Sears Island is Maine’s preferred site because the state owns a 100-acre property where a wind port would be built, avoiding lease payments at nearby Mack Point.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News, River Valley, Rumford Falls Times
Rumford ski area receives $1.2 million in grants for improvements
Roger Arsenault, chairman of the Black Mountain of Maine board of directors, said the opportunity for a longer season would add to the bottom line and ‘change our financial picture. We’ll be more stable.’
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Posted inBusiness, Franklin, Livermore Falls Advertiser, Maine, News
Livermore Falls Board of Appeals overturns revocation of medical marijuana licenses
On Oct. 16 the Livermore Falls Board of Appeals voted to approve two licenses for medical marijuana facilities owned by Dana Cummings that the Select Board did not renew in August.
Posted inBusiness, Election 2024, Nation / World, Politics
Trump proposals could drain Social Security in 6 years, budget group says
Social Security faces a looming funding crisis in an aging country, with trustees most recently predicting that the retirement and disability program’s trust fund will become insolvent in 2035.
Posted inBusiness, Lewiston-Auburn
Video: See the progress on Auburn demolition and construction projects
Aerial flyovers of the cleanup at the Mount Auburn Apartments and construction at the PAL Center in Auburn.
Posted inBusiness, Nation / World
Heat pumps were supposed to transform the world. But it’s not going as planned.
Heat pump sales, critical to the transition to clean energy, have slowed in the U.S. and Europe, even as other clean energy technology continues to boom.
Posted inBusiness, Maine, News
Do your groceries need to be tossed out? What we know about the listeria recalls in Maine
A recent spate of listeria recalls is causing alarm.
Posted inBusiness, Nation / World, New England
Should minimum wage be lower for workers who get tipped? Two states are set to decide
Voters in Arizona and Massachusetts will decide whether employers should be able to continue to pay tipped workers such as servers and bartenders a lower minimum wage than non-tipped workers.
Posted inBusiness, Nation / World
Housing costs rising everywhere – but especially in swing states
America’s housing affordability crisis is weighing heavily on the nation’s most sought-after voters in places like Wilmington, N.C., where home prices have risen 65 percent since 2019.
Posted inBusiness, Maine, News
Scientist warns that increased shipping could turn Casco Bay into ‘bioinvasion hotspot’
A Biddeford scientist has identified 3 new invasive species in Casco Bay that he has tied back to Eimskip, the Icelandic shipping company that visits Portland weekly.