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Ascendant Energy, a solar technology company based in Owls Head, has filed for Chapter 7 bankruptcy, citing $780,000 in debt and nominal assets.
Amtrak’s Downeaster passenger train service has returned to its full schedule of five daily round-trips between Portland and Boston following completion of track repairs that have led to months of delays and cancellations.
WEX Inc., an international fleet card and corporate payment services company based in South Portland, achieved a 13% gain in total revenue in the second quarter, it said Wednesday.
If it feels like you face an uphill battle trying to protect your brand in today's high-speed and ever-expanding digital world, you're not alone.
WEX Inc. said Tuesday it signed a deal with Shell to process some of its prepaid fuel card transactions.
Portland taxi industry, take notice. Uber, a venture-backed startup that provides smartphone app-based ride services in 140 cities, is testing the Portland market for a possible expansion.
WEX Inc., an international fleet card and corporate payment services company based in South Portland, has entered into an agreement to purchase Evolution1, a cloud-based technology and health care payment services company, for $532.5 million
DeLorme Publishing, the Yarmouth-based company that makes the Maine Atlas and Gazetteer, is expected to appeal a $6.2 million fine related to a patent infringement case.
Two Maine companies are among 38 semifinalists chosen to compete in a regional clean technology business incubator program that will help give the startups an extra leg up.
FISC Solutions, a Lewiston-based payment processing and business support firm, has been acquired by its senior management team from two regional banks.
Portland-based IT firm Winxnet has increased its revenue by 189% from 2009 to 2013, and with three acquisitions in the works, it could potentially reach $40 million by 2016.
A New Hampshire-based maker of toys that connect with smartphone apps has landed supply deals with three companies in Lewiston after conducting a global search to create a supply chain for a new high-tech toy.
When Malaysian Airlines flight MH370 went missing on March 8, it didn't take long for aviation experts to suspect that lithium ion batteries in the cargo hold may have caught fire.
Tyler Frank's Portland-based composting service, Garbage to Garden, germinated from a simple proposition when a roommate wondered, “Wouldn't it be great if we could put our kitchen scraps on the curb and have them picked up?”
Four rural school districts, a community health organization and the Rockland-based Island Institute have received more than $2.5 million in grants for telemedicine programs.
Dream Local Digital, a digital marketing company in Rockland, is planning to expand and create up to 30 new jobs over two years after becoming a Pine Tree Development Zone.
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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