Low default rate prompts increase in guarantee program for commercial lenders through the OnLine Answer Program.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, News
Pine State Trading sole bidder for Maine liquor marketing contract
A minor clerical error prompted the state to revoke the firm’s contract the first time around.
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Posted inBusiness, Local & State, News
Biddeford’s Market Basket idle during workers’ protest
Managers at 68 of the chain’s 71 stores have signed a petition calling for the ex-CEO’s reinstatement, and customers appear to be honoring a call for a boycott.
Posted inBusiness, News
WEX profits grow as overseas expansion continues
Earlier this month, the firm agreed to buy a controlling share in ExxonMobil’s European Esso Card fuel card program for $60 million.
Posted inLocal & State, News
Maine-based airline to inaugurate scheduled passenger service
Charter company Elite Airways to begin service between Washington’s Dulles and Melbourne International, Florida, in September.
Posted inBusiness, News
Maine jobless rate falls to lowest in six years
The June rate is 5.5 percent, below both the New England and national rates.
Posted inLocal & State, News
Disability insurance finds fewer takers
Six percent fewer U.S. workers had disability coverage in 2013 than in 2009, even though the number of workers increased more than 6 million during that period.
Posted inBusiness, Local & State
WEX lands contract with Shell Oil
Growing again, the South Portland-based company will process prepaid fuel card transactions for Shell’s commercial fleets in Europe and Asia.
Posted inLocal & State, News
Four Downeaster trains canceled as rail work continues
A Northern New England Passenger Rail Authority spokeswoman says all lines will be running again as of Thursday.
Posted inLocal & State, News, Schools and Education
USM president to step down, take systemwide position
After two trying years marked by contentious cost cuts, Theodora Kalikow will retain her $203,000 salary and move into a new role.