If a deal between Avangrid and PPL goes through, a small state like Maine could lose even more influence over utility operations under what would be one of the nation’s largest energy companies, analysts say.
maine businesses
Posted inBusiness, Local & State, News
BIW union hopes to sink subcontracting plan that company says it needs
The shipyard says it needs temporary workers to complete a backlog of military orders, but the machinists’ union says that would violate its contract.
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Posted inBusiness, Food & Dining, News
Portland’s Terlingua restaurant moving to former site of Silly’s
The owners of Terlingua, a barbecue restaurant on Washington Avenue in Portland, say the move into Silly’s former space will allow them to expand.
Posted inBusiness, Food & Dining
The Wrap: Restaurant changes, bundt cakes and smoked seafood
Lio makes changes, Schulte & Herr takes a short break, and a Monument Square coffee shop changes hands.
Posted inBusiness, Local & State
Maine home sales set record in September
Sales of existing single-family homes increased by 11% from a year earlier, while the median home sales price increased by 6.4% to $228,750.
Posted inBusiness
New 10-cent surcharge on Maine phone lines will fund broadband expansion
The surcharge approved by the Legislature will be used to support broadband expansion projects in the state starting in 2020.
Posted inBusiness, Local & State, Maine Cannabis Report
Slow rollout in marijuana sales cost Maine revenue and jobs
Three years after legalizing adult-use marijuana, the state’s still waiting for retail shops. Consultants say the economy paid the price as dollars and expertise went elsewhere.
Posted inBusiness
Internet companies leave customers in the dark on storm-related outages
Providers don’t disclose the scope of outages or predict when service will be restored – because they don’t want to, and because they can’t.
Posted inBusiness, Local & State
Maine’s jobless rate for September, at 2.9%, extends historic low streak
The state’s estimate of unemployed people in the Portland metro area was even lower, at 1.9%.
Posted inBusiness, Local & State, News
Biological sciences industry on the rise in Maine, new report shows
Job growth in the sector has been 14% over the past 5 years, compared with only 4% for all industries combined, says the Bioscience Association of Maine.