Experts at a Maine Real Estate and Development Association conference say the economic cycle that brought years of real estate market growth appears to be winding down.
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
Jackson Laboratory expands presence in China
The Bar Harbor-based research organization and lab mice supplier says China has emerged as the hottest country outside the U.S. for genetic research into diseases.
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Posted inBusiness, Local & State, News
Mercy wins key approval to leave State Street campus for $75 million hospital
The Department of Health and Human Services approves a certificate of need for Northern Light Mercy Hospital to build its new facility on the Fore River Parkway.
Posted inBusiness, Local & State
Wex reports revenue increase, acquisition-related costs in first quarter
The Portland company’s quarterly revenue beat analyst expectations, as did its net income when one-time adjustments were excluded.
Posted inBusiness, Local & State
Idexx reports strong first-quarter revenue, net income growth
The Westbrook-based veterinary diagnostics provider’s earnings exceed analyst expectations.
Posted inBusiness
Cross Insurance acquires Connecticut insurance agency
The Bangor-based company said it has purchased family-owned DiMatteo Insurance for an undisclosed sum.
Posted inBusiness
Report says Maine lagging in education, workforce, health care and infrastructure
The 25th annual Measures of Growth report determines that Maine is significantly behind the nation in 6 areas that affect economic development.
Posted inBusiness, Local & State, Maine Crime
Ex-lawmaker who defrauded elderly widows out of $3 million gets 10 years in prison
Robert Kenneth Lindell was sentenced Tuesday in what authorities call one of Maine’s worst cases of elder financial abuse.
Posted inBusiness
Idexx CEO and wife create foundation for wild cat conservation
The Ayers Wild Cat Conservation Trust is endowed by a gift of Idexx Laboratories Inc. stock from Jonathan Ayers and his family.
Posted inBusiness
Declining home prices provide another sign that real estate boom may be ending
Before March, the most recent month in which prices had experienced a year-over-year decline was February 2016.