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On his first day as CEO of FairPoint Communications, David Hauser yesterday said he will take every step possible to avoid bankruptcy, but that ultimately the decision will depend on its debtors.
The Maine Department of Education yesterday said it has ordered more than 64,000 Apple laptops for students and faculty in grades 7 through 12, and will place an additional order for up to 7,000 more laptops in the coming weeks.
Aroostook Internet in Presque Isle is expanding through the acquisition Fort Kent-based SJV Wireless' wireless and dial-up Internet business, according to the Bangor Daily News.
FairPoint Communications could file for bankruptcy unless its lenders agree to postpone interest payments due on $531 million in loans.
FairPoint is responding to a legal threat from the Maine Public Advocates Office with a complaint of its own.
The Maine Public Advocate's office has filed a letter with the state Public Utilities Commission, indicating its intent to file a formal complaint against North Carolina-based FairPoint if the communications company doesn't live up to its allege
CashStar, the online gift card company in South Portland, will receive the nearly $1 million in financing to continue developing its online services for retailers.
FairPoint Communications has named a new CEO to lead the company, northern New England's largest telecom company.
Maine has served as fertile ground for a few technology developments in recent weeks, from innovative gadgets to startup websites. Here’s a roundup:
Richard Lugg’s dad — a defense/aerospace manager working in (generally) top-secret projects — made a sizeable imprint on his son. When he was just 5 years old, Richard was building space shuttles out of wood and glue.
A solar company based in Rockland will receive a nearly $600,000 grant to build a solar panel manufacturing plant.
TechMaine, the state's resource and advocacy group for Maine's technology industry, recently presented awards to a few Greater Portland area businesses at its annual awards ceremony.
Legislature's approval of LD 1088, the controversial tax reform bill passed on Friday, has prompted at least one local company to consider moving out of state, and caused another to question its future. The bill awaits Gov.
Verizon Communications Inc., which in 2008 sold its telephone lines in Maine, New Hampshire and Vermont to FairPoint Communications for $2.3 billion, has made another deal that will allow it to shed its remaining rural landlines in 14 other states
FairPoint Communications lost only 1.8% of its phone access lines in northern New England during the first three months of the year, despite persistent customer service, billing and email complaints.
National Semiconductor in South Portland will idle its South Portland plant for two weeks, starting Friday.
Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs.
In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.
The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.
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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