The founder decides to sell her onetime startup, now with $60 million in annual revenue. The 52 employees will remain.
Whit Richardson
Posted inBusiness, Local & State, News
Magnetic strip has U.S. card security stuck in the past
Because ‘chip-and-PIN’ has become the norm elsewhere, hackers prefer to target U.S. transactions.
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Posted inBusiness
Trade deal could benefit Maine
A study shows the Transatlantic Trade and Investment Partnership would increase Maine exports to the EU by 23.7 percent and create thousands of jobs over 13 years.
Posted inBusiness
Maine salmon farms spawn sea-lice solution
Global researchers gather in Portland to discuss the parasite, which costs the aquaculture industry dearly.
Posted inBusiness, News
Gorham company to supply parts for world’s largest fusion reactor
MEGA Industries gets $1.2 million, its largest contract with ITER so far.
Posted inBusiness, Local & State, News
State report: Alternative energy a top bet for job growth
The findings have the potential to recast the investment strategies of the Maine agency that directs seed money and development loans to promising startups.
Posted inBusiness, Local & State, News
Lockout or strike looms after talks on FairPoint contract stall
The telecom company declares an impasse in negotiations, and unions file a federal complaint accusing it of not bargaining in good faith.
Posted inBusiness, Schools and Education
UMaine System identifies goals for research fund
The Maine Economic Improvement Fund supports R&D at the state’s public universities.
Posted inBusiness, Local & State, News
Maine property firm remains committed to housing in chaotic Ferguson
But South Portland-based Eagle Point Partners says it expects a debate over affordable housing, crime and safety.
Posted inNews
What will it take for Millinocket to rise?
What the future holds for the Millinocket area, and how big a role tourism will play in it, has been debated for nearly 30 years, ever since Great Northern announced its first big layoffs in 1986.