Maine businesses
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PublishedFebruary 24, 2021
Portland’s Wex reports virus-related financial woes in 2020
Wex, one of Maine's largest tech firms, reported a drop in revenue and profits for the year, which it attributed largely to the coronavirus pandemic.
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PublishedFebruary 23, 2021
Maine business, education groups tout economic benefits of immigration reform
More than 80 companies and organizations have signed a pledge saying Maine's economic future relies on state and federal policies that encourage immigration.
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PublishedFebruary 22, 2021
ImmuCell reports 2020 sales boost, new product update
The Portland-based animal health company reported a 12% increase in sales and progress on its efforts to earn regulatory approval for a new product called Re-Tain.
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PublishedFebruary 22, 2021
New business accelerator planned for Portland’s Roux Institute
International entrepreneur network Techstars will provide 10 young companies a year with funding and mentorship at the technology school.
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PublishedFebruary 22, 2021
State validates more than 80,000 signatures for new CMP corridor referendum
The Secretary of State's Office finds 80,506 valid signatures, more than enough to put the issue on the November ballot.
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PublishedFebruary 21, 2021
U.S. lobster exports to China rebounded in 2020
Maine's lobster industry sees the boost as a positive sign in a year of declining international trade caused primarily by the coronavirus pandemic.
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PublishedFebruary 21, 2021
Employment barriers for highly skilled immigrants lead to ‘brain waste’ in Maine
Hundreds of immigrants have moved to Maine in recent years, including those with expertise employers in the state desperately need. But many can't get a job in their field.
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PublishedFebruary 19, 2021
Comments on right whale plan due by March 1
The National Oceanic and Atmospheric Administration is proposing a reduction in lobster trap lines and state-specific markings for fishing gear as part of a plan to reduce the number of whale entanglements.
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PublishedFebruary 18, 2021
‘Holey Donut’ café changes name after Portland’s Holy Donut sues
The dispute was resolved amicably between the popular Maine doughnut shop and an Oregon café that once bore the allegedly infringing name.
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PublishedFebruary 18, 2021
More than 7,600 Maine employers approved for new pandemic aid
About $553 million in forgivable loans has been approved for Maine businesses under the Paycheck Protection Program's current phase.
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