The Maine Supreme Judicial Court finds that the initiative to reverse a decision by the Public Utilities Commission ‘exceeds the scope of the people’s legislative power.’
maine businesses
Posted inBusiness, Local & State
Portland-based ImmuCell reports increased revenue, net loss for second quarter
The bovine health products maker reported sales of $3 million and a net loss of $766,000 for the quarter ending June 30.
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Posted inBusiness, Local & State
Nearly 80,000 Mainers still receiving unemployment benefits
At least 77,000 continued claims for jobless benefits were filed in the first week of August as the number of initial claims continued to trend downward.
Posted inBusiness, Local & State
Remotely affected: Empty offices are hurting businesses that serve them
Companies that cater to offices and office workers are finding a challenging business environment with large numbers of people working from home.
Posted inBusiness, Local & State
Portland-based Covetrus reports net income of $54 million for second quarter
The company, which provides veterinary technology, products and services, generated revenue of $1.03 billion for the quarter.
Posted inBusiness, Local & State
Inc. 5000 list of fastest-growing private companies includes 12 in Maine
Portland skincare products maker Brickell Men’s Products had the highest rank in the state, at No. 133, with 3-year revenue growth of 2,774%.
Posted inBusiness, Local & State, News
Federal aid limits COVID-19 damage to Maine state budget
Expanded unemployment benefits, stimulus checks and the Paycheck Protection Program helped to soften the economic impact of restrictions and kept the state’s budget from falling deeply into the red.
Posted inBusiness, Food & Dining
Cool off with a range of icy treats, from colorful shave ice to boozy ice pops
We’ve got the answer to the sweltering heat Maine has experienced for much of the summer: Ice Ice Baby.
Posted inBusiness, Local & State
Maine’s small-business sector still in crisis after reopening
Many businesses report poor sales and low customer counts as the coronavirus pandemic continues to strangle commerce.
Posted inBusiness, Local & State
Enforcement of Maine’s strict online privacy law begins without clear strategy
The state’s attorney general said most internet service providers affirm they are complying, but a group of large providers is fighting the law in court.