Business

 
Covanta Energy's West Enfield facility.

Regulators allow Stored Solar to return state aid deposit, take subsidy later

By Darren Fishell on April 26, 2017, at 11:30 a.m.
A state-subsidized biomass firm plans to repay the subsidy money it has received through a logging industry bailout effort until it can prove economic benefit to Maine.
Peter D'Anieri

Sewall Welcomes Peter D’Anieri, CFA, as Natural Resource Consultant

By Diane Vatne on April 26, 2017, at 9:27 a.m.
Sarah Diment, owner of The Beachmere Inn, is stepping in as a housekeeper because she can't find enough people to work at her inn. Labor shortages are plaguing the hospitality industry in Maine.

With tourist season around the corner, Maine’s hospitality industry is facing a crisis

By Kathleen Pierce on April 26, 2017, at 1 a.m.
As the summer of 2017 approaches, a perfect storm for the seasonal hospitality industry is gathering over Vacationland.
POLL QUESTION
Teachers take a tour of the Moose River Lumber sawmill in Jackman, which is planning to expand in light of the recent tariffs on Canadian softwood.

Citing new tariff, Jackman lumber mill to add jobs, second shift

By Anthony Brino on April 25, 2017, at 5:41 p.m.
Pleasant River Lumber company is expanding its Jackman sawmill in anticipation of increased demand for American lumber amid the U.S. government’s plans to levy tariffs on Canadian softwood.
Portland real estate developer Arthur Girard, center, outbid Cook's Lobster & Ale House owners Nick and Jennifer Charboneau on Tuesday, paying $510,000 for the commercial wharf adjacent to the restaurant.

Developer outbids Cook’s Lobster owner to buy historic Maine island wharf

By Beth Brogan on April 25, 2017, at 3:21 p.m.
Arthur Girard said he’s not sure what he’ll do with the property.
Frank Ossinger, 3, of Hermon gets a bag of bulk food at the Natural Living Center while shopping with his mom, Gabby. The Ossinger family has been shopping at The Natural Living Center for more than 20 years. Owned by Bill and Barbara Geiger, the store that opened April 7, 1977, as a kiosk in the Airport Mall, is celebrating its 40th anniversary.

They called it a fad, but this Bangor health food store has been thriving for 40 years

By Emily Burnham on April 25, 2017, at 1:15 p.m.
“We talk to people. I think that’s been a big part of why we’ve stayed successful,” Bill Geiger said. “We always listen to our customers.”
Canadian Prime Minister Paul Martin watches logs being cut while visiting a sawmill in Richmond just south of Vancouver, British Columbia, Canada on December 14, 2005.

U.S. to impose up to 24 percent tariff on Canadian softwood lumber

By Anthony Brino on April 25, 2017, at 1:10 p.m.
A grapple skidder and a feller buncher work in the woods during a September 2015 logging demonstration in Millinocket. An economic report out Tuesday says the state isn’t harvesting as much from its forests as it could.

Report: Aging workers, forestry woes hinder Maine’s economy

By Darren Fishell on April 25, 2017, at 12:37 p.m.
Watchful eyes on Maine’s economy have started to track the state’s prime working age population and the potential of its tree harvest alongside other metrics of socio-economic health.

Tyson Foods intends to buy owner of Portland Barber Foods plant

By Jake Bleiberg on April 25, 2017, at 12:02 p.m.
Tyson Foods will seek to buy the company which includes the former Barber Foods plant in Portland for $4.2 billion.
A lumber yard

Ahead of NAFTA talks, US sets 20 percent duties on Canadian softwood lumber

By David Lawder, Reuters on April 25, 2017, at 10:23 a.m.
Canada denounced the U.S. action and vowed to protect its lumber interests through litigation.

Free Shredding Event in South Portland Saturday May 20th

By Broadreach Public Relations on April 25, 2017, at 9:46 a.m.
A woman looks at her phone in front of a Verizon FiOS sign in Times Square in New York, March 11, 2016.

Verizon is launching its ultrafast competitor to Google Fiber

By Brian Fung, The Washington Post on April 25, 2017, at 9:43 a.m.
By taking the leap into “gigabit” service, Verizon is becoming the latest company to compete with Comcast, Google Fiber and others at that speed tier.

French election results catapult Wall Street higher; Nasdaq sets record

By Rodrigo Campos, Reuters on April 25, 2017, at 6:17 a.m.
U.S. stocks rallied on Monday, tracking a relief rally that swept through Asian and European markets, after centrist candidate and market favorite Emmanuel Macron won the first round of the French presidential election.

New Ventures Maine Offers Small Business Marketing Mini-Grants

By NVME Midcoast Region on April 24, 2017, at 8:30 p.m.

Sweetser Career Fair

By Susan Pierter on April 24, 2017, at 12:42 p.m.

From left to right: Bob Quentin, SBSI President, CFO & Treasurer; Scott Lindsay, Owner of the John D. Carroll Block; Tammy Tracy, SBSI Portland Banking Office Supervisor; Mike Jean, SBSI Vice President & Business Loan Officer; Quincy Hentzel, Interim President of Portland Regional Chamber of Commerce; Mayor Ethan Strimling; Kevin Savage, SBSI CEO.

Portland home to Saco & Biddeford Savings’ first Business Banking Office

By Broadreach Public Relations on April 24, 2017, at 11:55 a.m.
A worker walks underneath an American Airlines airplane at Miami International airport in Miami, Nov. 29, 2011.

American Airlines apologizes for onboard clash over stroller

By Barbara Goldberg, Reuters on April 23, 2017, at 9:06 a.m.
American Airlines apologized to a female passenger and suspended an employee after a video showing an onboard clash over a baby stroller went viral, in the latest embarrassment for a U.S. carrier over how it treated a customer.
OPPORTUNITY KNOCKS

Ways to Make Extra Income Even With a Full-Time Job

on April 23, 2017, at 1:07 a.m.
POLL QUESTION
Alton resident Darlene Young was one employee who took advantage of federal retraining funds, which recently have been allocated to millworkers in Lincoln. Her training to become a certified medical assistant has paid off, she says she loves helping people at her new job at the Helen Hunt Health Center in Old Town.

Maine’s unemployment rate hits a new low

By Nick McCrea on April 21, 2017, at 3:44 p.m.
Maine posted a 3 percent unemployment rate for March, the lowest since the current method of measuring unemployment was adopted in 1976.

Manchester Tech Company, Dyn, Shares Start-up to Sale Story

By Broadreach Public Relations on April 21, 2017, at 2:44 p.m.
 

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