Maine businesses
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PublishedJuly 1, 2020
MaineHealth retains A+ bond rating despite pandemic challenges
Ratings agencies S&P Global Ratings and Moody’s Investors Service each endorsed MaineHealth with strong credit ratings.
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PublishedJuly 1, 2020
Our View: To help Maine businesses, wear a mask
Only by reducing the spread of COVID-19 can we get the economy back on track.
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PublishedJune 30, 2020
Investors’ lawsuit advances against Prime Automotive owner
A Texas law firm claims the owner of Prime Automotive Group, which operates 9 dealerships in Maine, has been running a Ponzi scheme in which investors have lost $1.8 billion.
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PublishedJune 30, 2020
Maine hospitality industry’s revenue could fall by one-third this year, economists say
A preliminary report says the state's restaurants and lodging businesses stand to lose billions of dollars and tens of thousands of jobs because of the pandemic.
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PublishedJune 30, 2020
MaineHealth commits to solar power for half of its energy needs
The state's largest health care system has signed deals with 3 solar developers and says it expects to save $1 million a year in electricity costs.
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PublishedJune 30, 2020
Maine had record year for returning unclaimed property
The state treasurer says his office paid out $17 million to more than 30,500 claimants in fiscal 2019-20.
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PublishedJune 29, 2020
Maine’s in-home service providers operating under new house rules
Businesses that rely on working in customers' homes are either finding ways to adapt to the coronavirus pandemic or staying on the sidelines.
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PublishedJune 29, 2020
Federal emergency loan program for small businesses ends Tuesday
All remaining loan applications for the Paycheck Protection Program must be submitted by the end of the day.
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PublishedJune 29, 2020
Portland-based Wex secures $400 million private investment
The investment by New York-based private equity firm Warburg Pincus LLC will help Wex navigate 'the current uncertain operating environment,' it said.
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PublishedJune 28, 2020
Meat prices rise in Maine as grocers seek to stabilize supply chains
COVID-19 outbreaks at meat-processing plants have cut into supply, but supermarket chains are coming up with solutions to boost inventory and reduce prices on a variety of goods.
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