Home sales fell by almost 3 percent from a year earlier, while the median price shot up by 11 percent.
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
Vets First Choice to become Maine’s newest public company
The Portland-based veterinary technology provider plans to begin trading on the stock market later this year.
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Posted inBusiness, Local & State, News
Maine-based kids banking app Ourly wins $3.4 million in venture capital
The company’s online youth banking platform garners $3.4 million of venture capital investment.
Posted inBusiness, Local & State, News
Unum investing $42 million to upgrade Portland campus
The company is creating a more flexible work environment and freeing up space to lease to other businesses.
Posted inBusiness, Local & State
Investors put nearly $6 million into trio of Maine businesses in first quarter
It was the state’s strongest first quarter for receiving early-stage venture capital since the $20.4 million in 2015.
Posted inBusiness, Local & State, Maine Crime, News
Maine officials warn: Beware of bank email scams
Scammers posing as financial institutions are tricking Maine consumers into divulging their sensitive bank information online.
Posted inBusiness, Local & State, News
Growth trend continuing for Maine credit unions, trade group says
Membership increased by 3 percent to over 686,000 and lending volume grew by 7 percent to $5.5 billion in 2017.
Posted inBusiness, News
Here’s how each Maine county fares as home sales, prices rise in tight market
Sales volume was up 6 percent from a year earlier, while the median sale price was up 8 percent.
Posted inBusiness, Local & State, News
Flat sales for 2017 mean L.L. Bean will cut close to 100 jobs, and workers won’t get bonuses
The Freeport-based retailer will reduce its workforce by about 10% overall, with the eliminated positions and early retirements.
Posted inBusiness, Local & State, News
Bangor Savings Bank raises minimum wage to $15 per hour
The increase will affect about 40 percent of the bank’s 836 workers.