For budding entrepreneurs, location matters as towns and cities vary widely – from $100 to $40,000 – in costs for setting up shop.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, Local & State, News
Maine home sales fell again in August, while prices rose, but market may be leveling off
The number of sales fell by double digits, and the median sale price increased by about the same percentage. Mortgage rates are climbing and could be a wild card.
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Posted inBusiness, Local & State, News
Westbrook’s Rock Row starts next phase of development with medical campus
The multiuse Rock Row complex already includes many retail businesses, but is beginning the next step toward a 2.7 million-square-foot footprint.
Posted inBusiness, Local & State
New use considered for historic Portland office high-rise
The People’s United Bank Building, overlooking Monument Square, might offer residential units under the owners’ new plan.
Posted inBusiness, Local & State, News
Immigrants may hold a key to solving Maine’s labor shortage
As more people leave the state’s workforce than enter it, new Mainers may play a vital role in filling the gaps.
Posted inBusiness, News
Potential railroad strike would damage struggling U.S. economy, but effects in Maine unclear
A total of 60,000 union workers had been expected to walk off their jobs as early as 12:01 a.m. on Friday.
Posted inBusiness, News
Royce Cross stepping down as CEO of Cross Insurance, being succeeded by son
Jonathan Cross is the third generation of the Cross family to lead the 68-year-old, Bangor-based insurance provider.
Posted inBusiness, Food, Local & State, News
An unlikely pairing in Portland? Maine Standard Biofuels buying Urban Farm Fermentory
The fermentory, which makes cider, kombucha and mead, may soon be acquired by Maine Standard Biofuels, which recycles cooking oil into heating fuel.
Posted inBusiness, News
Data breach may have affected over 15,000 student loan borrowers in Maine
Personal information including Social Security numbers may have been illicitly accessed, and 2.5 million people may have been affected nationwide.
Posted inBusiness, Local & State, News
Maine’s average gas price falls below $4 a gallon for first time since March
The price has dropped by more than a dollar per gallon since peaking in mid-June.