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The head of Nova Star Cruises said the ferry for its new service between Portland and Yarmouth, Nova Scotia, will get underway from Singapore Friday, headed first for Nova Scotia.
The Maine House gave initial approval Wednesday to a bill that would allow Scarborough Downs to add slot machines to its race track complex, but only after developers build a hotel, entertainment complex and a new ⅝-mile track at the site.
An annual economic growth survey found Maine made the strongest progress in protecting the environment, and while most of the survey’s measures did not move significantly in relation to its established goals, the state improved on a range of
The state’s Department of Marine Resources has declared a 90-day closure of the smelt fishery from Stonington to the New Hampshire border as populations of the small anadromous fish are in decline statewide.
A judge has thrown out the personal bankruptcy of Oxford Aviation owner James Horowitz, who transferred the company’s assets to himself for $1 in November before submitting his bankruptcy filing.
The Portland Planning Board gave unanimous approval Tuesday to a master plan to make a former industrial site at Thompson’s Point into an arts, entertainment and office development.
Local officials in Bangor and Lincoln are joining in an effort to develop ways to keep younger residents in the area, beating against a demographic trend that could hamper economic growth.
The Maine Senate has confirmed Bruce Wagner for a four-year term as the CEO of the Finance Authority of Maine, the state’s quasi-independent business and education finance agency.
The University of Maine System faces a $36 million budget gap that Chancellor James Page said could prompt elimination of up to 165 positions.
Gov. Paul LePage wants to give more state assistance to large businesses and reduce the authority of labor unions at Brunswick Landing and the former Loring Air Force base in Limestone through his “Open for Business Zones” proposal.
The operator of the Nova Star cruise ship has not applied for federal permits to sell tickets for its ferry service set to begin May 1, though company officials said they won’t be hampered by a 60-day permitting deadline.
Bean maker B&M has asked federal regulators for more time to develop a financial plan to keep open a rail line that delivers beans to its East Deering factory.
Freeport retailer L.L.Bean reported record profits on a 3% increase in revenue and plans to reinvest $100 million to expand and improve its online and retail business.
Augusta city officials have directed their attorney to file a complaint against Central Maine Power Co., arguing the company is improperly supporting a bill on behalf of its sister company, Maine Natural Gas, which lost a contract with the c
The Maine Department of Labor has come out against a proposed change to federal workplace safety reporting that would break out workplace injury and illness rates by individual employers.
The Legislature’s Environment and Natural Resources committee has endorsed a bill that would send changes to the state’s metallic mineral mining rules back to regulators for another draft.
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Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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Learn MoreWork 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.
Learn MoreWhether 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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