May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
maine businesses
Posted inBusiness, Local & State
New England fuel dealers plot their future in a rapidly electrifying world
As more mandates and incentives are rolled out to fight climate change, a strategy emerges to cast doubt on electrification while talking up renewable liquid fuels.
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Posted inBusiness, Food & Dining, Local & State
For here or to go? Coffee shops adjust to customers’ changing habits
While some coffee drinkers are still keeping their distance by ordering online and getting beans delivered, others have started using coffee shops as their base for remote work.
Posted inBusiness, Local & State
Request for offshore wind power contract raises Maine ratepayer concerns
The proposed contract’s likely impact on Maine electricity customers is being shielded from public view, for now.
Posted inBusiness, Local & State
Maine’s landmark recycling reform law will take years to implement
It could take 4 years for the state to craft detailed regulations that make big corporations shoulder the local cost of disposing of hard-to-recycle packaging they produce.
Posted inBusiness, Local & State
New unions in Portland make racial justice a top priority
Young, progressive workers say they want enforceable contracts that reflect management’s pledges of support for diversity, equity and inclusion.
Posted inBusiness, Food & Dining, Local & State
No shell, big shock: Maine lobster rolls fetch record prices this season
Lobster lovers can expect to pay in excess of $40 for a single roll at some of the state’s most popular summer eateries. The average price is closer to $30.
Posted inBusiness, Local & State
Under pressure: Maine lobster processors embrace tech to create new menu items
Processors say high pressure opens up new product options, saves consumers from the hassle of shell removal and cuts down on labor at the processing plant.
Posted inBusiness, Local & State
Price of marine fuel soars as Mainers head into prime boating season
The record cost of fuel is particularly problematic for lobstermen and fishermen, who face increased costs at a time when wholesale seafood prices are flat.
Posted inBusiness, Local & State
Frenchman Bay salmon farm developer sues state for spiking its lease application
The Portland company, funded by Norwegian investors, proposed raising 66 million pounds of Atlantic salmon annually and operating a fish processing plant.