The $105 million borrowing package is critical to pay for bridge and highway projects as the Department of Transportation faces a massive revenue shortfall, says Commissioner Bruce Van Note.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
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Maine lodging industry ratchets up pressure on Mills to rescind visitor restrictions
Hotel and resort owners fear economic devastation if rules to prevent the spread of COVID-19 stay in effect this summer.
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Maine jobless rate falls to 9.3%, but data obscure magnitude of job losses
If not for tens of thousands of workers who were misclassified or not counted as unemployed in May, the official rate would be 18 percent.
Posted inBusiness, Local & State, News
Most employers not taking advantage of state program to retain workers
The problem could be that few know about WorkShare, which helps businesses keep trained workers by providing partial unemployment payments to those whose hours are reduced.
Posted inBusiness, Local & State, News
As fraudulent jobless claims pass 50,000, state sets job search deadlines for claimants
The Maine Department of Labor said Thursday that people receiving unemployment benefits soon will have to start looking for work.
Posted inBusiness, Local & State, News
Portland modifies business aid program, starts second round of funding
More small businesses struggling to make ends meet during the pandemic will be eligible for small loans and grants from the city.
Posted inBusiness, Local & State, News
Portland startup gets expedited federal review for stroke recovery product
A program developed by MedRhythms uses sensors, music and software to help stroke survivors overcome walking impairment.
Posted inBusiness, Local & State, News
Tourism, hospitality groups ask for $800 million to save Maine’s industry
In response, Gov. Janet Mills allows lodging businesses to start hosting out-of-state guests 5 days earlier than planned.
Posted inBusiness, Local & State, News
Mills administration backtracks on testing for out-of-state riders on transit
The reversal came a day after the Portland Press Herald reported that transit operators were surprised and confused by the state’s new directive.
Posted inBusiness, Local & State, News
Maine cancels thousands more bogus unemployment claims as new filings fall sharply
The state says it canceled $13 million in unemployment benefits as the weekly number of new jobless claims hits the lowest point since the pandemic hit Maine.