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The Kentucky-based Churchill Downs Inc. announced Friday it has signed a purchase agreement to buy the Oxford Casino for $160 million in cash.
Later this year, a Canadian boatbuilding firm is expanding to Easport, where it expects to hire 50 workers.
Maine's unemployment rate remained unchanged from one month and one year ago in the latest preliminary figures from the U.S. Bureau of Labor Statistics.
For 11 years, Saeed Saeed and his wife, Anaam Jabbir, ran a flourishing take-out restaurant in a suburb of Baghdad. They sold falafel, shawarma and other Iraqi fast foods. Their restaurant flourished.
Technology was radically different when Heather Blease launched EnvisioNet's Brunswick call center in 1995. So was the business model.
Two weeks after Texas-based Dean Foods closed its Garelick Farms processing plant in Bangor, Oakhurst Dairy launched its "Keep Your Milk In Maine" marketing campaign, displaying a 4-minute video profiling two Maine dairy families on
Success in business is about relationships, and the most important component of successful relationships is effective communication. Thus, leaders who communicate effectively will succeed more often in business.
Civilian workers at the Portsmouth Naval Shipyard in Kittery will have eight fewer furlough days than expected as a result of automatic federal spending cuts.
A legislative committee has tabled a proposal to raise more funds for marketing Maine lobster, saying the plan needs clarification.
The state has again denied the owners of the Maine Mall an appeal that seeks to lower its property tax valuation made by the city of South Portland.
The Kentucky-based Churchill Downs Inc. announced today it has signed a purchase agreement to buy the Oxford Casino for $160 million in cash.
Three bills proposing tougher restrictions on permitting for wind power projects in the state showed support from rural residents and resistance from industry officials during hearings Thursday.
The Maine House has taken a step toward raising the state's minimum wage to $9 by 2016.
In the first of a series of votes, Searsport's Planning Board indicated that a controversial proposal for a 23-million gallon propane storage tank does not fit within local zoning ordinances for its proposed location.
Citing turbulence in federal spending, the Midcoast Regional Redevelopment Authority has voted to cancel the Great State of Maine Air Show scheduled for this fall.
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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