Browse by

Ex-Norway worker pleads guilty to embezzlement

A New Hampshire woman has pleaded guilty to two charges after embezzling more than $740,000 from Norway-based Grover Gundrilling Inc., her former employer.

Well-known economist leaving Maine

Charlie Colgan, a well-known economist who had served on the state’s economic forecasting panel for nearly two decades, is leaving Maine after losing his faculty position at...

Portland tech co. raises funds for tax software

A Portland-based technology company has raised funds from a St. Louis-based business incubator and the Maine Technology Institute for development of its sales tax software for...

Maine shrimp season faces second cancellation

Maine shrimp harvesting may be canceled for a second consecutive season after a draft report by marine scientists said the shrimp population continues to face unfavorable conditions...

Downeaster to add Kennebunk stop

The operator of the Amtrak Downeaster is planning to add a seasonal stop in Kennebunk, which is expected to boost the town’s tourism efforts.

South Portland business lands deal with J.Crew

A South Portland-based bag designer has landed a major order with national retailer J.Crew, which has more than 300 stores across the country,

Group: Throw out First Wind-Emera venture

A Maine group is seeking to reverse state regulators’ approval of a $333 million wind energy partnership between Emera Maine’s parent company and Boston-based First...

WEX reports 16% growth in third quarter revenue

James McCarthy |

WEX Inc. (NYSE: WEX) reported strong third quarter financials today, with total revenue for the three months ended on Sept. 30 showing a 16% increase to $221.1 million from $191.5...

Group urges vote on job-creating ballot measure

A coalition of Maine businesses is urging voters to approve ballot question No. 3 on Nov. 4, saying it will continue funding two state loan programs that have created thousands of...

Ex-CEI worker sentenced for embezzlement

A former fund accountant at Wiscasset-based CEI (Coastal Enterprises Inc.) has received a prison sentence for embezzling from her employer $365,168, which included federal...