The state’s unemployment rate is expected to increase dramatically in March as a result of mass layoffs tied to the coronavirus outbreak.
maine businesses
Maine elver fishery to open Monday following one-week delay
The state postponed the start of the fishery’s $20 million-a-year season because of coronavirus concerns.
Coronavirus plunges Maine’s housing market into uncertainty
Before the global pandemic, home sales activity in the state had been on track for another record-breaking year.
Concord Coach Lines to stop all bus service beginning Saturday
The state’s biggest passenger bus network will suspend service after learning passengers were exposed to the coronavirus on buses between New Hampshire and Boston.
CMP parent company pledges $2 million to pandemic relief
Central Maine Power Co. parent Avangrid Inc. and its Avangrid Foundation are making a commitment to support national and local organizations.
Northern Light Health appoints new chief executive
The health care system’s senior vice president and chief operating officer, Tim Dentry, will take over the top spot April 1.
Maine financial regulator loosens industry rules amid crisis
The Maine Securities Administrator is temporarily relaxing certain requirements for financial firms, to keep the industry moving during the coronavirus outbreak.
Plummeting Maine Turnpike traffic a ‘proxy for economic collapse’
Daily vehicle traffic on the turnpike dropped precipitously last week as employees worked from home and businesses closed.
Marijuana provider challenges Maine’s residency rule for sellers
Wellness Connection of Maine’s federal lawsuit seeks to overturn a rule that only Maine residents can obtain adult-use marijuana sales permits.
Virus worries may further delay start of recreational marijuana market
A memo from the state Office of Marijuana Policy said opening the market in June could conflict with social distancing guidelines.