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Elvers, small translucent eels, were confirmed as Maine's second most lucrative fishery in 2012, generating $38 million in revenue.
Maine lawmakers will consider two bills aimed to boost the state's lobster industry.
A slew of automatic federal budget cuts, known as the sequester, go into effect today after Congress failed in two votes Thursday to agree on its own deficit reduction plan. But how soon any impact might be felt in Maine remains uncertain.
A state committee is eyeing a bill that would set a 30-day deadline for businesses and financial institutions to report data breaches to customers.
Around 7,000 customers of the Texas-based Mega Life and Health Insurance Co. could see changes in their bills starting today, as a new rate change goes into effect.
Maine lost 32 manufacturing companies in the last year, according to surveys by the industrial directory publisher Manufacturers' News Inc.
Passadumkeag Windpark LLC is appealing the rejection of a permit for a 14-turbine wind power installation in Grand Falls Township.
A Scarborough pet store remains under state quarantine after a second puppy tested positive for a potentially life-threatening illness.
An Italian manufacturing firm has acquired a majority equity interest in Sanford-based Maine Manufacturing, which recently acquired product lines from GE.
A 39-year-old chemical distribution and manufacturing firm founded in Bangor is moving its headquarters to Pease International Tradeport in Portsmouth, N.H., a move the company's founder says will lower the company's business costs.
Three southern Maine towns will voice support to state regulators for a proposal by Summit Natural Gas of Maine to extend natural gas service through Cumberland, Falmouth and Yarmouth.
The Army Corps of Engineers will dredge Wells Harbor at the end of this year after allocating $3.5 million in federal dollars to the project.
A federal study found Acadia National Park generated just over $186 million in visitor spending during 2011, keeping pace with the park's economic impact in 2010 while the total number of visitors dropped by around 130,000.
A new report by the Maine People's Alliance shows a growing gap between wages and the cost of living in Maine, which lawmakers on both sides of the aisle agree is a problem for the state, according to the
Retailers and the state's retail lobbying group are voicing strong opposition to a proposed law that would raise the threshold for convicting a person of felony shoplifting charges.
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The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.
The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible.
The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.
A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.
But there's growing anxiety over how a protracted shutdown would effect the 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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