The days of eye-popping revenue growth are over, and lawmakers face a gap of $450 million in the next budget cycle.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Local & State, News
Maine’s highest court proposes barring justices from disciplining peers
If adopted, Superior and District Court judges would handle complaints against Supreme Judicial Court justices.
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Posted inBusiness, Local & State, News
Maine regulator clashes with lobstermen at turbulent meeting, withdraws catch size rules
Lobster harvesters and dealers said the proposed change would have eliminated the most lucrative segment of their catch.
Posted inBusiness, Local & State
Maine Trust for Local News forms quick strike reporting team
The three-person team is tasked with identifying strong investigative and narrative stories and getting them to readers quickly.
Posted inBusiness, Franklin, Local & State, The Franklin Journal
Closure of Turner egg farm will affect local farms
While organic dairy farmers have relied on hen manure from the facility as a more economical way to fertilize their crops, the closure may result in fewer eggs available for consumers.
Posted inBusiness, Local & State, Politics
Gov. Mills proposes creating a Maine department of energy
The proposal would elevate the Governor’s Energy Office to a Cabinet-level department if approved by lawmakers as part of the budget.
Posted inBusiness, Local & State, News
Appeals court takes up challenge to Bar Harbor’s cruise passenger limit
Businesses claim a voter-approved cap on the number of cruise passengers that can visit the town near Acadia National Park is unconstitutional.
Posted inBusiness, Health, Lewiston-Auburn, News
Central Maine Healthcare to be acquired by California-based nonprofit
Leaders of Central Maine Healthcare, which includes Central Maine Medical Center, have struggled with funding deficits and have been looking for ways to inject new capital into its hospitals.
Posted inBusiness, Local & State, News
Maine Lobstering Union settles racketeering lawsuit
The union claims it lost nearly $2 million in an embezzlement scheme by the family that owns Trenton Bridge Lobster Pound.
Posted inBusiness
cPort Credit Union breaking ground for Lewiston branch
The credit union purchased the property at 321 Main St. earlier this year with original plans to open by the summer of 2025. That has now been pushed back.