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TD Bank, KeyBank and Bank of America have closed branches in Cumberland County over the past decade, while community banks like Gorham Savings Bank, Bangor Savings Bank, Camden National Bank and Norway Savings Bank have stepped up their presence in the market.
Maine banks, wealth management firms and other financial advisors who work with retirement plans or provide retirement planning advice are gearing up to meet a new fiduciary rule from the Department of Labor that's scheduled to be gradually phased in beginning next April.
The top 15 employers in the state of Maine are all medical centers, universities, financial institutions or government entities. All of these organizations have something else in common — they have serious privacy and security concerns and are under pressure to protect their business systems, applications and data.
Forward-thinking business leaders should consider acquiring new or updated equipment before the end of 2016 to take advantage of legislation that both expands deductions and extends depreciation benefits for qualifying equipment purchases.
They come to be judged without being pre-judged. That's the premise of the House of Genius, where 10 panelists from firemen to financiers share business advice based on a single question presented by each of two entrepreneurial companies.
Many Maine communities use Tax Increment Financing to provide incentives to corporations and developers to attract new jobs and jumpstart major construction projects, from business parks to hotels to condominiums.
Sometimes referred to as “plywood on steroids,” CLT and related engineered wood products such as nail laminated and glue-laminated timber have been identified by the Maine Forest Products Council as among the forest products with growing potential to boost the state's forest products industry.
There's no shortage of opinions about the usefulness of advice. Take Lucy van Pelt's psychiatry booth in the comic strip “Peanuts,” where she tells the depressed Charlie Brown, “Snap out of it, five cents please.”
New hiresVerrill Dana, a law firm in Portland, hired Anya Endsley, Samuel Baldwin, Christopher Monroe and Michael Kebede as associates.
If you haven't heard the news yet about AM radio, you might never — at least not in your car.
Many automotive manufacturers have stopped supplying vehicles with the technology, claiming it interferes with electronics and that customers are tuning in less anyway.
But U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, say AM radio is essential, especially in rural regions. The lawmakers cite a National Association of Farm Broadcasters survey that found two-thirds of farmers listen to AM for weather forecasts and other information needed for business.
The association says AM radio reaches an estimated 82 million listeners monthly through more than 4,400 stations across the U.S.
Collins and King have signed onto legislation that would ensure manufacturers continue to provide AM reception in every new car and truck, at no charge.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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