Three board members nominated by an investment group could pave the way for a merger with another paper company, the company’s board of directors warns shareholders.
maine businesses
Posted inBusiness, Food & Dining
Maine Food A to Z: Our annual roundup
In 2019, we embraced hard cider, mocktails and oat milk; fretted about the impact of climate change on our food supply; and mourned some beloved – now shuttered – restaurants.
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Posted inBusiness, Local & State, News
Business support grows for Westbrook-Portland rail-trail line
Companies and nonprofits are lining up behind a conceptual plan for passenger rail to reduce traffic congestion in Portland.
Posted inBusiness, Local & State, News
Court upholds national monument designation off New England coast
Fishing groups objected to the Northeast Canyons and Seamounts Marine National Monument because it restricts where they can fish.
Posted inBusiness, Local & State, News
Navy proposes cutting future production of BIW-built destroyers by 40%
The Department of Defense recommends reducing the number of new Arleigh Burke-class ships planned for 2021-25 from 12 ships to seven.
Posted inBusiness, Local & State, News
Supplements makers face contempt motion that alleges violation of FTC settlement
Health Research Laboratories and Whole Body Supplements, which ship from Maine, violated a settlement order by continuing to claim without evidence that their supplements could treat and cure diseases, the FTC said.
Posted inBusiness, Local & State, News
Maine’s consumer watchdog office overwhelmed with calls
The Consumer Protection Division of the Maine Attorney General’s Office receives as many as 13,000 calls from consumers each year – more than its small cadre of staff and volunteers can handle.
Posted inBusiness, Local & State, News
Time & Temperature Building’s new owners vow to bring back Portland icon’s ‘glory days’
Chris Rhoades and Andrew Preston say they’ll decide how to use the downtown building’s mostly vacant office tower and submit their restoration plans to the city by February.
Posted inBusiness, Local & State, News
Buyers postpone Saddleback purchase
The sale of the shuttered ski resort will be pushed into early 2020 as the state’s finance authority reviews the deal.
Posted inBusiness, Local & State, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.