Tempted to use that store credit card on holiday purchases? Don’t, unless you immediately pay off the balance. Otherwise, consumers are looking at 30% interest – or more.
Maine business
The Island Institute receives grant to boost small business
The Rockland-based organization received a $86,988 grant from the USDA and plans to use the money to support small businesses located on Maine’s island or coastal towns.
Maine unemployment ticks up in September, but still near record low
September’s jobless rate of 2.7% is a slight increase over August’s 2.5 %.
Pratt & Whitney engines suffer production troubles, but not in Maine
The problem affects about 3,000 engines on commercial aircraft, forcing additional inspections that will put pressure on airlines as air travel rebounds following the pandemic.
Maine Trust for Local News promotes 2 executives
Amy Lamb and Stefanie Manning take on expanded roles with the nonprofit that owns the Press Herald.
Gifford’s expects to be fully operational in next few months after fire devastated Skowhegan plant
The latest scoop from Gifford’s HomeMaine Ice Cream? The company’s CEO said this week that as repairs continue on the manufacturing plant, it’s working with two out-of-state manufacturing partners to return several select flavors of its ice cream to store shelves.
Commentary: Climate change presents threats, opportunities for Maine’s small-business community
The business world is good at assessing strengths, weaknesses, opportunities and threats. The path to climate resilience shouldn’t be any different.
Commentary: Maine needs the proposed Dirigo Business Incentive Program
The program, which provides an income tax credit to businesses for workforce training and capital investment, is a critical tool in helping Maine businesses that are competing with other states.
Quoddy: Old-school shoemaker walking toward expanding market
“We will always have handsewn, but in a different price segmentation.”
Veteran-owned food truck finds pop-up location in Waterville
Hero’s on Wheels is one of many food businesses in recent years to eschew the traditional brick-and-mortar restaurant and take to the road.