NECEC Transmission LLC said it will cease work on the $1 billion project until its legal challenge to a pending statutory ban plays out in court.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State
Deadline approaches for Maine small employer relief grants
Grants ranging from $250 to $50,000 are available for Maine small businesses and nonprofits that have struggled because of the coronavirus pandemic.
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Posted inBusiness, Nation & World
Insurers balk at paying for biogen’s $56,000-a-year Alzheimer’s treatment
Health insurers and government programs will play an outsize role as gatekeepers for Aduhelm, which the Food and Drug Administration approved despite objections from its scientific advisers and contradictory clinical trial results.
Posted inBusiness, Local & State
Union stagehands demand new Merrill Auditorium contract
Stagehands and supporters picketed a performance staffed with non-union labor Thursday to pressure the city of Portland to renegotiate an exclusive labor agreement for the publicly owned venue.
Posted inBusiness, Health, Local & State, News
More than 8,000 Mainers have gotten health insurance through the state’s new marketplace
During the first 2 weeks of enrollment, a total of 8,278 Mainers signed up for health insurance coverage through Maine’s new marketplace.
Posted inBusiness, Food & Dining, Local & State, News
Stonewall Kitchen closing cooking school after 13 years
The specialty food company says it will open a Stonewall Home Store in the space at its York headquarters in the spring.
Posted inBusiness, Local & State, News
Boxes are piling up at Maine businesses, creating safety problems
South Portland firefighters worry about stores that have boxes in aisles and blocking exits and not enough workers to move them.
Posted inBusiness, Nation & World
Pressure on Fed’s Powell is rising as inflation worsens
Federal Reserve Chair Jerome Powell surely expected to have some breathing room after taking the first step this month to dial back the Fed’s emergency aid for the economy
Posted inBusiness, Local & State
3G network shutting down in Maine, affecting older phones, devices
Some older cellphones will not be able to make or receive calls or texts after the switch and other devices like medical alert devices, smart watches, vehicle SOS services, home security systems and tablets could stop working.
Posted inBusiness, Nation & World
Thanksgiving dinner will cost 14% more this year, annual survey finds
Overall food prices are up for the last year, and that means paying more for Thanksgiving dinner. In its 36th annual survey, the American Farm Bureau Federation (AFBF) revealed Americans will pay 14 percent more for the Thanksgiving feast. Disruptions in the supply chain, inflation and food demand since the pandemic are driving up the […]