal recreational market endorses the bill 13-2, but some lawmakers are concerned about Gov. LePage’s opposition to legalization.
Posted inBusiness, Food, Life & Culture, Local & State, News
Closure of Dennis’ Pizza in Gardiner ends an era
Andrew and Kara Waller say what they have learned owning the restaurant will serve them well in their next business venture, whatever it may be.
Posted inBusiness, Local & State, Maine Cannabis Report, News, Politics
As lawmakers add, cut and tweak, Maine’s law for recreational marijuana takes shape
The oversight committee adopts stricter residency requirements for licensing; broadens allowances for growing pot; and preserves the 12-plant limit on adult-use grows.
Posted inBusiness, News
UMaine timber commercialization center gets federal startup money
The planned facility will aim to promote new technologies and bring innovative mass timber manufacturing to Maine.
Posted inBusiness, Local & State, News
Anthem leaving Maine’s ACA marketplace, citing uncertainty
The insurer says it will not sell individual plans in 2018 and will reduce off-marketplace health policy options.
Posted inBusiness, Local & State, News
Wex may repurchase up to $150 million worth of shares
The company’s board of directors authorizes the extension of an existing buyback program, which is subject to market conditions.
Posted inBusiness, Local & State, News
‘Massive’ Casco Bay algae bloom threatens marine life
The phytoplankton isn’t hazardous to humans, but has caused fish die-offs in other parts of the world and could be connected to a $250,000 loss of clams in Brunswick.