Bank of America

Bank of America Corp, which employs 860 people in Maine, said it will raise its U.S. minimum hourly wage to $25 by 2025. Hiring plans in Maine include bringing on more than 30 employees across a range of business and support functions.

Guest author April Paradis, an HR specialist at Bank of America, says that investing in women in business has been especially important during the pandemic, when nearly 1-in-4 women have considered leaving the workforce.

Guest columnist Jason Lundy, a banker, cites three ways manufacturers can and have changed how they do business to weather the pandemic.

The Children’s Museum & Theatre of Maine is hoping to raise $14 million to fund construction of its future 30,000-square-foot home at Thompson’s Point. Work is already underway on the new facility, expected to attract nearly 250,000 visitors a year.

Six Maine banks and credit unions are partnering with Portland Adult Education to help immigrant residents prepare for teller jobs in the financial services industry.

The Children’s Museum & Theatre of Maine has named Julie Butcher Pezzino as executive director, replacing Suzanne Olson, who announced earlier this year that she would retire in July.

Banks doing business in Maine in 1994 could be divided much the way they are now — the banks based in Maine and out-of-state banks with a large presence here. Many of the Maine-based banks are still around, if bigger, now. There have been some mergers here and there. But it’s with the national banks that Maine has seen some of the biggest changes.

Call centers — those banks of pleasant, headset-wearing workers who seem to be at the end of every toll-free telephone line — are an unseen but vital part of Maine’s economy, working behind the scenes for companies like L.L.Bean and Bank of America.

Two weeks after Bank of America announced it will raise its minimum wage to $20 an hour by...

From 2012-16, fewer than a third of working-age Mainers with a disability were employed, compared to 80% employment for others, according to the Maine Department of Labor. But a number of Maine employers are countering that trend by offering jobs to people with disabilities.