President Donald Trump’s order imposing new tariffs on goods from scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process
economy
Posted inBusiness, Local & State, News
Maine Turnpike courts Shake Shack, Chick-fil-A for service plaza upgrades
The turnpike’s new executive director has reopened contract negotiations with the company that runs five service plazas along the toll highway.
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Posted inBusiness, Local & State, News
How Maine is creating homes in forgotten and unlikely places
Faced with a vexing housing crisis, Mainers are finding ways to build homes in abandoned and undeveloped spaces. But costs, public opposition and an uncertain economy are impeding progress.
Posted inBusiness, Local & State, News
Mills reaffirms commitment to foreign trade partners amid tariff uncertainty
In remarks Monday morning, Maine’s governor emphasized the interconnectedness of trade and the environment and the importance of understanding and minimizing the worst effects of climate change.
Posted inBusiness, Food & Dining, Lewiston-Auburn, Local & State
Maine has a thriving industry of home bakers
The state has fewer restrictions than most others on selling foods made at home.
Posted inBusiness, Local & State, News
Visitors to Maine dropped again in 2024, challenging a top industry
Spending by tourists increased slightly to $9.2 billion, but Gov. Mills anticipates further declines as Canadians curb U.S. travel plans.
Posted inBusiness, Local & State, News, Politics
Uncertainty over tariffs fuels fears of a recession in Maine and beyond
Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
Posted inBusiness, Local & State, Morning Sentinel, News
A Coffeehouse in Waterville to close, but will host special group events
After being open for almost a year, A Coffeehouse at 252 Main St. is set to end regular hours at the end of the month.
Posted inBusiness, Local & State, News
As Trump shakes up economy, winners and losers will emerge. Maine could be on the wrong side.
The state’s reliance on Canada for trade and tourism, coupled with the president’s threats to punish Maine after his public spat with Gov. Mills, could spell trouble.
Posted inBusiness, Local & State
Maine’s groundfishing industry is in decline. Saving it is complicated.
Dozens of fishermen have left the industry after years of struggling to make a living.