Business
Moody’s affirms a negative outlook on Maine’s credit rating
One of the country’s largest rating agencies on Wednesday affirmed a negative outlook on Maine’s credit rating. Moody’s Investors Service on Wednesday affirmed the state’s Aa2 rating on the state’s outstanding general obligation bonds, which are approximately $472 million, and gave it a negative outlook. However, an Aa2 rating is ...
Anonymous investor puts $3 million into MOOMilk
AUGUSTA, Maine — MOOMilk, a producer of organic milk, received the single largest investment in its existence this week, an amount large enough to stabilize the startup for the foreseeable future, according to its chief executive officer. An anonymous benefactor from New Hampshire has invested $3 million in MOOMilk, which ...
Borders gift card holders deserve nothing, judge rules
By Jonathan Stempel, Reuters on May 22, 2013, at 7:39 p.m.
Borders owes nothing to holders of roughly $210.5 million in gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday. U.S. District Judge Andrew Carter said it would be unfair to other creditors of the former Borders Group ...
Wall Street falters in volatile session on Fed worries
By Angela Moon, Reuters on May 22, 2013, at 6:42 p.m.
NEW YORK — U.S. stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest U.S. Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as the June meeting. Trading was volatile — the Dow ...
State drops theft charge in Spruce Head lobster co-op case
ROCKLAND, Maine — The district attorney’s office has dismissed a felony theft charge against the former manager of one of the state’s largest lobster cooperatives but the dismissal does not end the man’s legal problems. The dismissal was filed May 6 in Knox County Superior Court, two weeks after Justice ...
USA Telephone customers in Maine lose phone service
By Ann Charlton, York County Coast Star on May 22, 2013, at 5:44 p.m.
KENNEBUNK, Maine — Hundreds of local businesses and thousands of Maine residents found themselves without telephone or Internet service on Tuesday when customers of USA Telephone had their phones shut off unexpectedly. USA Telephone, located in Kennebunk, provides local and long distance telephone service as well as Internet service in ...
From the community
Ken Nadeau, PA-C, named outstanding Maine PA
BANGOR, Maine — Penobscot Community Health Care (PCHC) is pleased to announce that Ken Nadeau, PA-C, associate medical director, Helen Hunt Health Center, was named the 2013 Outstanding Maine Physician Assistant by the Downeast Association of Physician Assistants on Saturday, May 4, at the Maine Medical Association office in Manchester. ...
From the community
Joseph Cassidy nominated to be WCCC president
Bangor Daily News on May 22, 2013, at 12:31 p.m.
AUGUSTA, Maine — Joseph Cassidy, an attorney and former elementary and secondary school teacher who has taught education at Washington County Community College in Calais for the past nine years, has been nominated by Maine Community College System President John Fitzsimmons to be the next president of the institution. ...
Oxford Casino sale waiting on gambling board license
By Tony Reaves, Sun Journal on May 22, 2013, at 11:04 a.m.
AUGUSTA, Maine — The Oxford Casino won’t be asked to apply for a new casino operator’s license if the Gambling Control Board approves the casino’s pending sale to Churchill Downs Incorporated Properties. The Gambling Control Board is running a background investigation on Churchill Downs, Director Patrick Fleming said at Tuesday’s ...
Greater Bangor Convention and Visitors Bureau announces tourism award winners
on May 22, 2013, at 10:13 a.m.
BANGOR, Maine — The Greater Bangor Convention and Visitors Bureau honored its 2013 Tourism and Hospitality Eagle Award winners during a Tuesday night ceremony at Jeff’s Catering in Brewer. The Eagle Award honors individuals or organizations that have made contributions in economic impact to the Bangor area by providing time, ...
From the community
Governor Lepage to Speak at Special Winthrop Lakes Region Chamber of Commerce Meeting
The Winthrop Lakes Region Chamber of Commerce is hosting a special meeting on Thursday June 6, featuring Maine Governor Paul LePage, who will speak about state-related matters. The meeting will be held at 7 am at the Winthrop High School Performing Arts Center (211 Rambler Road) in Winthrop. Paul Richard ...
Weekly
Vacationland Inn undergoes renovations
By David M. Fitzpatrick, Of the Weekly Staff on May 22, 2013, at 9:14 a.m.
The owners of the Vacationland Inn on Wilson Street in Brewer have been busy remodeling the hotel’s lobby, outdoor fountain and breakfast room. On May 14, representatives of the city of Brewer joined owners Cheryl and Ross Bradford, co-managers LeeAnne and Allan Hewey, and representatives of the Greater Bangor Convention ...
Portland’s Otto Pizza to join Five Guys, El Rodeo in growing South Portland restaurant scene
SOUTH PORTLAND, Maine — The city’s restaurant scene has been expanding throughout the spring, but city councilors are not always as effusive as Councilor Linda Cohen was Monday night about one particular newcomer. “I know we are not supposed to have favorites, but I have fallen in love with Otto ...
Rockland landlords tell city it’s too strict in enforcing safety codes
ROCKLAND, Maine — A group of landlords has asked for a meeting with the City Council to discuss its enforcement of safety codes, contending that Rockland is stricter than other municipalities. A letter was sent to the council on April 25 from the Rockland Landlord Committee, which represents 45 people ...
Brunswick lawmaker says ‘backroom politics’ is plaguing base redevelopment bill
BRUNSWICK, Maine — After failing to gain committee favor by a single vote, a prospective bill to give Brunswick and Topsham direct appointments to the Midcoast Regional Redevelopment Authority board of directors now will have to win approval during a floor argument in the House of Representatives. The bill, LD ...
Rockport architects locked in legal battle
ROCKPORT, Maine — A judge has been asked to dissolve a longtime architectural firm in the midst of a legal dispute. A lawsuit was filed Tuesday in Knox County Superior Court on behalf of architect Richard L. Bernhard of Camden against his longtime business partner John W. Priestley III of ...
From the community
Presque Isle, Richmond latest Business-Friendly Communities
Bangor Daily News on May 21, 2013, at 6:29 p.m.
AUGUSTA, Maine — The Maine Department of Economic and Community Development on Tuesday named Presque Isle and Richmond as the latest Certified Business-Friendly Communities. “I applaud every effort taken by Presque Isle and Richmond to make doing business there easier and more efficient for job creators,” said Gov. Paul R. ...
Food trucks come to Portland
Joseph Urtuzuastegui applies the finishing touches to a Sonoran hot dog in the El Corazon food truck parked on Spring Street in Portland recently. The $2.50 item comes topped with bacon, cheese, pinto beans, pico de gallo, guacamole, mayo and mustard.
From the community
Sandy Nesin joins Community Health Options as provider relations rep
LEWISTON, Maine — Kevin Lewis, CEO of Maine Community Health Options (MCHO), recently announced that Sandy Nesin has joined the organization as provider relations representative. MCHO is a nonprofit organization that will provide affordable health insurance to Maine people and small businesses beginning in January 2014. The enrollment start date ...








