See all stories in business →
The Lobster Pound Restaurant in Lincolnville is closed for good.

Iconic midcoast eatery going up for auction

The former owners of the Lincolnville Lobster Pound announced in December that the business wouldn’t be opening its doors next season, closing the books after nearly a century.
The Carlton Bridge is seen behind the Sagadahoc Bridge from the Bath waterfront on March 11, 2015.

Maine sends $460 million projects wish list to Trump

Maine is looking for $460 million to help pay for bridge improvements for roads and rail lines as well as barge service between Portland and mid-Atlantic ports.
Developer Paul Boghossian stands outside the Hathaway Creative Center in Waterville in 2013.

Former Hathaway shirt mill in Waterville sells for $20 million after renovations

Waterville’s former Hathaway shirt mill sold for more than $20 million after a developer renovated the building into office and apartment space on the city’s riverfront.
Customers ride the escalator at a J.C. Penney store in New York, Aug. 14, 2013.

J.C. Penney to close up to 140 stores, doesn’t say where

J.C. Penney on Friday said it plans to close between 130 and 140 stores in the next several months, a move that makes it the latest retail stalwart to pull back from the mall amid the rise of online shopping.
Maine Attorney General Janet Mills.

Feds, state sue Maine firm over alleged false advertising for health supplements

The lawsuit claims a South Portland-based supplement company and others used false advertising to sell health supplements that promised joint pain relief and memory improvements.
FairPoint Communications has asked Maine utility regulators to free it from a requirement to provide regulated landline phone service in another five communities. A law passed last year removed the requirement for seven of the largest communities and set out a schedule for removing others.
The Point

FairPoint asks to get rid of regulated landlines in five more towns

Alfond Foundation vows to pay off students’ debt to draw STEM workers to Maine

The Alfond Leaders competitive grant program will give about 150 recipients up to $60,000 in college debt relief per person over the next three years.

Classical station WBACH abruptly pulled from airwaves

The classical radio station WBACH stopped broadcasting over the weekend.

On The Job