The shutdown is part of its bankrupt parent company’s nationwide liquidation.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State, News
Pirates’ departure from Portland sparks suggestions for new revenue
Sports executives and others see opportunity for new uses of the Cross Insurance Arena and raise again the specter of a convention center.
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Posted inBusiness, News
Portland firm to oversee completion of new U.S. embassy in Norway
The high-tech construction firm Tilson has been chosen to manage construction of security, communications and other elements.
Posted inBusiness, News
Cruise ship visits to Maine this season expected to top 2015
A trade group expects 377 ship visits carrying 283,000 passengers, including a record 106,000 in Portland.
Posted inBusiness, Local & State, News
City Council to vote on new Nova Scotia ferry deal
Portland expects about $150,000 in revenue per year from the Cat, which replaces the Nova Star, with no up-front cost to taxpayers.
Posted inBusiness, Local & State
Oxford Casino owner plans $25 million hotel expansion
The attached hotel would include more than 100 guest rooms, meeting areas and more casino floor space.
Posted inBusiness, Local & State
Elite Airways to offer nonstop Portland flights to Bar Harbor, New York
The new weekend offerings from the Portland jetport, starting in mid-June, open up tourism opportunities.
Posted inBusiness, Local & State, News
Some Maine businesses don’t expect to be paid in Nova Star bankruptcy
The failed Portland-to-Yarmouth ferry operator owes $15 million to more than 200 creditors but reports just $142,000 in assets.
Posted inBusiness, Local & State, News
Notable career of cultivating social justice nears the end for Ron Phillips
Ron Phillips, an early pioneer in the movement, used his Coastal Enterprises Inc. to invest in and raise up struggling companies and communities.
Posted inBusiness, Local & State, News
March home sales up in volume and price
The median price for a single-family home in Maine rose to $182,500 last month.