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Job market experts view planned layoffs by Charter Communications in Portland as an early indicator of further disruptions.
Employees affected by the layoffs will continue to receive regular pay for 90 days, after which those who don't relocate to other roles will receive severance and eligible benefits.
Proceeds from the asst sale, to a Vermont-based telecom company, will be used to pay Tilson's creditors as it seeks Chapter 11 bankruptcy protection.
Companies in this year's Inc. 5000 list generated a combined $300 revenue in 2024. The list includes Maine companies that span sectors from technology to construction.
The company said it will use the money to meet customer obligations and pay employees, vendors and others as it seeks a buyer for the business.
The Portland-based developer of fiber and wireless networks said it has received more than $40 million in new engineering, operations and maintenance and consulting work over the last month alone.
The IT company has hired a Michigan-based investment bank to conduct the sale, a court filing shows.
The company said it aims to address financial challenges triggered by the abrupt cancellation of one client's contracts.
Code conservation strategies include reduced historical and projected demand for new numbers.
Six Maine business and nonprofit leaders shared '60 ideas in 60 minutes' at a panel discussion moderated by Linda Varrell, president of Broadreach Public Relations.
A new ambassador program aims to engage growers, fishermen and coastal residents in discussion about aquaculture, filling a gap in communication and mentoring opportunities at the community level.
The funding includes $9.6 million in grants from the Maine Connectivity Authority and will help connect more than 15,500 homes and businesses across Waldo and Lincoln counties.
The president/CEO of Burgess Marketing & Advertising in Portland is also the ceremonial last finisher of Maine Cancer Foundation's annual Tri for a Cure fundraiser, raising close to $190,000 in 17 years.
"With this approval, Maine can now put historic federal funds to use to bring the internet to more people in Maine," Gov. Janet Mills said of the federally funded plan.
The iconic digits might last another nine years. Mainebiz takes a look at the end of 207, including an expert's prediction of what the state's next area code will be.
The final round came down to Jessica Estes, president of the Boulos Co., who was playing for Learning Works, and Jacqueline Edmondson, president of the University of Southern Maine, who was playing for the USM Scholarship Fund.
In 2026, Maine voters will have their say in four key elections.
U.S. Sen. Susan Collins, R-Maine, is up for reelection for one of Maine's two Senate seats. (U.S. Sen. Angus King, I-Maine, will face reelection in 2030.) The November vote has added weight because Collins chairs the Senate Appropriations Committee, a significant source of Maine's federal funding.
In the House of Representatives, U.S. Rep. Jared Golden, D-2nd District, is not seeking reelection. The district includes northern and much of eastern Maine. And U.S. Rep. Chellie Pingree, D-1st District, is running for reelection.
Gov. Janet Mills, a Democrat, will term out as governor.
Individual Democrats and Republicans come and go, but the money elected officials control can be a major factor in Maine's economic prosperity.
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.
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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.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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