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Defense bill would boost Maine businesses

The 2015 Department of Defense budget passed by the U.S. Congress last week is expected to benefit Bath Iron Works, Pratt & Whitney and other Maine-based military...

Sugarloaf names new president

Sugarloaf ski resort in Carrabassett Valley has named a top executive as its new president, nearly four months before its current leader is set to retire.

Income tax lends to strong economic forecast

The state's revenue is projected to increase by $45.5 million for the current fiscal year as a result of improved revenues from individual and corporate income taxes. 

Towns eye tax relief due to revaluations of mills

Madison selectmen have scheduled a meeting on Nov. 24 with Skowhegan selectmen to discuss the possibility of pursuing legislation seeking tax relief from the state to help both...

Feds close cod fishing in Gulf of Maine

Large areas of the Gulf of Maine will be closed to cod fishing, federal regulators announced on Monday. The closures, due to take effect later this week, are in response to continuing...

Farmington natural gas expansion up in the air

Farmington town officials are expected to discuss the uncertainty that now faces a planned natural gas expansion that has been delayed.

University seeking alternatives to Summit

A Maine university that has been expected to become one of two anchor customers for a natural gas expansion in western Maine said it is exploring alternative energy sources in light...

NewPage plans to sell its only Maine mill

NewPage has reached an agreement to sell its only paper mill in Maine, along with a mill in Wisconsin, to Canada-based Catalyst Paper for $74 million.

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...