Home sales and prices are slowly growing in Bangor
Realtors in Bangor have seen homes for sale over the past year get snapped up much more quickly than in prior years.
Coronavirus’ impact on Maine’s economy
NATIONAL BUSINESS
TD Bank system back up after widespread outages
The website Down Detector shows the problems began to be reported during the night and escalated around 6 a.m.
Bangor’s 1st legal pot store sees market grow as recreational sales double statewide
While many continue to buy marijuana for medical purposes, and a new medical dispensary just opened in Bangor, recreational sales — for which buyers simply have to be 21 or older — have been growing since October.
Conservationists and lobstermen are unhappy with federal rules to protect right whales
The new rules being proposed target the trap lines used in the lobster industry to reduce entanglements.
Maine’s lobster industry will soon contend with new rules to protect right whales
The coming restrictions have sparked a rancorous debate between environmentalists and lobster fishermen.
The mall area could be Bangor’s next outdoor dining destination
Outdoor dining has become increasingly popular during the pandemic, and a few restaurants at the mall area already have the space to offer it.
Maine regulator says grid faces ‘very difficult transition’ with shift to renewables
Maine’s electric grid was built decades ago to accommodate big power generators like hydroelectric dams, oil- and gas-fired plants and nuclear stations.
Bangor’s new Korean restaurant will showcase local dad’s home cooking
Bangor resident Changsu Kristopher Lee is ready to bring his homemade Korean dishes to his new restaurant, Korean Dad.
Walmart violated law when it refused to give Skowhegan worker a set schedule, lawsuit says
The Maine Human Rights Commission has sued discount store giant Walmart in federal court over its Skowhegan location’s refusal to allow an employee with an intellectual disability to have a set weekly schedule.
Maine home sales extend record run with rural counties seeing hottest market
Buyer demand is still strong, but one possible damper on this year is the historically low number of homes for sale, Aaron Bolster, president of the association, said.
Court: Apple owes more than $500K in sales taxes in Maine
Apple sold iPhones at a discount if the consumer signed a long-term contract with Verizon Wireless, AT&T Mobility and Sprint, and then taxed the consumer on the discounted price.
Brunswick aerospace company developing next biofueled rocket
The Brunswick-based aerospace company is in the early stages of developing the Stardust 2.0, which will improve on the history-making Stardust 1.0’s design.
Toro recalls 6,700 snowblowers due to ‘amputation hazard’
The recall instructs anyone with a 2021 Power Max 826 OHAE snowblower, model number 37802, to stop using the machine and contact a Toro-authorized dealer for free repairs.
Robinhood CEO defends actions in GameStop saga at hearing
In his opening testimony, Vlad Tenev defended Robinhood against allegations that trading restrictions it put in place disadvantaged those smaller investors in favor of bigger institutional clients.
Private investment firms to buy Poland Spring as part of $4.3 billion deal
First founded in Maine over a century ago, Poland Spring now employs more than 800 people here.
Nashville company to invest $150M in New Limerick mill to make engineered wood siding
The Houlton mill was chosen in part due to the area’s ample access to aspen trees, the wood LP uses in its manufacturing process.
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