Union officials say Bath Iron Works, citing a mandate from the president and the Navy, wants to keep the shipyard open despite the pandemic.
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Posted inBusiness, Local & State, News
Coronavirus concerns push back Maine elver season
The state will delay the start of the fishery’s $20 million-a-year season by at least 2 weeks.
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Posted inBusiness, Local & State, News
Credit unions concerned Mainers are withdrawing too much cash
The withdrawals appear to coincide with the coronavirus pandemic and credit unions seek to reassure customers that their money is safer in financial institutions than in their homes.
Posted inBusiness, Local & State, News
Maine home sales and prices increased in February
However, the coronavirus outbreak is now causing concerns for buyers, sellers and agents.
Posted inBusiness, Local & State, News
Gov. Mills approves tax credit for biofuel makers
The tax credit is projected to create or sustain over 1,000 manufacturing jobs in Maine over the next 10 years.
Posted inBusiness, Local & State, News
Hannaford donates $250,000 to food banks in 5 states
The donations include $100,000 to Good Shepherd Food Bank in Maine.
Posted inBusiness, Local & State, News
Tax season interrupted by coronavirus, creating concern for Maine accountants
The federal government is giving people who owe taxes more time to pay, but it hasn’t extended the April 15 filing deadline.
Posted inBusiness, Local & State, News
State agency releases emergency loans for businesses impacted by coronavirus
The Finance Authority of Maine will use one-third of its reserves to aid small businesses damaged by the sudden economic impact of the pandemic.
Posted inBusiness, Local & State, News
Maine delegation calls on Defense Department to protect BIW workers
Democrats also are asking the department to push back its scheduled deadlines for the delivery of warships.
Posted inBusiness, Local & State, News
Large retailers in Maine redefine how shopping works in a pandemic
Target and Best Buy stores are changing hours and policies, while others such as Macy’s are closing altogether.