From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.
Carol Coultas
November jobless rate continues Maine’s historic trend
If December’s rate also comes in under 4%, Maine will have had four years of record low unemployment.
Chris Sauer, co-founder and CEO of Ocean Renewable Power Co., is retiring
The well-known entrepreneur will remain involved in the Portland company as an adviser.
Morrison Center to merge with Bangor group
The Scarborough nonprofit offers services to people with disabilities, and says its merger with UCP of Maine will allow for strategic growth and long-term viability.
Bangor retailer wins KeyBank award
The Willie Wags uses it customer base to support women-owned business and Maine-made products.
United to expand summer service to Denver with daily flights from Portland
The expansion of its seasonal service follows similar steps by other airlines that boost efforts by the Portland International Jetport to improve its connections with western destinations.
Gorman Foundation graduates 10 Fellows
The intensive program strengthens leaders’ capacity to make a measurable difference in the lives of Maine people.
FAME recognizes 6 Maine organizations for helping businesses and students
The Finance Authority of Maine made its awards at the financial service agency’s annual meeting.
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Canadian Pacific buying rail line connected to Lac-Megantic disaster
Canadian Pacific plans to buy Central Maine and Quebec Railway by year’s end in a deal worth an estimated $130 million, giving the transcontinental carrier access to ports in Searsport and Saint John, New Brunswick.