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Bookkeeper 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...

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...

Top Gun to award $10K at pitch showcase

The Top Gun entrepreneurship acceleration program will offer a $10,000 cash prize to the winning entrepreneur of next year’s pitch event, the organizers announced...

Job outlook uncertain for Portland IT Firm

Dylan Martin |

Unified Technologies, a Portland-based IT firm, may cut an undetermined amount of positions and will lose its name after being acquired by a company based in Waltham,...

Sea level to C-level: Maine Maritime Academy investing in tech


On a sunny September morning in Castine Harbor, the tug Pentagoet carefully maneuvers away from the 230-foot barge Oyster Bay.

PenBay Solutions develops a GIS tool for mapping what's inside buildings

James McCarthy |

Since 2006, New York City has required owners of office towers taller than 15 stories to file "emergency action plans." Tens of thousands of floor plans have since been...

Dan Kerluke skates his sports analytics startup into NHL territory

Dylan Martin |

Like any entrepreneur, Dan Kerluke knew there was going to be a point when he had to jump off the deep end and dive into the exciting and equally scary world of running his own startup...