The state’s unemployment rate increased from 6.7% in June as more Mainers started looking for work and the state received more accurate survey data.
maine businesses
Posted inBusiness, Local & State
Gov. Mills announces $200 million relief fund for small businesses
A state-funded grant program is aimed at stabilizing small employers, but business groups worry it will not be enough for some to stave off disaster.
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Posted inBusiness, Local & State
Continued jobless claims fall sharply in Maine as U.S. unemployment worsens
The number of recurring claims fell by 8% in the first week job-search requirements were reinstated for unemployed Mainers.
Posted inBusiness, Local & State
Maine’s charter bus companies say they are on verge of collapse
With high overhead and almost no revenue, the companies are pinning their hopes on a federal bailout that may not come.
Posted inBusiness, Local & State
Shaw Brothers pledges $1 million to Maine Med to honor owners’ late mother
Maine Medical Center will name an open-air causeway, to be built on Congress Street in front of a new patient care tower, in honor of Sally Shaw.
Posted inBusiness, Local & State, Maine Cannabis Report
Portland likely to miss out on Maine’s first adult-use marijuana sales
A federal judge put the city’s retail license scoring system on hold after concluding its residency preference was probably unconstitutional.
Posted inBusiness, Local & State, News
Community banks credited for strong emergency business loan outcome in Maine
An abundance of smaller banks helped make the federal Paycheck Protection Program more effective than in most other states.
Posted inBusiness, Local & State
Despite trade deal, U.S. lobster exports to China are down in 2020
China vowed to buy more U.S. lobsters, but year-to-date sales are 23 percent lower than in 2019.
Posted inBusiness, Local & State
Old Port merchants say city’s pedestrian-only streets may be driving customers away
The temporary closure to vehicle traffic of 6 Old Port streets was designed to help restaurants create outdoor dining space so they could reopen safely and slow the spread of the coronavirus.
Posted inBusiness, Local & State, Maine Cannabis Report
Recreational marijuana sales in Maine to begin, finally, on Oct. 9
Maine will begin issuing active adult-use business licenses on Sept. 8, with retail sales to follow a month later.