New Mainers are buying and operating village markets and variety stores across the state, often in rural areas where they are preserving the only retail access to gas, groceries and other necessities for miles around.
Business
Business news and information from the Portland Press Herald.
Mainers’ economic outlook varies by party, income, according to UNH poll
Most of the respondents in the Pine Tree State Poll agree that the prices of everyday goods are higher than they were a year ago and only about a fifth believe their households are better off.
For Maine farmers, CSAs bring more certainty to an unforgiving industry
Many farmers have embraced community supported agriculture as a way to stabilize income and promote the benefits of local agriculture.
Portland residential property values increased an average of 43% in last year
A citywide revaluation finalized this week determined that values increased much more on homes than businesses, which could lead to bigger tax bills for some.
Passamaquoddy Tribe wants to install hundreds of rooftop solar panels. Maine utility says it’s not allowed.
Regulators’ decision could also affect people in retirement communities and mobile home cooperatives who band together to fund solar projects.
Company that provides Medicaid transportation in Maine files for bankruptcy
Denver-based Modivcare filed for Chapter 11 bankruptcy on Aug. 20. The Maine Department of Health and Human Services said it is ‘monitoring the situation closely.’
Colby College to launch program in Port Clyde to help Maine communities tackle natural disasters
The Center for Resilience and Economic Impact is set to open in 2026, college officials say.
Portland restaurants LB. Kitchen and Ramona’s earn national praise
The New York Times and Food & Wine magazine have taken notice of the city’s food scene (again).
Silver Street by Taj to open Thursday in Old Port
The bar and restaurant is a sister venue to Taj Indian Cuisine in South Portland.
Maine high court rejects employers’ challenge of paid family leave law
Bath Iron Works and the Maine State Chamber of Commerce sued in January, claiming the state was unfairly taxing the company, which has its own paid leave program.