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Professional services

  • National property restoration company plans Portland presence

    Lori Valigra March 23, 2017

    PuroClean Systems LLC, a Tamarac, Fla.-based franchise company that cleans and restores property damaged by fire, water or other disasters, plans to expand to Portland by mid-summer.

    Lori Valigra March 23, 2017
  • U.S. Department of Labor extends fiduciary rule implementation date

    James McCarthy March 20, 2017

    The U.S. Department of Labor is proposing an extension of the applicability dates of the fiduciary rule and related exemptions implemented by the Obama administration, including the “best interest contract exemption,” from April 10 to June 9.

    James McCarthy March 20, 2017
  • Spinnaker Trust the latest to expand its ESOP practice

    Peter Van Allen March 20, 2017

    Maine's pace of Employee Stock Ownership Plan deals has been dizzying in the past year.

    Peter Van Allen March 20, 2017
  • How To: Diversify your investment portfolio

    Michael R. Walp March 20, 2017

    Many of us today can expect to live many years in retirement.

    Michael R. Walp March 20, 2017
  • BerryDunn eyes further expansion, $80M in revenue by 2021

    Renee Cordes March 7, 2017

    After opening a Phoenix office this January, Portland-based accounting and consulting firm BerryDunn is eyeing further expansion.

    Renee Cordes March 7, 2017
  • U.S. Labor Department extends fiduciary rule implementation date

    James McCarthy March 2, 2017

    The U.S. Department of Labor is proposing an extension of the applicability dates of the fiduciary rule and related exemptions implemented by the Obama administration, including the “best interest contract exemption,” from April 10 to June 9.

    James McCarthy March 2, 2017
  • Financial services account for 7.2% of Maine jobs

    Lori Valigra February 1, 2017

    Maine ranks fourth among New England states in the financial services industry's employment impact, with the sector accounting for 9.2% of total wages and 8.9% of the state's gross domestic product in 2015, a new report found.

    Lori Valigra February 1, 2017
  • Business advice that's free and anonymous

    Lori Valigra November 28, 2016

    They come to be judged without being pre-judged. That's the premise of the House of Genius, where 10 panelists from firemen to financiers share business advice based on a single question presented by each of two entrepreneurial companies.

    Lori Valigra November 28, 2016
  • Thompson-Hamel acquires Bangor financial services firm

    November 11, 2016

    The 54-year-old, Presque Isle-based financial services firm Thompson-Hamel LLC said it has reached an agreement to purchase Farrington Financial Group of Bangor, as Farrington's founder and well-known city businessman Frank Farrington retires.

    November 11, 2016
  • Two Maine firms make INSIDE Public Accounting’s ‘Top 100’ list

    Staff September 20, 2016

    Two Portland-based accounting firms, BerryDunn and Baker Newman Noyes, represented Maine in the annual list of the “Top 100 Public Accounting Firms” by industry publication INSIDE Public Accounting.

    Staff September 20, 2016
  • Five fire departments get $551K federal boost

    Staff July 12, 2016

    U.S. Sens. Angus King and Susan Collins have announced that the Federal Emergency Management Agency has awarded $551,431 in grant funding to five fire departments in the state.

    Staff July 12, 2016
  • Greenlight Maine picks 26 semifinalists for Season 2

    Lori Valigra July 12, 2016

    Greenlight Maine, an entrepreneurial pitch contest with a $200,000 purse, wasted no time in whittling down its Season 2 entrants to 26 semifinalists this past Saturday at Husson University's Westbrook campus.

    Lori Valigra July 12, 2016
  • New investment sparks a dyehouse's move to Saco

    Laurie Schreiber July 10, 2016

    SACO — Saco River Dyehouse recently completed its move into larger quarters at 34 Spring Hill Road in Saco from its old space in the Pepperell Mill Complex across the river in Biddeford.

    Laurie Schreiber July 10, 2016
  • Maine Department of Labor sets all-time job listings record

    April 8, 2016

    An increase in employers looking to hire at job fairs around the state has led to the Maine Department of Labor setting an all-time record in the number of openings posted on its job listing website this month.

    April 8, 2016
  • Program hopes to spur economic development following mill closing

    Kevin Steeves January 27, 2016

    A new program has secured funding that aims to provide entrepreneurial advising and training for those who have been affected by the December 2014 closing of the Verso Paper Mill in Bucksport.

    Kevin Steeves January 27, 2016
  • WEX subsidiary fined $1.75 million for part in deceiving students with financial aid program

    December 24, 2015

    A subsidiary of South Portland-based WEX Inc. has been fined $1.75 million by financial regulators and ordered to pay restitution to customers for its role in deceiving college students about financial aid disbursements.

    December 24, 2015

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Today's Poll

Do you support an increase in Portland's minimum wage?
Choices
Poll Description

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 $19 per hour by 2028. (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.