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Maine is receiving more than $4 million in the massive, $3 billion settlement with pharmaceutical company GlaxoSmithKline. It's the largest health care fraud settlement in U.S. history.
The state has issued cease-and-desist orders to four companies doing business in Maine because of their involvement in a fraudulent health insurance scheme.
A legislative committee opted Friday not to launch an investigation into the Maine Turnpike Authority's proposal to raise tolls to help cover its debt. Sen. Margaret Craven, D-Lewiston, had requested the probe.
Congress on Friday passed a bill that preserves federal funding for the Amtrak Downeaster passenger train that currently runs between Boston and Portland, and will soon service Freeport and Brunswick.
In support of the decisionMaine Democratic Party Chairman Ben Grant: "This is a big win for the American people.
The new $65 million Veterans Memorial Bridge between Portland and South Portland, under construction since 2010, opened Thursday.
Biddeford officials have advanced a deal to buy the Maine Energy Recovery Co. trash incinerator for $6.6 million, with plans to halt its operations and demolish it by next year.
Electricity prices will rise for Central Maine Power Co. and Bangor Hydro Electric Co. customers because of increases in electricity delivery rates. The Maine Public Utilities Commission has approved the new rates, effective July 1.
The owner of Kennebec Valley Gas Co. said the state's recent decision to pick a competitor to build and distribute natural gas for state buildings in Augusta could jeopardize the future of its natural gas project.
A North Carolina developer who bought the Kennebec Arsenal complex in Augusta in 2007 and has let the property degrade could face legal action by the state.
For many the term flea market conjures up images of dusty roadside stands laden with mounds of junk and obscure collectibles, a business model seemingly built on the kitschy salt shaker market and often limited to the warmer summer months.
A Calais nursing home originally slated to close July 6 shut its doors early, on June 21, after all its residents were able to find new arrangements.
A federal grant of $100,485 will help about 75 workers laid off from Maine Military Authority in Limestone. The National Emergency Grant will continue to fund re-employment and training services, according to a press release from the U.S.
A farm bill passed Thursday by the U.S. Senate that would let diversified growers receive crop insurance stands to benefit Maine's small farmers, according to Maine officials.
Connecticut-based health insurance company Cigna is required to pay $2.6 million in premium rebates to more than 10,000 consumers this year as part of a provision in the federal Affordable Care Act.
Statoil, an energy company in Norway, is planning to hold public hearings this week to share details of its proposed pilot offshore wind farm south of Boothbay Harbor.
Sponsored by Kennebunk Savings Bank
The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.
The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible.
The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.
A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.
But there's growing anxiety over how a protracted shutdown would affect the economy.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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