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Banking on women: Maine banks get more strategic about gender balance on their boards
Updated: November 30, 2020Increasingly, women hold board and senior executive positions at Maine financial institutions, which they say not only reflects diverse stakeholders but also makes good business sense. Some portions of the glass ceiling, however, remain intact.
Cash crunch: FAME takes more risks than ever to help businesses weather the pandemic
Updated: November 30, 2020When the pandemic hit the state and began affecting businesses, the Finance Authority of Maine took a bold step to help: $15 million in direct loans and commercial loan insurance. Officials at the quasi-independent state agency hope it's enough.
Small Business Saturday more important than ever this year, industry officials say
November 25, 2020The decade-old promotion, focusing on shopping local the Saturday after Thanksgiving has taken on new meaning, and generated some twists, as Maine businesses struggle to stay afloat during the COVID-19 pandemic.
What 11 Maine business, nonprofit leaders are thankful for in 2020
Updated: November 25, 2020From enjoying the outdoors to supportive communities, here's what movers and shakers from around the state told Mainebiz they appreciate most ahead of the holiday.
Central Maine bank merger gets green light from regulators
Updated: November 25, 2020Kennebec Savings Bank and Kennebec Federal Savings and Loan Association expect to complete their merger in the first quarter of 2021 after receiving approval from the Maine Bureau of Financial Institutions this week.
Maine's visitor centers will adopt new technology in effort to drive tourism
Updated: November 23, 2020The goal is to give people the ability to book attractions and accommodations and have the resources available at the center and on the road. Studies show visitor center traffic generates longer stays and more spending.
Fishery group pans loss of fishing ground in Mills offshore wind plan
Updated: November 23, 2020Renewable energy solutions shouldn't be developed at the expense of fishermen, seafood providers and fishing communities, says one industry leader. The state last week issued a plan to create a 16-square-mile offshore wind research array in the Gulf…
After launching legal market for adult-use marijuana, Maine co-launches regulatory group
November 13, 2020Maine was the 10th state and second on the East Coast to begin legal retail sales of adult-use cannabis. The state is now a founding member of the Cannabis Regulators Association, which hopes to share institutional knowledge and regulatory best…
Plan calls for network of multi-use rail trails across Maine by 2030
November 12, 2020The Maine Trails Coalition plan for 2020-30 would add 13 rail trails that connect 37 existing ones, with development of five others proposed, linking the state, attracting tourists and boosting the economy, while also preserving rail tracks for…
Diverse lawyers matter: Maine’s legal community tackles racism in the profession
Updated: November 16, 2020In Maine legal circles, there's growing reflection and sometimes difficult conversations about diversity and racism. That might seem surprising, given the state's racial and ethnic make-up. But some in the profession see an important unmet need.
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