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Biotechnology

  • MDI Bio Lab research uncovers mystery of why diet can prolong lifespan

    Lori Valigra January 25, 2017

    Diets can prolong health and lifespan, but scientists haven't known why until now, when researchers at MDI Biological Laboratory discovered a genetic pathway that explains the process.

    Lori Valigra January 25, 2017
  • First chapter in comeback story for rural Maine?

    Staff January 19, 2017

    Maine's struggling forest products industry, which has been hit hard by the closure of six pulp and paper mills in the past three years, is getting a $1 million boost from the federal government to implement a strategic plan for capitalizing on

    Staff January 19, 2017
  • PC Construction 'tops out' new Jax Lab research building

    Staff January 10, 2017

    PC Construction celebrated a major milestone in its $14.25 million construction project for Jackson Laboratory when it bolted the final piece of structural steel in place Monday for the lab’s new Center for Biometric Analysis in Bar Harbor.

    Staff January 10, 2017
  • Executive director of Bigelow Lab dies at 58

    December 28, 2016

    Graham Shimmield, executive director of Bigelow Laboratory for Ocean Sciences, dies at 58 after a battle with cancer.

    December 28, 2016
  • Seven companies receive MTI funding

    December 22, 2016

    The Maine Technology Institute has awarded $33,100 in funding that's intended to advance new products and process development at seven companies across the state.

    December 22, 2016
  • Falmouth to wait and see on marijuana sales

    December 14, 2016

    Unlike other communities around Maine, the town of Falmouth has decided to hold public workshops to explore the topic of the sale and cultivation of marijuana, rather than impose a moratorium.

    December 14, 2016
  • Jackson Lab pulls in lots of money, but is there ever enough funding for life-saving research?

    Lori Valigra October 17, 2016

    Despite the $80 million in funding expected in 2016 — the Bar Harbor-based lab has 19 grants awarded through the first three quarters of this year — there's still a dire need for more.

    Lori Valigra October 17, 2016
  • Jackson Lab expanding into China with university collaboration

    Staff October 12, 2016

    A goal several years in the making is finally being realized for the Jackson Laboratory in Bar Harbor, as the biomedical lab announced that it will be expanding into China through a partnership with Wenzhou Medical University in Wenzhou, China, on

    Staff October 12, 2016
  • ImmuCell's gets OK for Portland expansion tax break

    September 20, 2016

    Portland's City Council gave the green light to animal health products manufacturer ImmuCell Corp. to get $375,000 in local financing through a 12-year tax break to help its expansion.

    September 20, 2016
  • MDI Bio Lab scientists score patent for heart repair medicine

    Staff August 23, 2016

    Three scientists at the Bar Harbor-based MDI Biological Laboratory have been awarded a patent — the first for the lab — for MSI-1436, a potential new heart disease drug that stimulates the repair and regeneration of heart tissue damaged by injuries

    Staff August 23, 2016
  • MDI Bio Lab appoints new board member

    Staff August 17, 2016

    The Bar Harbor-based MDI Biological Laboratory's board of trustees appointed Ned Cloonan to its board.

    Staff August 17, 2016
  • Mainebiz Women to Watch alumni: Checking in on past winners

    Lori Valigra August 8, 2016

    Mainebiz's annual Women to Watch has become a who's who of female business leaders across the state. We've decided to take a look back at some of our previous honorees to see where they are today.

    Lori Valigra August 8, 2016
  • Fluid Imaging IDs algae behind Florida state of emergency

    Staff August 5, 2016

    Scarborough-based Fluid Imaging Technologies helped solve the mystery of an algal bloom off Florida's east coast that caused some communities to declare a state of emergency.

    Staff August 5, 2016
  • Jackson Lab groundbreaking heralds expanded space, more jobs

    August 5, 2016

    Jackson Laboratory officials were joined by state and local leaders earlier in the week to celebrate the kickoff of the retrofitting and expansion of an Ellsworth building that once housed a Lowe's.

    August 5, 2016
  • MTI gives Maine entrepreneurs $46,454 boost in funding

    Staff August 5, 2016

    The Maine Technology Institute approved six grant applications for the month of July totaling $46,454 to Maine businesses specializing in advancements in fields including aquaculture and marine technology, biotechnology, composite materials,

    Staff August 5, 2016
  • Jackson Labs lands $28.3M fed grant for gene research

    Staff August 4, 2016

    The Bar Harbor-based Jackson Laboratory will be awarded $28,305,235 in federal research funding from the National Institutes of Health to fund the second phase of a project researching the functions of genes in mice that can be used to discover how

    Staff August 4, 2016

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Poll Description

U.S. retail sales continued to grow in May but not at the pace of previous months, the National Retail Federation reported last week.

Total retail sales, excluding automobiles and gasoline, were up 0.49% seasonally adjusted month over month and up 4.44% unadjusted year over year in May, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. That compared with increases of 0.72% month over month and 6.76% year over year in April.

Sales of digital products were up last month (by 1.81%), but sales of general merchandise and clothing and accessories were flat.

Declines were reported for electronics and appliances (by 1.98%), furniture and home furnishings (0.24%) and building and garden supply stores (2.3%).

“While momentum remains, the nature of consumer spending is shifting as economic uncertainty increases. Consumer fundamentals haven’t been damaged yet, and a slowing-but-still-growing job market is supporting household priorities ahead of any meaningful price increases in the coming months," said Matthew Shay, president and CEO of the National Retail Federation.