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.
Business
Local, state and national business news from the Sun Journal.
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.
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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.
Posted inBusiness, Local & State, Schools & Education
USM eliminates 6 marketing positions
A University of Southern Maine administrator said the decision follows an assessment of department strategy. The university plans to create 5 new positions in their place.
Posted inBusiness, Health
Biden administration bans unpaid medical bills from appearing on credit reports
The change is estimated to raise the credit scores of more than 15 million Americans by an average 20 points and could lead to 22,000 additional mortgages being approved every year.
Posted inBusiness, Lewiston-Auburn, Local & State, News
Auburn council gifts land for ‘housing first’ project
If grant funds are awarded, the Auburn Housing Authority and Developers Collaborative would build housing for homeless people.
Posted inBusiness, Local & State, News
Maine’s right to repair law is now in effect, but changes are still to come
The law is meant to give people access to data about their cars that makes it easier to get certain repairs done by independent mechanics.
Posted inAndroscoggin County, Business, Local & State, News
Hillandale ends egg farm operations in Turner
The company permanently closed its egg processing facilities in Turner at some point in December.
Posted inBusiness, Local & State, News
Maine high court justice argues she did not act wrongly
Justice Catherine Connors said her peers on the Maine Supreme Judicial Court, not a panel of other judges, should decide whether to sanction her.
Posted inBusiness, Local & State, News
Maine economic development commissioner steps down
Heather Johnson’s last day will be March 1.