The state’s jobless rate has remained at 4 percent or lower for 24 consecutive months.
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, Maine Crime, News
General Motors to pay Maine $1.1 million in settlement
The payment results from a multistate lawsuit claiming the automaker failed to disclose dangerous ignition switch defects.
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Posted inBusiness, Local & State, News, Politics
Maine gets extension to comply with Real ID Act
State driver’s licenses and identification cards can be used at airports and federal facilities for another year while officials improve card security standards.
Posted inBusiness, Local & State, News, Schools and Education
UNE receives $1.3 million to develop better ways to farm seaweed
The university says the research will include develop 3D modeling to simulate weather and wave stresses on farms in the open ocean.
Posted inBusiness, Local & State, News
Portland hotel sold to Virginia investment trust
The Residence Inn Portland Downtown/Waterfront has an assessed value of $15.5 million.
Posted inBusiness, Local & State, News
Scarborough Downs site for Amazon’s second headquarters? It’s a long shot
The town manager says Scarborough will bid to host the company’s next big campus and 50,000 jobs at the 483-acre racetrack property.
Posted inBusiness, Local & State, News
Maine-based venture capital fund headed for liquidation
CEI Community Ventures Fund LLC lost more than 70% of its value and failed to repay a $7.5 million SBA loan.
Posted inLocal & State, News
Trump’s move to stop payments to ACA insurance providers will push premiums higher in Maine
The average premium increase for Affordable Care Act ‘silver’ plans in 2018 will be nearly 50 percent, the state Bureau of Insurance says.
Posted inBusiness, Local & State, News
Additional health insurer to sell Maine plans in 2018
UnitedHealthcare of New England will offer large and small group coverage to employers but won’t join the ACA individual marketplace.
Posted inBusiness, Local & State, News
MDI scientist receives $1.7 million grant for being ‘outstanding investigator’
The funding from the National Institute of General Medical Sciences will assist Vicki P. Losick’s research on wound healing at the laboratory in Bar Harbor.