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  • Opinion

    Maine's varied industries tell a larger story

    This issue of Mainebiz includes stories that look at some traditional industries, including farming and lobstering, and how they fit with where Maine is headed.

  • Eleven Maine companies recently raised capital

    Lori Valigra

    Maine companies continue to raise money actively, filing Form Ds with the U.S. Securities and Exchange Commission for equity or debt offerings. There were 38 filings through early October of this year compared with 44 for all of 2013.

  • Focus on Down East
    Focus on Down East

    Longtime MDI boat builder sells business to protégé

    Laurie Schreiber

    BERNARD — Boat builder Robert “Chummy” Rich, who has been featured in books and videos, sold his long-running boatbuilding operation, Bass Harbor Boat Inc. in Tremont, to his protégé, Richard Helmke.

  • In Short
    In Short

    Newsworthy people and performances

    New hiresPen Bay Healthcare in Rockport hired Thomas Crosslin III as a surgeon and Norman Keller as a certified physician assistant at its Pen Bay Surgery and Wound Healing Center

  • Focus on Down East
    Focus on Down East

    On the edge: Monhegan Island's year-round residents take charge of their future

    James McCarthy

    Shermie Stanley doesn't need to read the Island Institute's 62-page 2011 status report on Maine's 15 year-round island communities to know how Monhegan Island is faring.

  • Focus on Down East
    Focus on Down East

    From pencil to computer: Lobstermen adapting to digital data collection

    Laurie Schreiber

    Just 10% of Maine's lobster fishermen, selected randomly each year, are required to report landings and other data to the Department of Marine Resources.They use good old pen and paper, the forms provided by the DMR.

Today's Poll

How do you feel about the federal government's new ban on noncompete agreements?
Poll Description

Noncompete agreements, long a staple in many industries, have attracted a firestorm of attention recently.

The agreements are usually a condition of employment and prevent hirees from later going to work for an employer's competitors, or sharing proprietary information with them.

But in April, the Federal Trade Commission issued a rule banning noncompetes. Most existing agreements will not be enforceable, and all future ones will be forbidden. The goal, according to the FTC, is to protect the freedom of workers to change jobs, while increasing innovation and the creation of new businesses.

A federal lawsuit in Texas immediately contested the ban, however, and on July 3 a judge approved an injunction delaying its start.

The FTC estimates that 30 million people — one in five U.S. workers — are bound by a noncompete agreement of some kind in their current jobs.