A continued lack of housing inventory also helps boost the median price up 4.2 percent from a year earlier.
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, Life & Culture, Local & State, News
A world without a lobster emoji? Maine restaurateur is on a quest to fix that
The owner of Luke’s Lobster starts an online petition to impress upon the world emoji committee that thousands believe lobster deserves to be alongside other emojis like octopus, squid, spouting whale and blowfish.
advertisement
Posted inBusiness, Local & State, News
ImmuCell posts lower sales, net loss in second quarter
The Portland-based company said record sales in the first quarter may have created a glut of its products in the market.
Posted inBusiness, Local & State
Coastal Enterprises headquarters in Brunswick earns top sustainability certification
The LEED platinum designation is awarded to buildings that meet the highest energy-efficiency standards.
Posted inBusiness, Local & State, News
Affordable Care Act plans head for double-digit hikes in Maine
The state’s three providers under the law will have to reduce their rate requests to gain approval, but are likely to get increases of 17.5 percent to 27.1 percent.
Posted inBusiness, Local & State, News
Parent of Portland’s Vets First Choice buys 2 Phoenix pharmacies
Direct Vet Marketing is using cash to strengthen its position in the pet medications industry.
Posted inBusiness, Local & State, News
More companies self-insure workers to avoid rising health care premiums
Some businesses are saving money by dropping their insurance provider and paying employee medical claims themselves, but there are risks and it doesn’t work for everyone.
Posted inBusiness, Local & State, News
Federal court dismisses Maine health insurer’s $23 million claim
Community Health Options is seeking payment for losses it incurred under the affordable Care Act in 2015. It is appealing the court’s dismissal.
Posted inLocal & State, News
Failure of ‘skinny’ ACA repeal not a fix for Maine’s insurance market
Only a bipartisan effort to repair the flawed Affordable Care Act can prevent premiums from skyrocketing, insurance providers and advocates say.
Posted inBusiness, Local & State
Wex continues rapid growth in second quarter
The South Portland payment-processing firm says its revenue increased across all areas of the business.