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A glass of cognac is pictured on a bar in Manhattan in a November 2015 file photo.

See how state officials want to change the price of Maine liquors

Electricity Maine insurer doesn’t want to pay to fight customers’ class-action suit

The insurer for electricity seller Electricity Maine says it doesn’t have to pay for the company to defend a class-action lawsuit, and it wants a judge to agree.
A man sorts lobsters at Ready Seafood on Thursday April 28, 2016, in Portland, Maine. China has become a large market for Maine lobster.

Maine lobstermen, wholesalers worry Trump could ruin access to Asian markets

“The market seems endless, but I do absolutely watch China-U.S. relations. The fragility of these relations has potentially huge repercussions for our industry.”

A U.S. company offers to implant chips in its employees

The company is expecting 50 of its employees to voluntarily sign up for the implants.
Catalyst Paper Corp. wants to use two taxpayer-backed incentive programs to attract investors in its Rumford mill, where it wants to add a machine to make tissue paper. The company said it's part of a “transformation strategy” that so far has involved reducing its costs by about 15 percent.

Mill says it has major buyer lined up for tissue paper, taxpayer help would support 62 jobs

The company said the project would allow it to take advantage of a growing market for the tissue paper, and even has a “major paper merchant” lined up.
A report by economist Chuck Lawton estimated the job impacts of Catalyst's Rumford mill adding a tissue machine. The company needed to show the project would create or retain at least 200 jobs, as a direct or indirect result of the investment, in order to get as much as $40 million from investors.

How 25 jobs becomes nearly 2,000 jobs

Catalyst Paper projects a new tissue-making operation in Rumford will support thousands of jobs — a projection necessary for getting access to taxpayer money it can use to attract investors.
This image of a proposed redevelopment of the east side of Saco Island was posted online by the City of Saco.

Developers plan condos, hotel and restaurant for Maine island property

Saco Island, located in the Saco River on the south side of the city, was once a busy factory district.

Chipotle shuts Virginia restaurant on norovirus worries, shares fall

Chipotle’s stock closed down 4.3 percent, or $17.02, at $374.98 on Tuesday.

Nasdaq hits record on Netflix boost; Dow dragged by Goldman

The CBOE Volatility index ticked up to end at 9.89 on its fourth consecutive close below 10.

Wall Street ends flat; Netflix jumps after the bell

U.S. stocks closed little changed in low volume on Monday as gains in utilities and consumer stocks offset declines in healthcare.

Maine town: Lawn business doesn’t have enough lawn to be business

A Planning Board decision stated he does not have enough property to meet the town’s minimum lot size requirements.

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