A bill sponsored by Sen. Troy Jackson, D-Allagash, and signed by Gov. Janet Mills devotes about $60 million to Maine’s child care system over the next two years.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Maine employers step up to relieve child care pressures on working parents
Finding ways to make child care more affordable and accessible is a strategy Maine businesses hope will help them find and keep employees.
advertisement
Posted inbPlus, Business
Summer’s soggy season wreaked havoc on gardens and basements alike. Will fall and winter turn off the tap?
State climatologist says the extremes in our weather that brought about a wet summer are likely to be the new normal in Maine.
Posted inBusiness, Noteworthy
Auburn medical supply retailer makes magazine’s top 5,000 list
AUBURN — Inc. magazine has ranked Bedard Medical No. 4,283 in its annual Inc. 5000 list. The most prestigious ranking of the fastest-growing private companies in America, it provides a data-driven look at the most successful companies within the economy’s most dynamic segment — its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and […]
Posted inBusiness, Lewiston-Auburn
Jet abandoned by Elite Airways at Auburn-Lewiston Municipal Airport gets repossessed
Aviation asset management company Sage Popovich obtained a special flight permit from the FAA to fly the jet out of Auburn, according to an airport official.
Posted inAndroscoggin County, Business, Franklin, Livermore Falls Advertiser, News
Jay board to review application to reduce valuation
It will be the fifth time the town has sought a sudden and severe reduction of valuation due downsizing and closing of the mill.
Posted inBusiness, Lewiston-Auburn
The Cheesy Skillet in Auburn gets ready to close
The Auburn restaurant is set to close Sept. 29 ‘or until our delicious products run out.’
Posted inBusiness
IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
A team of academic economists and IRS researchers in 2021 found that the top 1% of U.S. income earners fail to report more than 20% of their earnings to the IRS.
Posted inBusiness, Maine, News
CMP accused of overspending on storm recovery by $53.6 million
While Maine’s advocate for ratepayers says the utility exceeded staffing guidelines in 12 of 23 storms in 2022, the company says it spent the money to restore power more quickly and to avoid the criticism that has contributed to a referendum calling for a publicly owned utility.
Posted inBusiness, Maine, News
New state retirement program targets small-business employees
About 200,000 Maine workers who have long gone without employer-sponsored retirement savings plans soon will be able to save for their golden years through the Maine Retirement Investment Trust.