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Banking & Finance

  • RadioShack’s future in Maine unclear

    September 12, 2014

    The future of RadioShack’s 35 stores in Maine is up in the air after the company announced this week that it may file for bankruptcy.

    September 12, 2014

  • Expert: Banks suffer the most from data breaches

    September 8, 2014

    In light of a recent data breach at Home Depot, the president of the Maine Credit Union League said financial institutions will pay the biggest price, far more than consumers ever will.

    September 8, 2014

  • Mergers and regulations: Two decades of change in banking

    Douglas Rooks September 8, 2014

    One thing Bill Ryan learned during his long career in banking is that there is opportunity in every situation — even a major banking crisis.

    Douglas Rooks September 8, 2014

  • LOOKBACK: Celebrating Mainebiz's 20th anniversary - the early 2000s

    Lori Valigra September 4, 2014

    Lori Valigra September 4, 2014

  • LOOKBACK: Celebrating Mainebiz's 20th anniversary

    Lori Valigra September 3, 2014

    Moving forward in our LOOKBACK series run-up to Mainebiz’s 20th anniversary edition on Sept. 8, at the start of 1996, a poll of Maine employers by Manpower Inc.

    Lori Valigra September 3, 2014

  • Penobscot Nation seeks input on water quality standards

    August 7, 2014

    The Penobscot Nation is hosting a public hearing tonight on new water quality standards for tribal waters the tribe has proposed to the federal Environmental Protection Agency.

    August 7, 2014

  • FairPoint suffers $22.7 million Q2 net loss

    August 6, 2014

    FairPoint Communications Inc., a major telecommunications provider and employer in Maine, posted a $22.7 million net loss for the second quarter, compared with a $43.1 million loss for the same period a year ago.

    August 6, 2014

  • Bar Harbor Bankshares reports record Q2 earnings

    August 4, 2014

    Bar Harbor Bankshares (NYSE: BHB), the parent company of Bar Harbor Bank & Trust, is reporting record net income of $3.9 million for the second quarter of 2014, representing an increase of $687,000, or 21.7%, compared with the second quarter o

    August 4, 2014

  • Solar energy company files for Chapter 7 bankruptcy

    August 4, 2014

    Ascendant Energy, a solar technology company based in Owls Head, has filed for Chapter 7 bankruptcy, citing $780,000 in debt and nominal assets.

    August 4, 2014

  • FAME makes improvements to loan insurance program

    July 29, 2014

    Financial institutions seeking to apply for loan insurance through the Finance Authority of Maine will now have access to increased coverage.

    July 29, 2014

  • Ex-banker gets 8 years for embezzling nearly $3M

    July 23, 2014

    A former banker has been sentenced to more than eight years in prison, months after pleading guilty to charges of tax fraud and embezzling nearly $3 million from her employer.

    July 23, 2014

  • Venture capital investments in Maine up for Q2

    Lori Valigra July 18, 2014

    Maine's venture capital deals more than doubled in value and deal numbers in the second quarter over the same period last year, and were up significantly from the first quarter, though the funding amounts and deal numbers are still small com

    Lori Valigra July 18, 2014

  • Waterville Window Company files for bankruptcy

    Dylan Martin July 15, 2014

    Waterville Window Company Inc., a Winslow-based company founded in 1953, has filed for Chapter 7 bankruptcy, just seven months after the owner predicted a business expansion.  

    Dylan Martin July 15, 2014

  • New York bank plans Portland expansion

    July 3, 2014

    NBT Bank, a federally chartered bank based in Norwich, N.Y., is planning to open an office in Portland this year that will focus on commercial banking and wealth management.

    July 3, 2014

  • Ex-loan officer sentenced for embezzling $14M

    June 27, 2014

    The U.S. District Court in Portland sentenced Walter Scott Fox III, a former KeyBank loan officer, to 10 years in prison for embezzling $14 million in bank funds to pay for prostitutes and cars, among many other expenses.

    June 27, 2014

  • Bangor Savings Bank reports 13th year of consecutive growth

    June 24, 2014

    Bangor Savings Bank has reported its 13th year of consecutive growth, attributing its success to strong customer service and an ability to adapt to new technologies, regulations and trends.

    June 24, 2014

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Today's Poll

What’s your go-to beach read?
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.

More Information