The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Maine business
Posted inOp-Eds, Opinion
Commentary: Inflation Reduction Act supports robust clean-energy economy in Maine
Solar companies like mine are now eager to increase our investment in the state.
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Posted inBusiness, Maine, News
Did it work? The elusive impact of a $45 million state grant to grow jobs
The Maine Technology Institute, which awarded the taxpayer funds, makes very little data available about the investments.
Posted inEditorials, Opinion
Our View: Amazon warehouse would be no boon to Maine
It’s OK to hope for better employment opportunities than those the ecommerce giant has to offer.
Posted inBusiness
Longtime Maine-based commercial banker announces retirement
Raymond “Chip” Kelly, KeyBank Maine market president, plans to retire in November after a more than 37-year career, 30 of which have been spent in Maine.
Posted inBusiness, Maine, News
ACLU says pot store camera requirements violate Maine’s ban on facial surveillance
State regulators say the draft rules to require recreational cannabis stores to use video cameras to record shoppers’ faces simply update existing requirements to cover newly approved cannabis delivery.
Posted inBusiness, Maine, Morning Sentinel
In effort to retain workers, Waterville-based Day’s Jewelers to lock its doors on Sundays
The employee-owned jeweler has operated seven days a week for decades, but a survey of workers found they were struggling with finding a balance between their professional and personal lives.
Posted inBusiness, Kennebec Journal, Maine
Hobby Lobby, Harbor Freight Tools eye expansion into Augusta
The national chains are looking to occupy retail space in the former Sears building at Turnpike Mall off of Western Avenue.
Posted inBusiness, Maine, News
Idexx closing subsidiary, ending business in Russia
The $3.2 billion veterinary medicine powerhouse kept operations going in Russia for four months after the invasion of Ukraine.
Posted inMaine, Times Record
Shellfish attitude in lobster land: Maine oysters boom
The state’s 2021 oyster harvest was the largest and most valuable in its history, benefiting hatcheries such as Mere Point Oyster Company in Brunswick.