A surge in personal and business bankruptcy filings was a projected result of the pandemic-induced recession, but filings in Maine were down 50% in August from a year earlier. That trend could change.
maine businesses
Posted inBusiness, Maine
Maine hits snag in effort to distribute pandemic aid to seafood industry
Individual fishermen, fishing charters and seafood dealers must demonstrate revenue losses before receiving checks, probably in November.
advertisement
Posted inBusiness, Maine
Maine unemployment claims increase slightly as layoffs continue
The number of initial and continued claims appears to be be leveling off after declining sharply from a peak this spring.
Posted inBusiness, Maine
Agencies worried about tepid response to Maine emergency grant program
Local economic development agencies suspect many small businesses and nonprofits are unaware of the $200 million program, or don’t know how to apply.
Posted inBusiness, Food & Dining
The Wrap: Scorsese pays a visit, plus new restaurants, breweries and bakeries
Bar Harbor Lobster Co., Speckled Ax and Banded Brewing get second locations, Little Lad’s goes retail, and 2 more restaurants close.
Posted inArts & Entertainment, Maine
Maine music industry forms alliance to save local venues
The group of industry professionals has launched a $500,000 fundraising campaign.
Posted inBusiness, Maine
Ten projects share $2.2 million in awards from Maine Technology Institute
Coupled with nearly $32 million in matching funds, the innovative projects are expected to create or preserve 1,600 jobs in eight Maine counties.
Posted inBusiness, Maine
Maine businesses look for ways to extend outdoor service into the colder months
The onset of colder weather usually prompts a shift to doing business indoors, but this year there is a strong incentive to put it off as long as possible.
Posted inBusiness, Food & Dining
Which grocery store is right for you?
Should you try the new Market Basket in Westbrook, or stick with the tried-and-true? Take our tongue-in-cheek quiz to find out.
Posted inBusiness, Maine
Saco company seeks to zap coronavirus with UV light
The prototype feeds potentially infected items through a ‘Frankensteined’ oven in which a conveyor belt runs under ultraviolet light.