Security Limits CEO Paulo Silva says he consulted for Avangrid and helped it implement his cybersecurity system designed to protect industrial infrastructure from attacks.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Regulators watch lawsuits between CMP’s parent company and contractor that accused it of fraud
A contractor’s federal lawsuit accuses Avangrid of price-fixing and overpaying for products, while the energy company has accused the contractor of attempted extortion.
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Posted inBusiness, Nation / World
Regulators scrutinize Trump media venture; Rep. Devin Nunes named CEO
The SEC could be looking at whether a blank-check company that aims to take Trump Media & Technology Group public violated the law by holding merger discussions and misleading potential investors by failing to inform them before its recent IPO.
Posted inBusiness, Lewiston-Auburn, News, The Buzz
Work stops, for now, on NECEC’s $250 million Lewiston converter station project
• A new addition for the former Promenade Mall in Lewiston.
• Work is finished on St. Mary’s new behavioral unit, now set to open in two weeks.
Posted inAndroscoggin County, Business, News
Moxie Commerce group may soon be giving Lisbon businesses a helping hand
A new organization will help local businesses collaborate and network.
Posted inBusiness, Nation / World, News
‘Christmas is not canceled, everyone will be able to find a Christmas tree’
Christmas trees, live and fake, are being needled by the same supply-chain issues affecting everything else.
Posted inBusiness
New Mexico approves public financing for cannabis businesses
The state’s finance authority is planning for a $5 million line of credit for entrepreneurs, with an average loan size of about $100,000.
Posted inBusiness, Nation / World
Marijuana sales taxes poised to buoy states when pandemic aid runs out
State tax revenues from cannabis are forecasted to reach $12 billion by 2030.
Posted inBusiness, Maine
Gas prices drop by a lot in parts of northern New England
Prices in Maine fell 2.9 cents per gallon over the past week, according to GasBuddy, which surveys stations.
Posted inBusiness, Maine, Nation / World
CMP parent company countersues former subcontractor, claiming defamation
Avangrid says Paulo Silva is a disgruntled former subcontractor who’s upset his company wasn’t awarded new contracts. Last week, Silva sued Avangrid alleging bid-rigging and racketeering.