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A decade ago, the publisher and the editor of Mainebiz, both women, took a hard look at our pages and said, "Where are the women?" That question led to some soul searching and eventually to Women to Watch, an annual award given to female executives who are making an impact in the business world. Now, after 10 years, Mainebiz has honored 46 women, including this year's newest honorees. This issue includes profiles of this year's Women to Watch as well as a special insert commemorating all of the honorees from the past 10 years.
Jed Porta went to work at Migis Lodge when he was 12. The lodge, built in 1916, has been in the Porta family for 50 years. He's now the third generation operating the South Casco lodge.
Health care, shipbuilding construction projects in worksMaine Coast Construction of Camden will build the planned Building 6 at Front Street Shipyard in Belfast.
Less than two months after the death of Sterling Kozlowski, KeyBank's Maine market president, the bank has named his successor.
Most executives and HR managers would say their employees are their greatest asset. Here are some tips on how communicate that in meaningful ways.
Key Performance Indicators define success for a process based on what customers value — low cost, high quality and service and flexible terms. The process needs to be safe and profitable in a sustainable work environment.
This year Mainebiz takes note of 10 years of honoring the Women to Watch.In addition to writing about this year's honorees, we have a commemorative issue with updates on 44 honorees from the past decade.
New hiresBar Harbor Bank & Trust hired Doug Stewart as senior vice president of human resources operations and total rewards. Stewart has 25 years of human resources experience.
Over the past several months, banks and other businesses have been looking for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions have been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
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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