Business

 
The Berry Manor Inn co-owner Cheryl Michaelsen (right) and assistant inn keeper Lori Hayes prepare pies at the Rockland inn in this January 2016 file photo. Michaelsen and Michael Laposta are challenging the city’s tax policy as discriminatory.

Historic Rockland inn owners claim city tax policy discriminatory

By Stephen Betts on June 28, 2016, at 5:39 p.m.
The owners of a historic inn are challenging the city’s tax policy as discriminatory.
A landline telephone.

PUC to begin meetings on changes for basic landline customers

By Darren Fishell on June 28, 2016, at 4:39 p.m.
PORTLAND | Utilities regulators will visit Bangor July 7, in the first of a series of informational meetings about changes to FairPoint Communications’ price-controlled, basic landline phone service starting Aug. 28. A law passed during the last legislative session phases out regulated landline service in 22 of Maine’s largest …
Kurt Klebe

Verrill Dana Attorneys Ranked in Inaugural Chambers and Partners High Net Worth Guide

By Verrill Dana on June 28, 2016, at 3:29 p.m.
Verrill Dana attorneys Kurt Klebe and Mary McQuillen were recently recognized in the inaugural Chambers High Net Worth guide, Chambers and Partners first publication specifically aimed at the international private wealth market. The firm, one of only three Maine firms ranked, was also recognized for its Private Clients & Fiduciary …
The owners of the historic Talbot Home contend the city has grossly overassessed the property and are asking for an abatement.

Owners of historic Rockland B&B seek abatement

By Stephen Betts on June 28, 2016, at 2:46 p.m.
The owners of the historic Talbot Home contend the city has grossly overassessed the property and are asking for an abatement.

Feds give Maine $4 million to educate, train people for IT jobs

By Darren Fishell on June 28, 2016, at 1:07 p.m.
The U.S. Department of Labor has given $4 million to a nonprofit partnership aimed at training young adults and people who have lost their jobs for careers in information technology, starting in July.

Festival Committee to Decide to Cancel or Not

By International Homecoming Festival on June 28, 2016, at 12:21 p.m.
The International Homecoming Festival, now entering its 43rd year, is like that of any hometown festival–a grand parade, spectacular fireworks, music and entertainment, and fun events for people of all ages. This year is different, however, in that the committee is struggling to find the necessary funds for all of …
Alex Hemlin

Carrabassett Valley Academy hires head ski cross coach

on June 28, 2016, at 12:17 p.m.
CARRABASSETT VALLEY – Carrabassett Valley Academy has hired Alex Hemlin as its new Ski Cross Head Coach. He will be responsible for the staffing, programming, implementation and supervision of the Academy and Weekend Ski Cross Programs. “Now in its 6th year, CVA’s Ski Cross program has a tremendous track record …
Winsupply of Rockland will be opening in August at this Industrial Park location.

HVAC business to open in Rockland

By Stephen Betts on June 28, 2016, at 12 p.m.
A wholesale heating, air conditioning and plumbing supply business will be opening in the industrial park.
The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, Dec. 22, 2015.

Dow Chemical plans 2,500 job cuts as plants to close in revamp

By Tom Lavell, Bloomberg on June 28, 2016, at 10:43 a.m.
Dow Chemical Co. plans to eliminate about 2,500 jobs and shut plants in North Carolina and Japan to achieve $500 million in cost savings and more revenue from taking full control of its Dow Corning Corp. silicone venture.
A giant logo of Volkswagen is pictured on the wall of its production facility in Wolfsburg, Germany, April 28, 2016.

US files $15.3 billion VW settlement, buybacks to begin in October

By David Shepardson and Joel Schectman, Reuters on June 28, 2016, at 10:04 a.m.
Volkswagen AG has agreed to pay more than $15.3 billion in a settlement with U.S. regulators over pollution caused by its diesel vehicles, according to a source briefed on the matter.
A logging truck delivers logs to the Verso paper mill in Jay.

Verso reboots name of new paper product after Expera sues

By Darren Fishell on June 28, 2016, at 9:39 a.m.
Verso last week asked the bankruptcy court to approve a settlement of a lawsuit, for which it would change the name of that product line to include its “GlazeWrap” and “GlazeBag.”
The British nationals flag flies in front of the Big Ben clock tower in London, June 24, 2016. In a referendum the day before, Britons voted by a narrow margin to leave the European Union.

‘Brexit’ vote sends new shocks through markets; political chaos deepens

By Kylie MacLellan and Anirban Nag, Reuters on June 27, 2016, at 4:25 p.m.
Britain’s vote to leave the European Union sent new shockwaves through financial markets, with the pound falling despite the country’s leaders’ attempts to ease the political and economic turmoil it has unleashed.

Bangor Savings Bank reaches 15 straight years of earnings

on June 27, 2016, at 3:13 p.m.
BANGOR, Maine — Bangor Savings Bank announced record earnings at its 164th annual meeting held Monday, June 27. For its 2016 fiscal year that ended March 31, BSB earned net income of $23.01 million, a 2.86 percent increase over 2015, and logged its 15th consecutive year of earnings growth. The …
Pictured are University of Maine Foundation President Jeffery N. Mills, Ph.D., Entrepreneur David S. Sklar '63 and UMaine President Susan J. Hunter, Ph.D. Sklar accepts his recognition certificate as a new member of the Charles F. Allen Legacy Society.

UMaine alumnus David Sklar joins Legacy Society with $1M planned gift

By Monique Hashey on June 27, 2016, at 1:36 p.m.
David Sklar, a product of his time, became a survivor in the face of antisemitism and a hand full of trying cards. “The two biggest things I’ve tried for in life are fighting antisemitism and, now, supporting students: giving them a chance to go on to UMaine, whether it’s for …
A coal train is heading north through the old Georgia-Pacific site in Bellingham, Washington, March 1, 2011.

Monthly coal use for US power production falls to lowest since 1978

By Reuters on June 27, 2016, at 1:02 p.m.
Ten years ago, coal produced 50 percent of the nation’s power supply, while gas accounted for just 19 percent. Now both fuel about a third.
F. Lee Bailey speaks at a Bangor Region Chamber of Commerce Early Bird Breakfast, Feb. 24, 2010.

After filing for bankruptcy, famed lawyer F. Lee Bailey says ‘it’s not over yet’

By Fred Barbash, Washington Post on June 27, 2016, at 11:45 a.m.
His storied career of hundreds of cases also includes defending Albert DeSalvo, also known as the Boston Strangler; Patty Hearst, the newspaper heiress convicted of bank robbery in 1976; and Ernest Medina, the former U.S. Army captain for whom Bailey won an acquittal in 1971 in connection to the My Lai massacre during the Vietnam War.
Customers pump gas at a Brewer gas station April 11, 2016.

Maine gas prices dip ahead of Fourth of July holiday

By Darren Fishell on June 27, 2016, at 10:01 a.m.
Maine’s average gas price fell a little less than 1 cent in the past week, to $2.34 per gallon, about 46 cents less than a year ago.

BBBS GOLF TOURNAMENT TO BENEFIT LOCAL CHILDREN

By Cathy Hardy on June 27, 2016, at 8:47 a.m.
Friday, Aug. 26, 2016 7:30 a.m. to 2 p.m. Location: Hermon Meadows Golf Course, 281 Billings Rd., Hermon, ME For more information: 2072362227; bbbsmidmaine.org (Bangor) The Hermon Meadows golf course will be the setting and Big Brothers Big Sisters of Mid-Maine will be the beneficiary of a golf tournament to …
THE DAY JOB

The Chicken or the Egg

on June 27, 2016, at 8 a.m.
A lot of my content doesn’t just come from my head. It comes from talking with my peers, dissecting our successes and failures, and doing our best to not make decisions in a vacuum. This one is directly from a discussion I’ve had with the boss recently, or rather, one …
Potato and oat fields can be seen on the last day of planting on June 18 at Hemphill Farms in Presque Isle. The farm rotates fields between oats and potatoes.

Maine potato planting wrapped up after winter of reckoning with outbreak

By Anthony Brino on June 26, 2016, at 7:36 a.m.
Maine potato farmers have wrapped up planting and are hoping for a good year.
 

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