Renee Cordes

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https://mainebiz.biz
rcordes@mainebiz.biz
207-761-8379 x337
Renee joined Mainebiz in 2017 after more than two decades as a journalist in Europe and was promoted to deputy editor in 2025. She covers beats including startups, small business and banking and finance and has won several awards for her work from organizations including the Society for Advancing Business Editing and Writing, the Alliance of Area Business Publishers and the New England Newspaper and Press Association. The Chicago native holds undergraduate and graduate degrees from Northwestern University’s Medill School of Journalism and launched her journalism career at the Chicago Daily Law Bulletin. Renee, a fan of historical fiction, is fluent in German and French and lives in Cape Elizabeth with her husband and pet cockatiel.
Banking & Finance

🔒 Boston Fed chief sees room for another rate increase in 2026

Citing elevated risks of persistently high inflation, Susan M. Collins, president and CEO of the Federal Reserve Bank of Boston, said she sees room for another interest rate increase this […]
Life sciences

🔒 Maine life sciences sector added 1,700 jobs in past decade

"We are seeing steady growth among established companies and exciting momentum in the startup ecosystem,” said the head of the Bioscience Association of Maine.
Banking & Finance

🔒 Norway Savings to close downtown Portland branch, seek new location

The bank plans to close its branch at 120 Exchange St. near Portland City Hall on or around Dec. 18, according to plans notified to the Bureau of Financial Institutions.
Health care

🔒 Maine Hospital Association sues to block federal drug-rebate program

The trade association says the rebate program could add more than $1 billion in annual administrative costs for already-strained hospitals when it takes effect in 2027.
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Health care

🔒 $2.8M lifeline buys time for Bangor nonprofit health provider

Penobscot Community Health Care said it is no longer pursuing an imminent Chapter 11 filing, though the next 12 months will remain "critical."
Banking & Finance

🔒 MEMIC to pay $17M dividend to Maine policyholders

“There’s no question that Maine businesses are navigating a lot of uncertainty right now. We understand that because we work alongside them every day,” said Michael Bourque, the company's president and CEO.
Economy

Immigrants contribute $15B impact to Maine economy, report finds

“We commissioned this report to establish a common set of facts about the vital contributions of immigrants to our economy,” said Julia Trujillo Luengo, director of the Maine Office of New Americans.
Awards

From parents to former presidents: Who and what inspires the 2026 Mainebiz 40 Under 40 honorees

One of the more intriguing questions we ask every year is: Which three guests, living or dead, would you invite to a dinner party — and why?
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Banking & Finance

Maine credit unions kick off $100K challenge to support hunger relief

“Demand for food assistance continues to grow and every donation our campaign receives this month will help put food on the table for more people in need,” said the head of the Maine Credit Union League.
Banking & Finance

🔒 Longtime leader of Bucksport credit union to retire in 2027

"Serving as CEO for the past 31 years has been the greatest honor of my professional life," said Kyle Casburn, president and CEO of Seaboard Federal Credit Union.
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