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Maine

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  • Stockton head passes on Maine job to unravel Showboat mess Wednesday, 20 May 2015 | 10:57 AM ET

    ATLANTIC CITY, N.J.— The acting president of Stockton University is giving up a university presidency in Maine to help unravel the New Jersey school's stalled deal to convert a former Atlantic City casino into a satellite campus. Harvey Kesselman was named acting president on April 28, with the understanding he would leave Stockton to become president of the...

  • Agreement in place for hotel across from Oxford Casino Wednesday, 20 May 2015 | 7:13 AM ET

    OXFORD, Maine— A developer and a contractor have come to terms to build a hotel across from the Oxford Casino. The Sun Journal reports that Quincy, Massachusetts- based developers GIRI Group on Tuesday signed the agreement with New York- based Calamar to construct the 92- room Hampton Inn. Officials say completion of the hotel is tied to the town's $24 million sewer...

  • Smart meter debate back before Maine supreme court Tuesday, 19 May 2015 | 11:59 AM ET

    PORTLAND, Maine— The debate over the safety of so-called smart meters installed by Central Maine Power is going back before the state Supreme Court, setting up a legal clash over regulators' conclusion that they pose no risk. Opponents are challenging a December conclusion by the Maine Public Utilities Commission that 600,000 smart meters installed in homes...

  • AUBURN, Maine— The city of Auburn has given the go-ahead for a major expansion of a medical marijuana growing facility that would increase the size of the building four-fold. The Sun Journal reports that construction at Wellness Connection of Maine's growing facility is planned in several phases. Maine's eight licensed dispensaries reported more than $16.2...

  • PORTLAND, Maine— A former shipyard worker who pleaded guilty to setting fire to a nuclear-powered submarine but now says he didn't commit the crime wants a judge to revisit his sentence based on his claim that his lawyer was ineffective. Casey James Fury has until June 5 to respond after a federal magistrate recommended that his claim of ineffective counsel be...

  • NEW YORK, May 14- After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry. For him, it is maybe two more projects and then retirement beckons, with a holiday home in Maine that needs work. Industry data show energy firms have cut at least 125,000 jobs worldwide since crude...

  • WASHINGTON, May 8- Americans with health insurance under Obamacare, including Republicans, are generally satisfied with it, a Reuters/ Ipsos opinion poll found, posing a quandary for Republican politicians who have long vowed to repeal it. One of the most divisive U.S. laws in decades, Obamacare helped launch the conservative Tea Party movement that has reshaped...

  • BOSTON, May 6- Puerto Rico's troubled electric utility on Wednesday asked a U.S. appeals court for an alternative to restructure some $9 billion in debt, saying it would otherwise be at the mercy of U.S. bond funds. The legal battle moved on Wednesday to Boston where lawyers for both sides argued for more than an hour before the U.S. Court of Appeals for the First...

  • WASHINGTON, April 24- Aiming to acquire more budget powers and take a swipe at Obamacare, Republicans will likely scrap a proposal that stirred controversy and helped launch Wisconsin congressman Paul Ryan on the national stage: privatizing the Medicare health program. Ryan's bold Medicare "premium support" plan would be sacrificed to ensure passage of...

  • BRUNSWICK, Maine, April 21- Maine Governor Paul LePage on Tuesday proposed amending the state's constitution to eliminate the income tax, telling lawmakers the strategy was the best way to make the tax cut he desires permanent. The proposal, opposed by Democrats who control the state House of Representatives, would insert language in the state's 195- year old...

  • WASHINGTON, March 19- Democrats' support is softening for Hillary Clinton, their party's presumed 2016 presidential front-runner, with many favoring an independent review of her personal email use when she was secretary of state. Support for Clinton's candidacy has dropped about 15 percentage points since mid-February among Democrats, with as few as 45...

  • Support for Clinton's candidacy has dropped about 15 percentage points since mid February among Democrats, with as few as 45 percent saying they would support her in the last week, according to a Reuters/ Ipsos tracking poll. Clinton, who ran for the White House in 2008 and lost to Obama, is expected to announce as early as April that she plans to seek the White House...

  • LOS ANGELES, March 9- President Obama' s aborted attempt to tax 529 plans may end up being a boon to the state-run college savings plans. Assets in 529 plans have grown steadily since the IRS formulated rules for them in 1996, and got a big boost five years later when Congress made distributions from the plans tax-free if used for qualified higher education...

  • NEW YORK, March 6- U.S. consumers battered by the wretched winter weather still afflicting much of the eastern half of the country have responded by ordering in rather than eating out, flying more frequently to Florida and cutting out trips to the mall, according to a Reuters review of company data. While the relentless weather has dented traffic and sales for...

  • Feb 26- Bank of America Corp said on Thursday that two members of its board of directors and its chief accounting officer will be leaving the company in coming weeks. Directors Charles "Chad" Holliday, who chaired the bank's board until chief executive Brian Moynihan took on that role in October, and Clayton Rose will not stand for re-election at the company's...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...

  • Feb 22- Union members ratified an agreement on Sunday that ends a four-month-long strike by some 1,800 workers at FairPoint Communications, a major land-line telecommunications provider in northern New England, union officials announced. Union and FairPoint negotiators reached a tentative agreement on Feb. 19, followed by three days of union member voting...

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • BOSTON, Feb 10- Ten U.S. states have sent a letter to Anthem Inc complaining that the company has been too slow in notifying consumers that they were victims of a massive data breach disclosed last week. "The delay in notifying those impacted is unreasonable and is causing unnecessary added worry to an already concerned population of Anthem customers," said the...