In Biddeford, 270 part-timers are told they’ve lost hours but not their jobs.
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, Local & State, News
Maine’s broadband service slipping into obsolescense, GWI founder says
The state has New England’s worst connectivity, according to one report.
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Posted inLocal & State, News
Cod catch about 1 percent of 1991 peak
A complete moratorium on cod fishing in the Gulf of Maine is one response that regulators might consider.
Posted inBusiness
FairPoint posts $22.7 million net loss in second quarter
Officials say the company continued to lose landline phone customers, who make up the vast majority of its business.
Posted inLocal & State, News
Finance Authority of Maine boosts limit on commercial loan insurance program
Low default rate prompts increase in guarantee program for commercial lenders through the OnLine Answer Program.
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.
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.