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RENO, Nev. - State tax officials say the first month of legal sales of recreational marijuana in Nevada brought in more than $3.5 million in tax revenue.
 
Nevada Tax Department spokeswoman Stephanie Klapstein told The Associated Press Thursday they are "good numbers'' consistent with projections pot sales will generate $120 million in state taxes over the next two years.
 
The combination of a 15 percent wholesale and 10 percent retail tax raised $3.68 million in July, the first month of Nevada's fiscal year.
 

Nearly 500 Mainers engaged in workforce development met at the Bangor Cross Insurance Center Thursday as part of the recently formed Maine Workforce & Education Coalition.

Educate Maine Director Ed Cervone said his organization, the University of Maine System, the Maine Community College System the Finance Authority of Maine and more than 25 other coalition members have launched the coalition’s MaineSpark project to enroll more Mainers in programs that award postsecondary school degrees or professional credentials.

The Maine State Chamber of Commerce is joining a lobbying campaign spearheaded by Facebook co-founder Mark Zuckerberg that aims to give permanent legal status to so-called “Dreamers” — immigrants brought to the U.S. illegally as children. President Donald Trump says in March he will end a program that provides them temporary legal status.

Dana Connors, president of the Maine State Chamber of Commerce, says the tech and business communities here want Maine’s congressional delegation to support a path to citizenship for all 800,000 people who might otherwise be deported.

A.J. Higgins / Maine Public

Waterfront Concerts promoter Alex Gray has reached a 10-year agreement with the city of Bangor to continue to stage music events next to the Penobscot River.

After nearly a year of negotiations, the Bangor City Council unanimously approved the agreement, despite some concerns over the length of the contract and high volume levels.

Bangor businessman and council member Dan Tremble said he believes that the future of the city’s downtown is closely tied to the continued growth of the venue.

The growth in Maine residents' personal income slowed in the second quarter. 

That's according to the Bureau of Economic Analysis.  The federal agency's latest numbers show that Mainers' personal income rose six-tenths of a percent, slower than the 1.6 percent growth seen in the first quarter of the year.

The slight increase for Maine was almost exactly in line with the national growth rate - seven-tenths of a percent.

Most of the second quarter's increase came from Mainer's wages, or dividend and interest payments.  

NEW YORK - Credit reporting agency Equifax is ousting CEO Richard Smith in an effort to clean up the mess left by a damaging data breach that exposed highly sensitive information about 143 million Americans.
 
The shake-up announced Tuesday comes after Equifax disclosed that hackers exploited a software flaw that the company didn't fix to heist Social Security numbers, birthdates and other personal data that provide the keys to identify theft.
 
Smith had been Equifax's CEO since 2005. Paulino do Rego Barros Jr. was named interim CEO.
 

An Icelandic shipping company says it will double its scheduled calls on the port of Portland, starting with weekly trips in December. 

Eimskip relocated its U.S. headquarters from Virginia to Maine in 2013. The company's U.S. manager, Lars Insfeld, says since then the number of cargo containers moving through Portland rose from 5,000 a year to more than 10,000.

A strike at Bath Iron Works has been averted after members of the Bath Marine Draftsmen Association ratified an agreement on Saturday. The union had voted last weekend to authorize a strike if an agreement was not reached by Monday.

The union, which represents more than 700 workers, and BIW met with a federal mediator starting Wednesday. The two sides reached a tentative agreement late Friday evening.

Creative Commons

Verizon Wireless says it intends to resolve customer concerns in the wake of recently announced plans to drop more than 200 subscribers Down East. But some affected customers say they still have lots of questions.

Jim Mone / Associated Press

The International Trade Commission ruled Friday that inexpensive, imported solar panels have harmed U.S.-based panel manufacturers. In New England, solar installers say they started stockpiling the panels even before the decision.

The ITC supported a complaint by bankrupt U.S. solar panel maker Suniva and another company, calling for tariff charges on imported solar panels. Cheap panels, made mostly in China, have helped to fuel a surge in solar installations at all levels in the U.S.

As contract talks continue this weekend between the Bath Marine Draftsmen’s Association and Bath Iron Works, unions across the state are making plans to show support should a strike be called next week.

Should the talks fail this weekend and more than 700 members of the draftsmen’s union go on strike, the Maine AFL-CIO and BIW’s largest union, Local 6, are working on plans to stand in support.

‘Weird’ Veggies Anything But Unusual At Some Maine Farms

Sep 22, 2017
Gabor Degre / Bangor Daily News

SEARSMONT, Maine — When Hubert McCabe and Sarah Tompkins moved to Searsmont to start Fine Line Farm a few years ago, they quickly realized the local market for vegetables like tomatoes, cucumbers, squash and peas was already cornered by established farmers.

Jackson Lab Cries Foul Over Chinese Mouse Breeding

Sep 21, 2017
Bill Trotter / Bangor Daily News

Chinese researchers are breeding and selling two strains of Jackson Laboratory’s famous mice in violation of their contract, according to a federal lawsuit filed by the lab.

Sales of existing single-family homes in Maine increased by more than 6 percent in August compared to the year before.

The Maine Association of Realtors says the median sales price for the homes also increased by more than 4.5 percent, to $206,000.

Association Vice President Kim Gleason says the inventory of houses up for sale is still extremely tight across the entire state.

“We’ve had active phone calls with presidents of local boards and everybody’s reporting basically the same thing, which is low inventory,” she says.

BANGOR, Maine - Industry analysts say the primary owner of the Bangor Mall in Maine is at risk of defaulting on an $80 million loan that uses the mall as collateral.
 
The Bangor Daily News reports that Simon Property Group of Indianapolis took out the loan in 2007 and has made only interest payments. The paper reports that lender Morgan Stanley Capital turned the loan over to a special servicer that handles troubled debts in late August.
 

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