Please do not leave this page until complete. This can take a few moments.
Nearly 400 Bangor Savings Bank employees joined building project partners and community leaders who turned out Monday to celebrate the grand opening of the company’s new campus overlooking the Penobscot River in Bangor.
A six-year effort to create Maine's first credit union in three decades, and the first ever focused on farmers and food producers, is poised to become a reality.
Boston Financial Management is the newest wealth management and investment advisory firm to hang out a shingle in Portland in order to better serve high-net-worth clients in southern Maine.
The Maine Technology Institute was named the “2019 Financial Services Champion of the Year” by the Maine District Office of the U.S. Small Business Administration. The honor was presented during Wednesday night’s SBA Small Business Awards
WATERVILLE — New Dimensions Federal Credit Union, along with Bowman Constructors, broke ground at the site of its new main office at 94 Silver St.
GO Lab, an innovative, building products manufacturer based in Belfast, has received a $250,000 award from the U.S. Forest Service’s Wood Innovations Grant program. The grant will assist GO Lab in its mission to disrupt and transform the
Machias Savings Bank broke ground Monday on a new $5 million facility in Machias that will serve as an expansion of its home office.
Ten companies will compete for two $25,000 cash prizes in the 2019 Top Gun Showcase that will be held May 23 at the University of Southern Maine’s Hannaford Hall.
The 256-unit market-rate Clark’s Pond apartment project in South Portland, which was approved by the city’s Planning Board last June, has picked up additional investment funding that will enable developer Vincent Maietta to complete the construction
Who will take home the $50,000 grand prize in this year's LaunchPad competition for small businesses?
Pennacook Falls Investments Ltd. closed Wednesday on a loan that finalizes the capital needed to proceed with construction of a 63-room Best Western Plus Inn and Suites in Rumford, Maine.
After taking a year off, the Skowhegan Home Show — which gives a boost to the region's home and landscaping businesses — will be back Saturday, at the Skowhegan Fairgrounds.
Tom Manning is president and CEO of F.L.Putnam Investment Management Co., which serves clients in Maine, Massachusetts, New Hampshire and Rhode Island and has more than $2.2 billion in assets under management.
While retirement is a major life transition for anyone, women face some unique challenges, starting with the retirement gender gap, and continuing through aspects of the retirement planning process, from budgeting to investment strategy, health care
Financial advisors and human resources experts agree that education and personal attention are key to hiking participation rates in employer-sponsored investment plans.
An inverted yield curve, when short-term bonds have higher yields than long-term bonds, is a very good indicator that a recession is coming. Here are some tips to prepare your investment portfolio for a recession.
Maine is currently the only state where forward-thinking, business-friendly towns have taken the initiative to create their own Opportunity Zone Funds (OZF) to attract investors to the entire town — not just a single project. Maine has three such
U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have joined a bipartisan group of senators in introducing the “Agricultural Export Expansion Act of 2019,” legislation to remove a major hurdle for American farmers and ranchers aiming to sell American agricultural products in the Cuban market. The bipartisan bill would support jobs in Maine and throughout the country by lifting restrictions on private financing for U.S. agricultural exports to Cuba.
Collins and King noted in a recent news release that the 2018 Farm Bill took steps to help American agriculture access the Cuban market by allowing funding for U.S. Department of Agriculture export promotion programs for U.S. agricultural products to be used in Cuba. However, they said, the biggest barrier for producers as they seek access to Cuba is the Trade Sanctions and Reform Act’s prohibition on providing private credit for those exports, which forces Cubans to pay with cash up-front for American-grown food. As a result, American farm goods have become less competitive, and Cuba has turned to other countries that are able to extend credit directly to Cuban buyers for transactions.
The proposed bill would amend the Trade Sanctions and Reform Act to allow for private financing of agricultural exports and level the playing field for American farmers competing in the global market.
Noting that farming continues to be a major economic driver of Maine’s rural communities, Collins and King said the legislation would “open up a significant new export opportunity, without costing the government any money or risking any taxpayer dollars.”