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The Portland-based company has appointed President and CEO Melissa Smith as chair, succeeding Michael Dubyak. Dubyak, who had chaired WEX since 2013, will continue as a board member.
Maine has joined a coalition of six other states and the District of Columbia suing to stop a new securities regulation they say fails to provide “basic investor protections.”
After decades of serving the Bangor area, Hampden-based Changing Seasons Federal Credit Union has tweaked its charter in order to expand its geographic reach.
Less than two weeks after announcing its merger with an Illinois credit union, Westbrook-based Infinity Federal Credit Union is adding a fifth branch, off U.S. Route 1 in Scarborough.
Ocwen Financial Corp. will return $50,000 in wrongly charged attorney’s fees to 24 Maine residents, and pay $24,000 in civil penalties and $10,000 in investigative costs.
BlueTarp Financial, a Portland-based supplier of business-to-business credit financing services to small and medium-sized building-supply companies as well as enterprise clients including Sears and Ace Hardware, is revving up for further growth un
A bill signed into law by Gov. Janet Mills aims to protect borrowers from predatory lending and comes as the level of student debt rises in Maine and elsewhere.
A Massachussetts-based financial service business is expanding to the Katahdin region, and will add up to 30 jobs by the end of next year.
Robinson Smith Wealth Advisors LLC has named Tracey M. Daigle as an equity owner in the firm.
Four former UBS bankers led by Steven Tenney have launched an independent wealth management firm in Portland called Great Diamond Partners.
After taking a year off, the Skowhegan Home Show — which gives a boost to the region's home and landscaping businesses — will be back Saturday, at the Skowhegan Fairgrounds.
Sevee & Maher Engineers has a new leadership team, following the promotions of Erik Clapp to president and Daniel Diffin to vice president.
Call centers — those banks of pleasant, headset-wearing workers who seem to be at the end of every toll-free telephone line — are an unseen but vital part of Maine’s economy, working behind the scenes for companies like L.L.Bean and Bank of America.
Q: I agreed to be named as trustee of a family member’s trust. Practically speaking, what does that mean for me?
Colleen McCracken, the former president and CEO of Planet Dog, has teamed up with three other Maine business women to launch Quad Group, a consultancy focused on family-owned businesses.
Thornton Tomasetti, an international engineering firm headquartered in New York City, has acquired Becker Structural Engineers Inc., a Portland firm with specializations in mass timber, parking structures and highway bridge projects.
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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