Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
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, Local & State, News
Suit accuses Camden National Bank of selling customer data to Meta, Google
The class-action lawsuit says the bank tracks and sells sensitive financial and personal information to improve marketing campaigns and data analytics.
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Posted inBusiness, Local & State, News
Maine lawmakers consider raising taxes on home sales over $1M
A bill would increase the real estate transfer tax on some of the state’s most expensive properties to fund affordable housing initiatives. But it would also give some tax relief to first-time home buyers.
Posted inBusiness, Local & State, News
Mobile homeowners back bill to help them fight sales to investors
Maine lawmakers are weighing several bills designed to protect mobile homeowners, including one that would give residents the right of first refusal if their park comes up for sale.
Posted inBusiness, Local & State, News
Judge sides with federal agencies, won’t pull permits for NECEC
Environmental groups claimed the Army Corps of Engineers did not assess the controversial power line rigorously enough before determining it would have ‘no significant impact’ on the environment.
Posted inBusiness, Local & State
Maine mobile home owners are pushing back against private investors
Residents are buying their parks and proposing rent control ordinances to fend off cost increases that have been introduced after parks have sold to capital equity firms.
Posted inBusiness, Local & State
What 4 Maine mobile home residents say about park ownership
Residents of four mobile home parks share how they fought private investors — with varying degrees of success.
Posted inBusiness, Local & State, News
Maine lawmakers consider bill to make banking easier for the cannabis industry
Since cannabis is still illegal under federal law, the lucrative industry has struggled with limited access to loans and other bank services.
Posted inBusiness, Local & State, News
Maine home sales, prices, inventory all up in February
Real estate experts say increased inventory points toward a positive spring market.
Posted inBusiness, Local & State, News, Politics
Bill seeks to give Maine legislators final approval over chief of cannabis office
State officials say the legislation unfairly singles out the Office of Cannabis Policy and undermines the executive branch, while supporters say it’s an important step in restoring trust and transparency for the industry.