While the head of the Portland Regional Chamber of Commerce calls it ‘a step in the right direction,’ the head of HospitalityMaine fears it will devastate the tourist industry.
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Posted inBusiness, Maine, News
Stores may reopen in June, but will shoppers return?
Retailers are likely to make permanent changes in the wake of the coronavirus pandemic to promote consumers’ safety and confidence.
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Posted inBusiness, Maine, News
Maine to launch expansion of unemployment benefits Friday
The Department of Labor says self-employed workers, contractors and others who typically don’t qualify for the benefits can start applying at the end of the week.
Posted inBusiness, Maine, News
Scarborough firm expands with COVID-19 home-monitoring system
Senscio Systems of Scarborough is expanding to offer its home-based health management system to more patients.
Posted inBusiness, Maine, News
Maine to announce timeline for expansion of unemployment benefits
The Department of Labor says it is close to launching a system that allows newly eligible Mainers to file claims for unemployment benefits.
Posted inBusiness, Maine, News
Federal loan program changes rules to benefit seasonal businesses
As of Monday, the federal Paycheck Protection Program is allowing seasonal businesses to calculate their loan amounts based on expenses from last summer.
Posted inBusiness, Maine, News
Maine’s economic fallout from coronavirus could be nation’s worst
One study puts it at the top of the list for most vulnerable states, but economists say the coronavirus recession’s impact will depend on the public health response and industries’ adaptability to prolonged social distancing.
Posted inBusiness, Maine, News
With so many hotels closed, how does CMP find rooms for 1,500 line and tree workers?
Responding to a pair of storms this month, the utility had to feed and find rooms for hundreds of workers – a bigger challenge during the pandemic.
Posted inBusiness, Maine, News
State regulators order CMP shareholders to pay for billing system audit
The Maine Public Utilities Commission has ruled that Central Maine Power Co. ratepayers should not have to pay for a $580,000 audit of the utility’s billing system.
Posted inBusiness, Nation & World, News
Unemployment claims in Maine surpass 100,000 since pandemic began
More than 11,500 Mainers filed initial unemployment claims last week, bringing the five-week total to more than 101,000 people.