The median home price in Maine is about $15,000 below record highs set in May and June, but still remains above the median cost at this point last year.
Business
Business news and information from the Portland Press Herald.
Posted inBooks, Business, Leslie Bridgers, Local & State, News
Meet the BFFs behind the mobile bookstore for Maine romance fans | Column
Despite a decline in reading for pleasure, two former Barnes & Noble coworkers have found a niche with Novella.
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Posted inBusiness, Local & State, News
Study ties Portland rent control to higher property taxes, but economist questions findings
The findings arrived as city property owners are receiving their new tax bills after a property revaluation that drastically changed costs for many homeowners.
Posted inBusiness, Local & State, News
5 takeaways on the Kennebec River dam sale
While all the impacts of the sale of Brookfield Renewable Energy’s hydroelectric dams to The Nature Conservancy aren’t yet known, here’s what we know so far.
Posted inBusiness, Food, Local & State, News
Gill’s Bar opens in Portland’s West End Thursday
The neighborhood bar is located at 133 Spring St.
Posted inBusiness, Food, Local & State
Douro restaurant to open in Portland in October
The Portuguese seafood eatery is a sister operation to Twelve and Evo.
Posted inBusiness, Local & State, Times Record
Brunswick breaks ground on medical tech facility expansion
Swedish company Mölnlycke Health Care is expanding its Brunswick Landing facility by nearly 80,000 square feet.
Posted inBusiness, Local & State, News
Large data center could come to Wiscasset
The proposal, on land also being considered for housing, is ‘in its earliest stages,’ town officials said. Artificial intelligence has spurred the development of similar centers across the country.
Posted inBusiness, Local & State, News
4 Kennebec River dams to be sold to Nature Conservancy
Brookfield Renewable Energy and The Nature Conservancy agreed to a deal that’s expected to eventually remove the dams.
Posted inBusiness, Local & State, News
New Balance celebrates new Skowhegan factory, American manufacturing
Meanwhile, officials said talks are underway about repurposing the company’s former factory in Norridgewock.