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Trade

  • Here's what's being reported around the world on the Brexit vote

    James McCarthy June 24, 2016

    Great Britain's historic decision to leave the European Union in Thursday's referendum has triggered a global stock selloff today, with MarketWatch reporting The Dow Jones Industrial Average lost 408 points, or 2.2%, to 17,617, shortly after Friday'

    James McCarthy June 24, 2016
  • Maine International Trade Center receives highest export honor

    Staff May 17, 2016

    The U.S. Department of Commerce awarded the Maine International Trade Center its highest award for its contributions in expanding and promoting exports of U.S. products, the President's "E" Award for Export Service.

    Staff May 17, 2016
  • With Maine International Trade Center, even small companies can export successfully

    Lori Valigra May 2, 2016

    Export compliance may not sound like a sexy topic compared to the excitement of selling products internationally. But it can get exciting quickly if you ignore it: civil penalties for export license violations or sending sensitive goods to banned

    Lori Valigra May 2, 2016
  • MITC announces International Trade and Investment Award honorees

    April 7, 2016

    The Portland-based Maine International Trade Center has announced the winners of the 2016 International Trade and Investment Awards, which will officially be presented on May 26 — Maine International Trade Day.

    April 7, 2016
  • As lobster sales to Europe fall, Maine lobstermen look to Asia

    December 21, 2015

    The strong U.S. dollar and softer economy in Europe are driving down lobster sales this Christmas, when the tasty crustaceans are being seen as an unaffordable luxury, according to the Associated Press.

    December 21, 2015
  • Sen. King pushing funding for more Arctic icebreakers

    December 8, 2015

    U.S. Sen. Angus King is advocating for the construction of more Coast Guard icebreakers, a move that he says would benefit the state's economy.

    December 8, 2015
  • South Portland-Montreal pipeline might close

    November 30, 2015

    The pipeline that has been sending crude oil from Portland Harbor to Montreal for nearly 75 years may become obsolete by the start of 2016 due to the upcoming completion of a major pipeline reversal project in Canada.

    November 30, 2015
  • Report: TPP would lower tariffs for Maine exporters

    November 13, 2015

    A report issued Thursday by the U.S. Department of Commerce said the proposed Trans-Pacific Partnership trade agreement would boost Maine exports to other countries in the agreement by removing nearly all tariffs on seafood, forest products,

    November 13, 2015
  • Text of landmark trade agreement revealed

    November 5, 2015

    The text of the Trans-Pacific Partnership, the largest regional trade accord in history, was released Thursday, but the impact for Maine is uncertain.

    November 5, 2015
  • For northern Maine businesses, transportation infrastructure is key

    Peter Van Allen November 2, 2015

    Business that have operations north of Bangor or outside the I-95 corridor are well acquainted with the frustrations of arranging shipping.

    Peter Van Allen November 2, 2015
  • Maine freight railway upgrade project receives $20M federal grant

    October 27, 2015

    Maine will receive $20 million in federal funding to pay for more than half of freight railway upgrade project that's expected to remove bottlenecks and create faster and more reliable service.

    October 27, 2015
  • Maine lobstermen report high prices for catch

    October 9, 2015

    Even with a strong year for lobster landings, Maine fishermen are reportedly receiving the highest prices for their haul since 2007.

    October 9, 2015
  • Trans-Pacific Partnership clears key hurdle

    October 5, 2015

    The United States and 11 other Pacific Rim nations reached a deal on the Trans-Pacific Partnership, the largest regional trade accord in history, the New York Times reported Monday morning.

    October 5, 2015
  • Eastport Port Authority's Chris Gardner is looking forward in Eastport

    Peter Van Allen October 5, 2015

    Chris Gardner might be forgiven if he thought the sun rises with his job. But, as executive director of the Eastport Port Authority, at the easternmost edge of the Eastern Time Zone, you could argue that the sun does rise on his job.

    Peter Van Allen October 5, 2015
  • Volk Packaging Corp. co-owner Derek Volk focuses on community

    Laurie Schreiber October 5, 2015

    Whether it comes to giving back to the community or innovating for his company, Derek Volk always seems to be thinking, “What's next?”

    Laurie Schreiber October 5, 2015
  • Maine liquor sales exceed expectations

    September 18, 2015

    Higher-than-expected liquor sales in Maine during the first year under a new state contract will provide taxpayers with a $46 million operating profit.

    September 18, 2015

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Today's Poll

Do you have a side hustle?
Choices
Poll Description

In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.

Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).

While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives –  or have neither the time nor the interest to do so.