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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,

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...

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...

Jay couple seeks partners to redevelop mill

The owners of the Otis Falls Mill in Jay are seeking investors and a developer to help them redevelop the former paper mill, possibly opening it up for use by the movie...

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...