More than 11,500 Maine workers filed new jobless claims last week, even as the state begins reopening parts of its economy.
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Posted inBusiness, Local & State, News
Old Port retailer Portmanteau closing for good after 41 years
Owner Nancy Lawrence said she’s worried about contracting COVID-19 and having to change her way of doing business if she reopened.
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Posted inBusiness, Local & State, News, Times Record
BIW president says production delays pose a challenge to company’s future
In a rare interview, Bath Iron Works President Dirk Lesko said the shipbuilder must be more nimble and catch up on a backlog of work to compete for new contracts.
Posted inBusiness, Local & State, News
Maine women and young adults hit hardest by unemployment
New unemployment claims data show a disproportionately high impact of the economic crisis on restaurant workers, millennials and women.
Posted inBusiness, Local & State, News
As gyms prepare to open, questions linger about safety in a high-exertion environment
Some gyms already have opened for very limited services with the rest looking at a June 1 restart date, but health experts aren’t sure it’s a good idea.
Posted inBusiness, Local & State, News
Maine Economic Recovery Committee begins mapping state’s post-pandemic economy
The 39 members from around the state have the job of coming up with a plan to stabilize the state’s economy, and then grow it.
Posted inBusiness, Local & State, News
Virus cases at Cianbro job site raise concerns about construction workers’ safety
Two Mainers and an unknown number of out-of-state contractors working on a Maine Veterans’ Homes facility in Augusta have tested positive for the coronavirus, the Maine CDC said.
Posted inBusiness, Local & State, News
Covetrus reports increased sales, net loss in first quarter
Higher debt and operating expenses caused the Portland-based veterinary technology and services provider to post a net loss of $33 million.
Posted inBusiness, Local & State, News
Private equity firm involved in failed Maine mill project files for bankruptcy
Cate Street Capital was behind the effort to reopen the East Millinocket paper mill with help from a state tax credit program.
Posted inBusiness, Local & State, News
Hannaford looking to add 2,000 workers at stores in New England and New York
The Scarborough-based supermarket chain says it is working with major employers in the hospitality, tourism and retail industries to connect furloughed workers with open positions in its 182 stores.