In a letter to federal officials, Maine Republicans applauded the termination of $600 million in offshore wind projects across the U.S. and asked for offshore leases in the Gulf of Maine to also be canceled.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, News
Colby College to build new science complex using $150 million anonymous gift
The largest donation in the college’s history marks the lead commitment for a new $300 million facility and investments in scientific collaboration across Maine.
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Posted inBusiness, Life & Culture, Maine, News
Maine’s black market for baby eels is spawning a crime-thriller subgenre
‘The Glass Eel’ is the latest of several books and TV shows to explore elver poaching.
Posted inBusiness, Maine, News
Central Maine Power Co. taps longtime VP as new president
Linda Ball had worked as the utility’s vice president of customer service since 2019.
Posted inBusiness, Maine, News
Newry couple’s plans to extract lithium-rich ore remain ‘on hold’
Changes to Maine’s mining law didn’t go far enough, said Mary and Gary Freeman, who in 2021 discovered a lithium deposit on their land estimated to be worth $1.5 billion.
Posted inBusiness, Community, Food, Guides, Life & Culture, Maine, News, The Bethel Citizen
Unexpected treasures can be found on the side of Maine’s roads
A guide to the Bethel area’s small-scale and specialty stands that sell everything from whoopie pies to dog leashes.
Posted inBusiness, Maine, News
Is Maine approaching, or already in, a recession?
The chief economist at Moody’s Analytics included the state among nearly 2 dozen considered ‘in or at high risk’ of a recession, but the Maine state economist is pushing back and says employment is steady.
Posted inBusiness, News
Offshore wind could have saved New England ratepayers millions last winter
A recent report found that projects off Massachusetts and Rhode Island could have driven down wholesale electricity costs throughout the region if they had not been delayed.
Posted inBusiness, Health, Maine, News
ACA premiums to rise an average of nearly 24% in Maine
Some Affordable Care Act enrollees could see premiums jump even higher if Congress doesn’t extend subsidies set to expire at the end of 2025.
Posted inBusiness, Community, Maine, News, The Bethel Citizen
Bethel’s former Gracenote Inn and Spa sold for $1.8M
The transaction was not the most expensive residential sale in Bethel. 287 Tara Way sold for $2.1M on August 14, 2025