The fishery has less than 6 years to come up with a new way of harvesting its catch – or risk regulations that could put lobstermen out of business.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Noteworthy
New Ventures Maine announces self-paced, online and in-person free classes
New Ventures Maine has announced free classes this month, including self-paced, online, and in-person workshops designed to help people gain the skills, knowledge and confidence to start a business, build a career and manage money. Self-paced classes include: My Next Career Move: Assess your skills, interests, and experiences and relate them to career options. Identify high-growth job […]
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Posted inBusiness, News, Oxford Hills
Norway renews liquor license for Pizza Xchange
Thursday was the first Select Board meeting since the hiring of interim Town Manager Bradley Plante.
Posted inBusiness, Nation / World, News
TurboTax customers to receive checks in $141 million settlement
TurboTax’s owner Intuit Inc. was ordered to pay $141 million to low-income consumers who were deceived into paying TurboTax to file their federal returns, despite being eligible for free, federally supported tax services.
Posted inBusiness
U.S. adds a strong 253,000 jobs despite Fed’s rate hikes
The unemployment rate ticked down to 3.4%, matching a 54-year low.
Posted inBusiness, Maine, News
Mainers will decide whether to replace CMP, Versant with a nonprofit utility
After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
Posted inBusiness, News
Lawmakers mull bill to limit nurse-to-patient ratios in Maine hospitals
The legislation is intended to reduce the patient load for overworked nurses, but hospital officials say the bill would do nothing to address a shortage of clinicians.
Posted inBusiness
The banking crisis isn’t over. But how bad will it get?
Markets do not appear to have been reassured by prominent names in finance who say instability in the banking sector ended with the takeover Monday of First Republic Bank, the third bank failure in short order.
Posted inBusiness, Lewiston-Auburn
Auburn awards grants to 3 corner markets, 2 more under consideration
Pilot project looks to rejuvenate neighborhood stores that were outlawed more than 60 years ago.
Posted inBusiness, Maine, News
Train track in Belgrade washed out as state, railroads repair storm damage
Sunday’s storm, which dumped up to 5 inches of rain in central Maine, has caused washouts and other damage to tracks across the state.