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Workers’ compensation insurance costs are expected to drop for Maine employers by an average of 7.7% this year, which would save employers insured through the commercial market a collective $15.2 million.
The Maine Senate has given initial approval to a bill that would allow Maine-based startup companies to raise up to $1 million by selling shares to Maine residents.
Casella Waste Systems Inc. has ditched plans for a 7-mile methane gas pipeline from its Juniper Ridge landfill in Old Town to the University of Maine, a project the university projected would save $15 million in heating costs over 20 years.
Maine Attorney General Janet Mills has filed a lawsuit against a Bangor-based used car dealer, alleging the company targeted low-income consumers and pressured them to buy shoddy vehicles. The state alleges Glenn A. Geiser Jr.
Public officials in southern Maine say this year’s icy winter has caused them to use more salt and sand than usual, putting a strain on their annual road-clearing budgets just halfway through the season.
Cross Insurance has acquired Massachusetts-based insurer The Driscoll Agency, its third acquisition in the past two months. Cross did not disclose the terms of the deal.
The Maine Public Utilities Commission has approved a rate hike for natural gas customers of Unitil Corp., but at about two-thirds the amount the company requested.
The Brunswick Inn has won a trademark dispute in federal court, where on Tuesday a judge ordered The Inn at Brunswick Station to change its name by April 4.
Gov. Paul LePage proposed in his third annual State of the State address a new business incentive program called “Open for Business Zones,” which would give reduced energy prices and lower taxes to large companies coming to the state.
After fits and starts, the Portland Pirates hockey team and Cumberland County Civic Center have signed a five-year lease agreement that will bring the team back from Lewiston next fall.
The Bangor-based Husson University has invested $6 million in a new southern Maine campus in Westbrook, where 215 students are enrolled this spring.
Gov. Paul LePage’s spokeswoman said the governor’s election-year State of the State Address tonight will include new proposals regarding economic development and fighting drug addiction.
Federal officials have expressed concern that gift shops and restaurants inside of Acadia National Park may open behind schedule if a dispute over the contract award process is not resolved in the coming month.
The Maine Department of Environmental Protection is scheduled to resume review this month of a proposal by a subsidiary of the Massachusetts-based First Wind for a 62-turbine wind farm in Bingham.
The National Association of Insurance Commissioners says Maine had the third-lowest auto insurance premiums in the country and the 11th-lowest premiums for homeowners' insurance in 2011.
The Maine Senate gave initial approval to a bill that would open a new mid-level job in the dental profession, which supporters say could improve access to dental care in rural areas.
Sponsored by Kennebunk Savings Bank
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,
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.
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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