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Banking & Finance

  • Rockland contractor faces foreclosure, $1M in liens

    March 26, 2013

    A Superior Court judge has approved liens on the bank accounts of four family members operating a Rockland contracting business in attempts to recover a loan from the Bank of Maine.

    March 26, 2013
  • CEO David Desjardins leads Acadia FCU to prosperity

    Carol Coultas March 18, 2013

    David Desjardins doesn't have anything against technology; he just prefers to conduct business face-to-face.

    Carol Coultas March 18, 2013
  • Blease to launch Brunswick Landing call center

    March 15, 2013

    Heather Blease, former head of the Brunswick-based EnvisioNet, has announced plans to open a call center at the former Brunswick Naval Air Station by the end of May.

    March 15, 2013
  • Bakers union opposes Flowers' Hostess bid

    March 6, 2013

    The bakers union representing former Hostess workers — including about 370 in Maine — says it objects to the planned sale of the bankrupt company's assets to the Georgia-based Flowers Foods Inc.

    March 6, 2013
  • Flowers set to get Hostess breads, Biddeford bakery

    March 4, 2013

    Flowers Foods Inc. has been selected as the high bidder on six Hostess bread brands and 20 of the bankrupt company's bakeries, including a plant in Biddeford.

    March 4, 2013
  • Rogue industries builds a better billfold

    Matt Dodge March 4, 2013

    Image

    Matt Dodge March 4, 2013
  • How to structure a business loan from relatives

    Alison Hinson March 4, 2013

    Loans from relatives have helped more than one business get started or stay afloat. Depending on the outcome, this type of financing can either be a dream come true or the beginning of your worst nightmare.

    Alison Hinson March 4, 2013
  • Karen Mills on her record as SBA administrator

    Darren Fishell March 4, 2013

    Karen Mills, administrator of the U.S. Small Business Administration, will step down from the position in President Obama's Cabinet after the agency's second-term agenda is set and a successor is confirmed by the U.S. Senate.

    Darren Fishell March 4, 2013
  • Seed capital tax credit program hits its cap

    James McCarthy March 4, 2013

    Josh Davis, co-founder of The Gelato Fiasco, is a big fan of Maine's Seed Capital Tax Credit Program, which his company tapped in 2012 for almost $600,000 in startup capital to expand its wholesale operations into new grocery chains and other reta

    James McCarthy March 4, 2013
  • MDI lab launches regenerative tissue spinoff

    Lori Valigra February 19, 2013

    The Mount Desert Island Biological Laboratory has spun off the first company in its 115-year history, led by lab director Kevin Strange and regenerative biology researcher Voot Yin.

    Lori Valigra February 19, 2013
  • Abierto Networks gets $100K in VC funds

    February 19, 2013

    The Maine-based Small Enterprise Growth Fund, which leverages state funds to attract venture capital matches, has invested $100,000 in the Eliot-based digital marketing firm Abierto Networks.

    February 19, 2013
  • Mills steps down from SBA helm

    February 11, 2013

    Karen Mills, head of the U.S. Small Business Administration and Maine resident, will step down in May from the post she took on in 2009.

    February 11, 2013
  • Maine Angels hit record investment levels

    January 30, 2013

    The Maine Angels venture capital group reported a record level of investment in 2012, topping $3.3 million.

    January 30, 2013
  • Gorham Savings puts up $30K in contest

    January 9, 2013

    A new Gorham Savings Bank contest offers $30,000 to the business idea that can make it through a panel of judges and a final round of online votes.

    January 9, 2013
  • Hostess to sell its brands to several buyers

    December 26, 2012

    Hostess Brands Inc. expects to sell Twinkies, Wonder Bread and its other brands of snack cakes and breads to separate buyers, the Irving, Texas-based company said in bankruptcy court on Friday.

    December 26, 2012
  • NewPage completes Ch. 11 financial restructuring

    December 26, 2012

    NewPage Corp., owner of the Rumford paper mill employing 900 workers, has emerged from Chapter 11 bankruptcy with a "sustainable capital structure" that will enable the $3.5 billion producer of printing and specialty papers in North America to sta

    December 26, 2012

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Today's Poll

What’s your go-to beach read?
Choices
Poll Description

Summer in New England – or anywhere else for that matter – is an ideal time for pleasure reading, and tastes can vary widely as we recently wrote about in a seasonal feature story.

With Maine's abundance of independent bookstores, including a new vendor on wheels making the rounds in the midcoast region, we're keen to know what you're paging through.