It is not yet known if the two Maine stores will remain open.
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.
Maine blocks Progressive’s request to raise seniors’ car insurance rates
The ruling ends the auto insurance giant’s efforts to raise rates for new customers 65 and older based solely on their age.
Wells Fargo opens commercial banking office in Portland
The office is operated by former TD Bank and Bank of America executives in New England.
Delta struggles to resume flights after computer system fails
Flights at the Portland International Jetport are rescheduled throughout the day because of the cascade effect of earlier disruptions.
Sanford rug maker takes first step to avoid tariffs on imported fibers
The approval from the Commerce Department could allow Flemish Master Weavers to save 8 percent or more.
Coastal Enterprises launches program to pair female business owners with local executive talent
The entrepreneur-in-residence program is for women seeking answers to specific questions and challenges.
Jackson Lab getting $28.3 million from NIH for mice genome project
All of the research associated with the grant will be conducted at the Bar Harbor facility.
Idexx posts record high stock price following strong earnings report
The Westbrook company says its 13 percent revenue growth came in part from increased sales of tests for pets.
Northeast Air opening $3 million addition at Portland Jetport
The upgrades include a new terminal, pilots’ lounge and two-story passenger waiting area.
WEX quarterly earnings beat expectations despite economic headwinds
The South Portland company reported higher revenue, lower net income in the second quarter.