Covetrus Inc., the product of a merger between Vets First Choice and Henry Schein Animal Health, began trading Friday on the Nasdaq exchange.
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Posted inBusiness
Ferry operator decided last year to leave Portland. Now, city says it can’t come back.
Facing delays in setting up service in Bar Harbor, Bay Ferries asks to operate out of Portland this year – but that ship had sailed.
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Posted inBusiness
CMP sweetens its offer for approval of transmission corridor, to $258 million
In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
Posted inBusiness
Regulators threaten CMP with sanctions for failing to fix customer service problems
In a scathing letter, the Public Utilities Commission said the power company has not met performance standards laid out last year.
Posted inBusiness
Merger involving Vets First Choice will create Maine’s largest publicly traded firm
The animal-health tech company, Covetrus Inc., would have annual revenue of about $4 billion.
Posted inBusiness, Politics
Protesters rally at State House as lawmakers seek solution to ban on CBD products
More than 100 people turn out to protest the state’s removal order, and Democratic Rep. Craig Hickman of Winthrop introduces a bill to legalize sales of cannabidiol in Maine.
Posted inBusiness
Maine lobster orders tank as Chinese turn to tariff-free Canada
What had been one of the busiest times of the year is a reminder of the devastating impact of the U.S.-China trade war and of the need to refocus on domestic Chinatowns and new Asian markets.
Posted inBusiness
Maine bakery drivers’ lawsuit will become class action
They seek $5 million and want to be classified as employees, not independent contractors, in order to receive benefits.
Posted inBusiness
Portland invites bike-share companies onto city streets
The city hopes to have a network of dockless, shared bicycles in operation by this spring.
Posted inBusiness, Politics
Lawmakers push to make drivers keep their hands off their phones
Supporters of new legislation believe their latest effort to strengthen Maine’s distracted-driving laws has brighter prospects with Democrat Janet Mills in the Blaine House.