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A U.S. Senate vote has paved the way for the Federal Reserve to cap fees that banks can collect from retailers who process debit card transactions.
Hollywood Slots' bid to add table games to its facility won initial House support yesterday, and now heads to the Senate for debate.
Gov. Paul LePage has vetoed a bill that would have barred the Maine Department of Conservation from hiring foreign loggers to work on state-owned land.
The Maine Senate has approved numerous changes to the state's regulatory system, sending the measure to Gov. Paul LePage for his signature.
Toby Hammond, the former CEO of Hancock Lumber, has been confirmed as a member of the Land Use Regulation Commission.
Two bills that would pave the way for three new gambling facilities in Maine received House support Monday.
A legislative committee has voted to table a controversial bill that would have freed nonunion state employees from paying union fees.
The state sold more than $108 million in general obligation bonds last week, marking the first time since 1990 a bond sale was conducted on a competitive basis.
Legislative leaders have voted to cut the Legislature's spending by $8.3 million over the next two years as part of ongoing efforts to balance the state budget beginning July 1.
Gov. Paul LePage on Friday swore in new commissioners of the Department of Economic and Community Development and the Department of Labor.
Legislators heard public testimony until late last night on a bill that would free nonunion state employees from paying union fees.
Lawmakers have upheld Gov. Paul LePage's surprise veto of a bill that would have altered how insurance companies contract with health care providers.
Gov. Paul LePage has tapped Eric Cioppa, the state's deputy insurance superintendent, to lead the Bureau of Insurance following Mila Kofman's resignation.
Gov. Paul LePage for the first time has vetoed a bill, rejecting a measure that would restrict provisions insurance companies could include in contracts.
Portland's search committee and Mayor Nicolas Mavodones have selected Mark Rees as new city manager. Rees, currently the town manager in North Andover, Mass., must be approved by the city council at its June 6 meeting.
Lawmakers scramble to finish budget
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.
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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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