Eliminating tax credits could lead to a loss of $22 billion a year in clean power investment in the U.S. In Maine, the loss would be $100 million annually, according to a report.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Lewiston-Auburn, Local & State
Why you might be waiting on your heating fuel delivery in Maine
Extended cold snap, not enough drivers contribute to waits up to a week or longer for fuel.
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Posted inBusiness, Local & State, News
Maine regulators rap Versant for delaying audit over electricity rates
The cost of reviewing the utility’s operations, to be paid by ratepayers, has soared to $554,025, over than $140,000 more than the original contract price.
Posted inBusiness, Local & State
Lobstermen see controversial fishing gear in action for the first time
In Jonesport, the lobstermen were skeptical. But organizers don’t want an endorsement, they just want lobstermen to see the gear for themselves.
Posted inBusiness, Local & State, News
Acadia National Park, SAMHSA employees fired as Trump administration slashes federal workforce
Eight people were laid off from Acadia National Park, cutting the popular tourist attraction’s year-round staff by about 10%.
Posted inBusiness, Nation & World
Labor union leaders, including former BIW worker, call on Trump to boost US shipbuilding to counter China
Brian Bryant, a former Bath Iron Works pipefitter who is now president of the International Association of Machinists and Aerospace Workers, joined 3 other labor leaders in the joint letter to the president.
Posted inBusiness
Augusta’s Kennebec Savings Bank names new lending manager
Marco Stigling is responsible for leading operations in residential mortgage lending, focusing on efficient mortgage origination, ensuring compliance with regulatory requirements, and driving growth in the residential lending portfolio.
Posted inBusiness, Central Maine Eats, Food & Dining, Kennebec Journal, Local & State, News
Goldfinch Creamery Cafe and Bakery to close Friday in downtown Gardiner
The family-owned and run business, which opened at 316 and 318 Water St. in October 2021, quickly became a popular destination for ice cream, pastries and tea.
Posted inBusiness, Health, Local & State, Morning Sentinel, News
Skowhegan hospital’s plans for new building approved
Redington-Fairview General Hospital is planning to expand with a 24,000-square-foot medical office building and two new parking areas.
Posted inBusiness, Local & State
Maine’s cannabis chief investigated for possible conflict of interest
A legislative panel agrees to look into ties between John Hudak and a firm hired to track marijuana plants from seedling to sale.