Prices are still rising, but at a slower pace than during the past two years, and mortgage rates fell slightly last month, according to data released Wednesday.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, News, Politics
Lobster legislation a ‘Christmas miracle’ for Maine’s industry – if it passes
Maine’s congressional delegation and Gov. Janet Mills on Wednesday made their case for the six-year pause on new lobstering regulations. If approved, money for developing new fishing practices could start flowing this spring.
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Posted inBusiness, News, Politics
Federal spending bill would pause new regulation of Maine’s lobstering industry
The bill before Congress would halt new regulations of the state’s iconic fishery for six years while work is done to develop gear that is potentially less threatening to endangered whales.
Posted inBusiness, News
Pet owners sue Idexx over ‘anticompetitive scheme’ to sell diagnostic tests
The class-action lawsuit accuses the Westbrook maker of animal-health products of locking veterinarians into predatory contracts that inflate prices that are passed on to their clients.
Posted inBusiness, Local & State
Nursing home services may be consolidated at new, higher-cost facility in Damariscotta
Clippership Landing could help LincolnHealth stem years of financial losses at two existing long-term care sites. But the project comes with trade-offs, too.
Posted inBusiness, Food & Dining, News
Maine Republicans want to strip tax benefits from businesses that boycott lobster
The lawmakers’ bill would penalize companies such as Whole Foods that refuse to buy Maine products because they don’t carry a stamp of approval from a third party.
Posted inBusiness, Local & State, News
In Maine and nationwide, Real ID requirement for air travel is delayed – again
The Department of Homeland Security has pushed back the date for requiring federally approved IDs to May 2025.
Posted inBusiness, Local & State, News
Portland immigration clinic helps asylum seekers take ‘first step of a very long road’
With help from volunteers and nonprofits, more than 300 new Mainers fleeing persecution in other countries have recently begun the process of securing asylum – and safety.
Posted inBusiness, Local & State, News
Whole Foods to stop selling Maine lobster following fishery’s loss of 2 sustainability labels
The upscale supermarket chain says that it won’t offer Gulf of Maine lobster until it again has an eco-friendly certification or is removed from the Seafood Watch ‘red list.’
Posted inBusiness, Local & State, News
October home sales in Maine show continuing decline and slower price growth
Sales volume was down, while prices were up. But for the second month in a row, the median sales price increase was in the single digits.