Lobster increased its dominance over the industry, while elvers proved highly lucrative but elusive in a cold spring.
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
Report: Lodging revenue in ‘shoulder season’ not gaining on peak months
Lodging sales overall are on the rise, reaching a record of $849.1 million in 2015.
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Posted inBusiness, Local & State, News
Development group says it is taking Biddeford restaurateur to court over loan default
The Biddeford-Saco Area Economic Development Corp. says Harold Royals, whose business partner ran a Gardiner restaurant, defaulted on $125,000 in loans and misspent some of the money borrowed for the Steer N Stein restaurant, which has yet to open.
Posted inBusiness, News
State seeks public’s views on improving Maine’s morass of business aid programs
A hearing set for Friday is part of an effort to correct problems identified in a report on economic development programs.
Posted inNation & World, News
Apple vs. the FBI: Fight for access to terrorist’s smartphone pits privacy against public safety
While the Justice Department says it just wants to crack the passcode on one particular phone, Apple Inc. says all customers’ privacy is at stake.
Posted inLocal & State, News
Pension managers say Maine’s $12 billion fund in good shape
The fund, which pays for the retirements of state employees, teachers, judges and more, is designed to withstand market turmoil like the kind we’ve had all year.
Posted inBusiness, Local & State, News
ImmuCell completes $5.9 million public offering
The Portland company said it will use the proceeds and other funds to build a $17.5 million production facility.
Posted inBusiness, Local & State, News, Politics
Maine lawmakers disagree on funding tax break extensions
Democrats are balking at tying up $19 million to fund tax credits in 2016, fearing the money might be needed for more urgent needs.
Posted inBusiness, News
Texas Instruments to get more work at South Portland plant
The semiconductor maker plans to close a Scottish facility and transfer some work to Maine, without adding any jobs.
Posted inBusiness, Local & State, News
Verso Paper, owner of Jay mill, expects quick resolution to bankruptcy filing
The papermaker and employer of 550 in Maine says operations will continue as it deals with creditors and sagging revenue.