Over the past 20 years, OTIS FCU has returned more than $8 million to both its savers and borrowers through this practice.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Health, Maine, News
Following outcry, Maine health department waters down proposed staffing ratios
The Department of Health and Human Services released a new proposal with less aggressive increases than were initially proposed, and will give residential care facilities 2 years to phase in the changes.
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Posted inBusiness, Maine, News
Maine still relies heavily on fossil fuels but calls zero-carbon goals ‘achievable’
A new report says electricity to heat homes and power vehicles is gaining an increasing share of Maine’s energy landscape, but petroleum dominates.
Posted inBusiness, Nation / World, Politics
Supreme Court backs law banning TikTok if it’s not sold by parent company
President-elect Donald Trump has vowed that he can negotiate a solution but finds himself in opposition to prominent Senate Republicans.
Posted inBusiness, Health, Maine
Maine hospitals sound alarm about proposed cuts in Gov. Mills’ budget
The reimbursement rate cutbacks would amount to about a 36% cut in Medicaid payments to some doctors, according to hospital operators.
Posted inBusiness, Maine
A PFAS-free fire suppressant made with Maine wood could fight wildfires
The chemical-free extinguisher could move to the market — and onto firefighting airplanes — quickly. But getting it certified will take time and money.
Posted inBusiness, Nation / World
Trump tasks congressman with writing executive order he could issue to halt offshore wind
Sen. Angus King asked Doug Burgum, the president-elect’s pick to be Interior secretary to convince Trump wind power ‘isn’t all bad.’
Posted inBusiness, News
Maine body movement expert teaches farmworkers how to avoid injury
Freeport-based consultant Cynthia Flores helps farmers and their employees reduce injuries that cost the U.S. about $11.3 billion annually.
Posted inBusiness, News, Politics
Golden proposes universal 10% tariff, saying it will protect Maine workers
The Democrat says his proposal, first introduced in September, would make the U.S. more equal with trading partners that for years have protected their industries and workers.
Posted inBusiness, Noteworthy
Auburn woman joins Fontaine Family Team
AUBURN — Jaime Brochu has joined Fontaine Family — The Real Estate Leader’s Auburn team. Brochu, grew up in Greene and attended Leavitt High School. She had an 11-year career with Norway Savings Bank as the loan operations assistant manager and assistant vice president for mortgage originations. A resident of Auburn, she holds a sales […]