GO
Loading...

Maine

More

  • Strikers continue to target FairPoint owners Friday, 24 Oct 2014 | 3:37 PM ET

    WATERVILLE, Maine— A group of striking FairPoint workers is picketing a meeting of Colby College's trustees, saying one of them has the power to force the telephone company to return to the bargaining table. Angelo Gordon is FairPoint's largest single shareholder. They say it's unfair for hedge funds that profit by managing retirement investments to allow...

  • Anthem: 2015 rates in health marketplace stay flat Friday, 24 Oct 2014 | 3:06 PM ET

    CONCORD, N.H.— Anthem Blue Cross and Blue Shield of New Hampshire said Friday that on average, its customers who have purchased insurance plans under the federal health care overhaul law will see no increases in premiums next year. Anthem was the only company selling health plans through the new marketplace this year, but it will be joined by two other private...

  • Nova Star sees surge in motor coach bookings Friday, 24 Oct 2014 | 7:39 AM ET

    PORTLAND, Maine— The company that runs the Nova Star ferry between Portland, Maine, and Yarmouth, Nova Scotia says it has already received advance bookings for 43 motor coaches in 2015.. Nova Star Cruises says it expects to book even more of the luxury buses for next season because company officials plan on attending several trade shows this fall.

  • Idexx beats Street 3Q forecasts Friday, 24 Oct 2014 | 7:27 AM ET

    WESTBROOK, Maine _ Idexx Laboratories Inc. on Friday reported net income of $52.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Idexx expects full-year earnings in the range of $3.85 to $3.90 per share.

  • Maine agency approves Poland Springs water deal Thursday, 23 Oct 2014 | 12:22 PM ET

    FRYEBURG, Maine— The Maine Public Utilities Commission says Fryeburg Water Co. can enter into a long-term contract to sell water to Nestle Waters, bottler of Poland Springs. Nestle says the deal allows the water company to reduce or suspend Poland Spring's water withdrawal if there is a shortage or emergency. Nestle spokesman Mark Dubois says the deal provides...

  • Feds to bring indoor plumbing to Alaska village Thursday, 23 Oct 2014 | 5:07 AM ET

    ANCHORAGE, Alaska— A remote Alaska Native village where only half the homes have indoor plumbing is among rural communities nationwide that will receive upgrades to rural water and wastewater systems with $352 million in grants and loans from the U.S. Department of Agriculture. Among other awards for water system improvements include a $6 million loan and...

  • Regulators consider future of Maine shrimp fishery Wednesday, 22 Oct 2014 | 2:35 PM ET

    PORTLAND, Maine— Federal regulators are gathering findings to determine if there will be a commercial season for the Gulf of Maine's northern shrimp next year. The Atlantic States Marine Fisheries Commission's Northern Shrimp Technical Committee is meeting in Portland on Wednesday to update the status of the shrimp stock. The commission's Northern Shrimp...

  • Report blasts rabbit massages among gov't waste Wednesday, 22 Oct 2014 | 11:46 AM ET

    Coburn has crusaded against "pork barrel" projects since coming to Congress in 1995. While he has been on the losing end of most votes, he cites several examples in which publicity ended waste, such as an almost $500,000 annual subsidy for an Oklahoma airport that had hardly any flights. He criticized $4.6 million in overpriced housing for temporary Border...

  • Sales of single-family homes in Maine up Wednesday, 22 Oct 2014 | 6:39 AM ET

    SOUTH PORTLAND, Maine— Home sales in Maine are bucking national and regional trends, as the number of existing single-family homes jumped by more than 6 percent in September when compared to the year-ago month. The Maine Association of Realtors reported Tuesday that 1,393 homes were sold last month, up from 1,307 in September 2013. The biggest jumps in the number...

  • FairPoint accuses striking workers of intimidation Tuesday, 21 Oct 2014 | 9:45 AM ET

    A nor'easter that arrived Tuesday could deliver the first major test for replacement workers hired by FairPoint Communications in Maine, New Hampshire and Vermont, with driving rain and strong wind gusts possibly causing service disruptions as more than 1,700 workers remain on strike. Charlotte, North Carolina- based FairPoint Communications Inc., which...

  • Gas prices drop 7 cents in Maine Monday, 20 Oct 2014 | 10:41 AM ET

    PORTLAND, Maine— Gas prices have fallen 7 cents a gallon in Maine in the last week. The average price of a gallon of gas in Maine on Monday was $3.21 a gallon, down 25.5 cents from one month ago, according to gasbuddy.com. Gas prices in Maine are 26.2 cents a gallon lower than they were one year ago.

  • New England raking in millions from leaf peepers Sunday, 19 Oct 2014 | 12:14 PM ET

    Money really does grow on trees in autumn in New England, and all six states are raking it in. "We wanted to get out in the fresh air and see the colors while it's still warm," said Christopher LeBeau, who drove from Connecticut to hike Mount Monadnock. Lingering warm weather is causing leaves to stay on the trees longer in New England.

  • Maine heating prices dip in early October Friday, 17 Oct 2014 | 4:02 AM ET

    PORTLAND, Maine— A Maine government survey says the average price of heating oil in the state dropped 5 cents from the end of September to $3.27 per gallon. The Governor's Energy Office said Thursday that the average statewide price for a gallon of heating oil ranged from $2.88 to $3.60. The survey found that the average oil price was most expensive in northern...

  • More than 1,700 FairPoint workers go on strike Friday, 17 Oct 2014 | 12:01 AM ET

    PORTLAND, Maine— Frustrated over a negotiating stalemate, more than 1,700 FairPoint Communications workers in Maine, New Hampshire and Vermont went on strike Friday, with picket-wielding employees demanding that the telecommunications company return to the bargaining table. But striking workers who staff call centers and maintain the region's...

  • Unions to go on strike against FairPoint Thursday, 16 Oct 2014 | 8:37 PM ET

    PORTLAND, Maine— Two unions representing more than 1,700 FairPoint Communications workers in Maine, New Hampshire and Vermont announced they were going on strike early Friday after a failed attempt hours earlier to re-engage the company in negotiations. The unions have offered "significant concessions" but the company wasn't interested, said Peter...

  • Business incubator opening on Portland waterfront Thursday, 16 Oct 2014 | 10:09 AM ET

    The company's leaders and Portland and state officials announced Thursday that the New England Ocean Cluster will seek to bring several business that commercialize new products related to the ocean under one roof. The Iceland Ocean Cluster works with 35 companies in Reykjavik, and the New England cluster has eight firms signed on so far, a Portland...

  • Chipotle backs Colorado, Oregon labeling proposals Tuesday, 14 Oct 2014 | 2:33 PM ET

    DENVER— Burrito giant Chipotle on Tuesday endorsed ballot measures in Colorado and Oregon that would require labeling of genetically modified food, providing a morale boost for campaigns being heavily outspent by agriculture interests. The company has not donated to the Colorado or Oregon labeling campaigns. Three states— Vermont, Maine and Connecticut—...

  • FairPoint freezes pensions for workers Tuesday, 14 Oct 2014 | 10:22 AM ET

    PORTLAND, Maine— The employee contract FairPoint is imposing over the objections of two unions representing 2,000 workers in Maine, New Hampshire and Vermont became even more real Tuesday with the company freezing the old pension plan. "The changes that we're making will ensure FairPoint's ability to price products competitively in the 21st century...

  • Great Northern Paper filings show deficit Tuesday, 14 Oct 2014 | 6:32 AM ET

    PORTLAND, Maine— Recent court filings have revealed the depths of Great Northern Paper Co.' s financial hole. The Portland Press Herald reports that the company, managed by New Hampshire- based private equity firm Cate Street Capital, has roughly $28 million in assets, but has liabilities of slightly more than $65 million. The two largest secured creditors—...

  • Maine gets $600K for crops, including hops Tuesday, 14 Oct 2014 | 5:42 AM ET

    PORTLAND, Maine— Maine will get more than $600,000 from the federal government in support of the state's specialty crop producers, including producers of hops. Paul LePage says the market value of Maine agricultural products has increased 24 percent since the last Census of Agriculture. He says the new investments will "strengthen markets for Maine grown...