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Gross domestic product in Maine grew faster from July through September last year than in the prior three months, according to data released Friday by the U.S. Department of Commerce.
EVO Payments, which has acquired several Portland-area payment processing firms in recent years, notified the state of the impending layoff — but few details are available.
As a certified financial planner looks at 2020, she sees challenges around hiring and an increasingly competitive market.
This Maine financial services sector is becoming more competitive and more technology-driven, according to the founder of a boutique firm that recently entered it.
Bangor Savings Bank, Maine's largest in assets, plans to expand its regional footprint with new branches in Windham and in Manchester, N.H. The additions come as the bank works to complete its purchase of a midcoast bank.
The U.S. economy is fundamentally strong for now, with growth expected to average 2.5% in the first half of this year and then closer to 2% after that, the Fed economist said at the Mainebiz "Five on the Future" event.
What do professionals on the ground view as the top technology trends for 2020? Mainebiz talked with three experts to get their take on the year ahead.
Mainebiz got the lowdown on the high points of the year ahead, and everything else too, from four Maine-based economic authorities.
To start 2020, Mainebiz asked business and nonprofit movers and shakers from around the state to share their New Year's business resolutions. It looks like a busy year ahead for these leaders.
The investment offers may sound too good to be true because they are, the state's securities administrator says.
Mainebiz compiled 10 highlights from our "On the Record" interviews published during 2019. These business conversations appear every two weeks in our print edition and online.
Pat Scully, the outgoing CEO of Portland law firm Bernstein Shur, sat down with Mainebiz to talk about the firm where he's spent his entire career and has led since 2014.
Seeking to bring more diversity to the profession in Maine, its three largest law firms have teamed up with the University of Maine School of Law to launch an inclusive internship program.
Today is Giving Tuesday, celebrated as an international appeal for charity amid holiday season commerce. And Maine ranks high in a new state-by-state study of giving.
In 2019, Brunswick-based Coastal Enterprises Inc. has deployed over $24.1 million in loans and other financing to 120 businesses, mostly in Maine, and contributed to the creation and preservation of 1,900 jobs.
Foreside Financial Group, a Portland-based provider of compliance technology and services for the asset management industry, plans to acquire a subsidiary of U.S. Bancorp.
The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.
The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)
The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour.
While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins.
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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