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Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
8 offshore wind leases in Gulf of Maine up for auction next week
Established electricity purchasing systems, strong demand for clean energy, a supply chain being developed and strong winds are seen as advantages for the Gulf of Maine as a site for offshore wind turbines.
Maine organic farmers group formally recognizes union for its employees
Employees at the Maine Organic Farmers and Gardeners Association and MOFGA Certification Services put together the union and requested recognition in September.
Former Abercrombie & Fitch CEO pleads not guilty to sex trafficking and prostitution charges
Prosecutors allege that for years, he and two others lured men into taking part in sex parties by dangling the promise of modeling for the clothing retailer.
Tax break sought to turn historic ‘castle of Augusta’ into boutique hotel
Developers hope to make Olde Federal Building a destination to draw people downtown.
AI being used to send some people impacted by hurricanes $1,000 cash relief payments
The organization, GiveDirectly, harnesses a Google-developed artificial intelligence tool to pinpoint areas with high concentrations of poverty and storm damage.
Maine gets $53 million to improve freight rail safety, reconnect former Millinocket mill site
The federal funding will be used to upgrade mainlines in Penobscot, Aroostook, Washington and Piscataquis counties and restore a rail service to the Great Northern Paper mill redevelopment site.
Augusta board approves height rules change for major redevelopment of former Kmart site
A $48 million redevelopment proposal could bring a hotel with a rooftop restaurant or bar, apartments or condominiums to the site off Western Avenue.
Maine Supreme Judicial Court justice violated ethical code, committee says
A judicial conduct panel is recommending that Justice Catherine Connors, a former private attorney who represented banks, be sanctioned for not recusing herself from 2 cases that upended the state’s foreclosure process.
More cannabis recalled for yeast, mold, bacterial contamination
The expansion of a previous recall impacts preground flower of the strain ‘Frozay,’ plus preground flower, prerolls and blunts of the strains ‘Frosted Cookies’ – all produced by Nova Farms.