Sen. Susan Collins, a key vote, has not indicated whether she will vote in favor of President Trump’s budget bill.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Local & State, News
Maine solar company says tax credit changes could slow installations, force layoffs
Tax credits that would have lasted into the 2030s could end this year under Congress’ latest draft of the budget reconciliation. That could undercut demand for new solar projects.
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Posted inBusiness, Local & State, River Valley
Rumford paper mill among dirtiest in the country, new study finds
As other mills move away from burning tires as fuel, Maine plants have increased the practice, according to the Environmental Integrity Project, which also says emissions are being underreported. The plants dispute that.
Posted inBusiness, Local & State, News
Bill aimed at preventing ticket gouging is signed into law
When the law takes effect later this year, it will ban the use of bots and set a price cap for resellers, among other reforms.
Posted inBusiness, Local & State, News
85,000 fewer visitors crossed into Maine from Canada this May compared to last year
Data from the start of tourist season indicates that Canadians continue to avoid visiting the U.S. in light of President Donald Trump’s trade war and rhetoric.
Posted inBusiness, Franklin, The Rangeley Highlander
A hiker hostel in Rangeley offers the comforts of home
Secluded Camp 43, owned and operated by Ken and Jill Beaulieu, is close to town conveniences necessary for Appalachian Trail hikers.
Posted inAndroscoggin County, Business, Lewiston-Auburn, Local & State
New owners of Luiggi’s in Lewiston find change is needed
The restaurant’s new owners say embracing tradition is good, but it doesn’t pay the bills in today’s economy. ‘Luiggi’s new era needs to happen,’ said Zach Pratt.
Posted inBusiness, Local & State, Nation / World, News, Politics
Changes to energy tax credits could raise Maine’s electricity costs
Congress is weighing the early termination of handful of tax credits related to installing solar panels, shifting to electric vehicles and building more energy efficient homes.
Posted inBusiness, Local & State
Maine leads the country with first aquaculture apprenticeship program
Faced with a shortage of skilled workers for the state’s fish, shellfish and seaweed farms, Maine is breaking ground to find a solution.
Posted inBusiness, Health, Lewiston-Auburn, Local & State, News
Central Maine Healthcare acquisition will improve care, foundation says
In its application to the state, Prime Healthcare Foundation says it will inject new funds into the system and lower costs as well.