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The city of Ellsworth and a local group, Heart of Ellsworth, have joined the Main Street America program and achieved national Main Street accreditation.
The annual attention-getting event continued to provide visitors to Lewiston-Auburn, despite some obvious challenges.
After six years of planning, the town of Hollis broke ground this week on a $7.5 million town hall, with funding coming from tax-increment financing and American Rescue Fund money.
PeoplesChoice Credit Union, currently open to members in Cumberland and York counties, has secured regulatory approval to add seven other counties to its field of membership.
Moody's Ratings recently raised its credit rating on Portland's general obligation debt to its highest rating of 'Aaa.'
Goodwill Northern New England has partnered with a veteran-owned company to offer donation pick-ups.
Leases for eight swaths of federally controlled ocean will go up for sale. If developed as wind power sites, they could generate enough electricity to power 4.5 million homes.
The grant recipients are working to prevent the disease in areas throughout the state, from Caribou to Rockport to Portland.
For decades, people have pondered the penny. Does a coin with so little value have any value at all in the U.S. economy? Does the reddish-brownish disc of copper and (mostly) zinc serve a useful purpose, perhaps even beyond its intended one?
As the New York Times reported recently, most of the pennies issued by the U.S. Mint are given out as change and then never spent. This creates an incessant demand for new pennies, so that change can be handed out in future cash transactions.
"In other words," Caity Weaver wrote for the Times, "we keep minting pennies because no one uses the pennies we mint." It's estimated there are 240 billion pennies in the U.S., the vast majority of which are sitting in coin jars, hiding beneath sofa cushions, or otherwise dormant.
To replace the lost money, the federal government literally loses money. Minting a single 1-cent coin costs more than 3 cents.
Faced with a similar dilemma, Canada phased out the use of its penny in 2013. Cash prices there are now rounded up or down to the nearest nickel or dime. Should the U.S. do the same?
No, say penny proponents. There is something very American about getting exactly the change you're entitled to. And the coin has its admirers. It's embedded in our language, our culture. The penny's portrait of Lincoln is the most reproduced piece of art on Earth.
So this specie remains the most basic instrument of doing business. What's your 2 cents?
The University of Southern Maine has named Britney Mitchell, who has been with USM for nine years, as the next director of admissions.
The new City Loop Shuttle operates on a circular route through downtown Portland and includes 10 stops from the Eastern Promenade to the Arts District.
Penobscot General Contractors, which is based in Falmouth, has grown from sales revenue of $5 million to $8 million a few years ago to $70 million in 2023. The firm has 31 employees.
After nearly a half century of operation, St. Joseph’s Rehabilitation and Residence will close for good on Sept. 20.
The city of South Portland has promoted Frederick Dillon to direct its Water Resource Protection Department.
In recent months, Falmouth has welcomed many new restaurants to its food scene, including Jaffa Mediterranean Grill, an outpost of a South Portland-based restaurant.
By Sept. 26, the University of Maine expects to announce how new offers for the sale or transfer of the property will be solicited.
About $1.4 million from the Small Business Administration will support the economic resilience of the coastal communities dependent on the lobster industry.
Maine's minimum wage will increase to $14.65 per hour next year, a hike that's expected to boost pay for about 96,000 people.
The United Way of Southern Maine has promoted three senior staffers into newly created leadership positions.
One banking analyst tells Mainebiz he expects 'the momentum for mergers and acquisitions to accelerate over the next 18 to 24 months.'
A roundup of new hires, promotions and achievements from businesses, health care institutions, nonprofits and professional services firms in Maine.
The area is bustling and has become more so. In recent years, over $200 million of investment, along with help from tax incentives, has transformed the downtown.
The Center for Entrepreneurial Studies has had a key role in the development of future businesspeople. The nonprofit has forged partnerships with 'Maine Cabin Masters' and OpBox, and now plans an expansion.
From groundbreakings for the Roux Institute building and an Auburn mixed-use site to the unveiling of the Woods & Waters welcome center, here is construction news from Portland to Coburn Gore.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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