Two Mainers and an unknown number of out-of-state contractors working on a Maine Veterans’ Homes facility in Augusta have tested positive for the coronavirus, the Maine CDC said.
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Covetrus reports increased sales, net loss in first quarter
Higher debt and operating expenses caused the Portland-based veterinary technology and services provider to post a net loss of $33 million.
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Private equity firm involved in failed Maine mill project files for bankruptcy
Cate Street Capital was behind the effort to reopen the East Millinocket paper mill with help from a state tax credit program.
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Hannaford looking to add 2,000 workers at stores in New England and New York
The Scarborough-based supermarket chain says it is working with major employers in the hospitality, tourism and retail industries to connect furloughed workers with open positions in its 182 stores.
Posted inBusiness, Local & State, News
Portland-based ImmuCell reports record sales in first quarter
The maker of animal health products says it is trying hard to keep workers on the production line safe from coronavirus.
Posted inBusiness, Local & State, News
Maine retailers begin to reopen under new rules, with new concerns
Resuming business during the pandemic involves a lot more than unlocking the door, flipping over a sign and turning on the lights.
Posted inBusiness, Local & State, News
Maine businesses expect heavy losses and job cuts this year, survey shows
Nearly 1,500 Maine companies said they expect revenue and employment to drop because of the pandemic and restrictions imposed to contain it.
Posted inBusiness, Local & State, News
Tourism groups ask Mills to reconsider 14-day quarantine as summer approaches
The industry is worried about a collapse of Maine’s multibillion-dollar tourism economy, but the state says a quarantine is the only tool it has to stop the coronavirus’ spread from Northeast hot spots.
Posted inBusiness, Local & State, News
Wex sued in UK court for canceling $1.7 billion acquisition
The Portland-based company had agreed to purchase two travel payment firms for $1.7 billion, but backed out because of the coronavirus pandemic.
Posted inBusiness, Local & State, News
Portland may close some streets downtown to allow outdoor dining and retail
The proposal, which needs approval from the City Council, would ban vehicles from 6 streets, most of them in the Old Port, to help businesses bring back customers safely.