While Massachusetts Gov. Patrick says talks are going well, a board statement disagrees.
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, News
Maine’s NextGen college savings plan ranked second-largest in U.S.
The plan is designed to help families save for future college expenses.
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Posted inBusiness, News
Market Basket to 200 employees: Return to work or be fired
The employees, none of them in Biddeford, haven’t been at work for weeks to protest the ouster of the beloved CEO.
Posted inBusiness, News
Union workers in Maine join protest of FairPoint outsourcing plans
The ‘informational protests’ aim to highlight the negative effects of allowing the company to replace union workers with out-of-state contractors.
Posted inBusiness, Local & State, News
Former Market Basket CEO says board refused his purchase offer
The ongoing dispute between rival sides could cost the supermarket chain dearly among customers and employees, analysts say.
Posted inBusiness, Local & State, News
Market Basket buyer beware: A new owner would face significant risks
Regional competitors, out-of-state chains and the former CEO all may be interested in getting control of the chain.
Posted inBusiness, Local & State, News
Part-time workers lose hours as Market Basket cuts staffing
In Biddeford, 270 part-timers are told that their work time will be reduced or eliminated, but not their jobs.
Posted inBusiness, Local & State, News
Telecom CEO: Maine’s limited access to broadband bad but fixable
Fletcher Kittredge of GWI says it will take a group effort to solve a problem that deters economic development and affects everyone.
Posted inBusiness, Local & State, News
Decline of Gulf of Maine cod leaves regulators a tough task
A moratorium is even possible as preliminary data indicates the fishery is close to ‘commercial extinction.’
Posted inBusiness
FairPoint posts $22.7 million net loss in second quarter
Officials say the company continued to lose landline phone customers, who make up the vast majority of its business.