Business News

5:46 pm , 08/28/2015 Bangor Daily News

PORTLAND, Maine — The researcher working with Gorham treasure hunter Greg Brooks told a federal investigator that he had collaborated in a scheme to defraud investors, according to a search warrant application unsealed Friday. No charges have formally been filed against Brooks, whose company Sea Hunters had touted its discovery …

5:16 pm , 08/28/2015 Bangor Daily News

SAN FRANCISCO — Instagram has added new layout options in addition to its signature square for pictures and videos in a bid to attract more advertisers and to stop users defecting to more flexible services such as Snapchat. The move is the first major alteration to the photo-sharing, social media …

5:15 pm , 08/28/2015 Bangor Daily News

JACKSON HOLE, Wyoming — The U.S. Federal Reserve on Friday left the door open to a September interest rate hike even while several central bank officials acknowledged that turmoil in financial markets, if prolonged, could delay monetary policy tightening. Some top policymakers, including Fed Vice Chairman Stanley Fischer, said the …

3:58 pm , 08/28/2015 Bangor Daily News

Monday, Sept. 28, 2015 8 a.m. to 3 p.m. Location: Maine Technology Institute - Community Room, 8 Venture Avenue, Brunswick, Maine For more information: 207-588-1015; mainetechnology.org/news-events/calendar/event/1018 Come learn how to participate in the federal NIH SBIR/STTR grant program, featuring guest speaker Dr. Matthew Portnoy. Dr. Portnoy will discuss funding for …

3:49 pm , 08/28/2015 Bangor Daily News

Thursday, Oct. 8, 2015 2 p.m. to 3 p.m. Location: Your Computer, Your Location, Maine For more information: 207-588-1015; mainetechnology.org/news-events/calendar/event/1020 This webinar will focus on the application process for the early stage funding components of the Business Innovation Program. Those components include the TechStart Grant and Seed Grant. Please visit …

3:17 pm , 08/28/2015 Bangor Daily News

MOUNTAIN VIEW, California — Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto the skin of a plane. Carter said funding for the Obama administration’s …

3:05 pm , 08/28/2015 Bangor Daily News

PORTLAND, Maine — Renewable power developer SunEdison has withdrawn plans for a wind farm in Hancock County, saying it needs more time to respond to issues raised by environmental regulators. John Lamontagne, spokesman for SunEdison, wrote in an email to the Bangor Daily News that the company plans to refile …

12:38 pm , 08/28/2015 Bangor Daily News

BATH, Maine — The owner of the former Bath hospital will be before the planning board on Tuesday seeking another developmental subdivision and site plan approval for additional apartments in the mixed use space. The approvals are needed to make sure those 12 residential units won’t tax the city’s existing …

11:54 am , 08/28/2015 Mainebiz

After launching only 20 months ago, Portland gift card startup Buoy Local has gained an important supporter in one of Maine's largest independent banks as it plans to expand its coverage for local merchants beyond southern Maine.

11:51 am , 08/28/2015 Mainebiz
A former employee of Portland-based Stanford Management is being accus