Maine’s average weekly wage increased by less than $40 — from $1,249 in the first three months of 2024 to $1,283 in the first quarter of 2025.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Local & State, New England, News
New England’s shrimp industry is struggling, with fishermen catching few in 2025
‘Environmental conditions continue to be unfavorable for northern shrimp in the Gulf of Maine,’ reports one fisheries commission.
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Posted inBusiness, Local & State, News
CMP’s new plan would increase bills — again. Mills calls that ‘unacceptable’
Though state officials say Mainers are already struggling to pay their electric bills, the utility says the distribution rate increases for hiring and resiliency upgrades would occur as some temporary charges expire, mitigating the cost to customers.
Posted inBusiness, The Bethel Citizen
Job Fair at Telstar coming in November
Connecting talent with opportunity: Bethel Area Chamber partners with FBLA students from Telstar High School for upcoming job fair.
Posted inBusiness, Local & State, News
Maine wedding caterer suddenly cancels contracts, leaving couples out of time and money
The Maine attorney general has fielded 17 complaints against Simply Catered by Bethany in the past two months.
Posted inBusiness, Local & State, News
How does Maine’s forest carbon credit market work?
As carbon credits gain traction, efforts are underway to help small-scale forest landowners participate.
Posted inBusiness, Local & State, News
Maine researchers adjust grant proposals, priorities to align with federal guidelines
“The minute the election happened, we started trying to change how we spoke about our work,” said Deborah Bronk, president and CEO of Bigelow Laboratory for Ocean Sciences in East Boothbay.
Posted inAdvertiser Democrat, Business, Local & State
Shuttered Paris auto dealership for sale
Oxford County Chrysler Dodge Jeep RAM abruptly closed last spring when it was seized by creditors.
Posted inAdvertiser Democrat, Business, Local & State, News
Oxford takes last look at 1800s woolen mill before redevelopment project begins
A nonprofit real estate developer bought the Robinson Manufacturing property on Thompson Lake for affordable senior housing.
Posted inBusiness, Local & State, Nation / World, News
Rising inflation strains Americans and affects rent, minimum wage in Maine
Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures.