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Federal and state officials yesterday announced a $25 billion deal reached with five of the nation’s largest mortgage lenders over foreclosure abuses. Maine is expected to receive $21 million under the settlement.
Former Maine Turnpike Authority Executive Director Paul Violette yesterday pleaded guilty to felony theft and could spend up to five years in prison as a result. He will be sentenced in two months.
Lawmakers on the appropriations committee have unanimously backed a plan to close an estimated $140 million budget shortfall in the Department of Health and Human Services, parts of which Gov.
Former York County Rep. David Burns has been indicted by a grand jury on charges of misusing Clean Election funds. The charges came a little more than a week after Burns resigned his Alfred seat.
Documents recently released indicate property manager Rosa Scarcelli may have been involved in an anonymous website that disparaged her gubernatorial opponent, Eliot Cutler.
A 2013 budget for the Maine Turnpike Authority shaves its spending 10.4% from the current year. Executive Director Peter Mills said the agency’s recent reforms have led to millions in savings.
A drop in Maine’s unemployment rate means the state is no longer on the federal list of high unemployment states, meaning long-term unemployed people in Maine will no longer be eligible for up to 13 weeks of federally funded unemployment under the
Lawmakers yesterday presented Gov. Paul LePage with a bipartisan agreement to cut $120 million from the Department of Health and Human Services budget.
A 16-year mistake on Shipyard Brewing Co.’s sewer bill drastically reduced the amount the brewery was paying, costing the city hundreds of thousands of dollars in lost revenue.
The Maine Turnpike Authority plans to buy a Lewiston motel for $400,000 and at least partially demolish it to make room for a new park-and-ride off exit 80.
Maine Citizens for Clean Energy did not gather enough signatures by yesterday's deadline to puts its proposal to increase the amount of renewable electricity sold in Maine, so the group will instead aim to put the measure to voters in 2013.
A legislative committee has approved a change to the way businesses bid on state contracts to make it easier on contractors.
Portland-based Competitive Energy Services has won an $118,050 state contract to serve as energy consultants to the state.
In a plan to absorb nearly $500 billion in military spending cuts, U.S.
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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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