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This week, we pour a blend of coffee stories from across southern Maine, including comings, goings and organizings.
The Longfellow Hotel, developed by Portland-based Uncommon Hospitality, will open for business on May 17.
The founder of HistoryIT, Kristen Gwinn-Becker, has joined the ranks of women entrepreneurs who are changing history — women like Billie Jean King.
Scarborough-based coffee shop chain Aroma Joe’s has restructured its management team, giving COO Dave Tucci the additional role of president.
The branches will be permanently shuttered on July 12 as part of TD Bank's plans to 'better align our network' by closing 20 branches across multiple states.
After more than 25 years at Maine's largest law firm and more than four years at the helm, Joan Fortin will leave the post of CEO. She will remain through the end of 2024, the firm announced Wednesday.
The annual contest introduces students to science, technology, engineering and math, and supports the notion that young people can find opportunities in Maine.
Thursday's forum in Portland will cover the shortage of affordable housing, land use reform and best practices for housing development.
The Westbrook-based maker of veterinary diagnostics and software posted results that included a 7% increase in revenue, compared to the same quarter in 2023.
Madeleine “Maddy” G. Corson, granddaughter of a Maine media mogul, died Monday, leaving a legacy in business and with numerous nonprofits and causes.
For months, banks and other businesses have looked for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions had been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
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 MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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