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March 20, 2017 EditionEdition

🔒U.S. Department of Labor extends fiduciary rule implementation date

The U.S. Department of Labor is proposing an extension of the applicability dates of the fiduciary rule and related exemptions implemented by the Obama administration, including the “best interest contract […]

🔒Business leaders demonstrate vision and grit

As is often the case when Mainebiz honors business leaders, these companies and names should be familiar...

🔒Ask ACE: How can I ensure accurate understanding of instructions?

Q: How can I ensure accurate understanding of instructions? Even when communication seems really excessive, it's hard...

🔒How To: Diversify your investment portfolio

Many of us today can expect to live many years in retirement. Diversifying money across a range...
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🔒IN SHORT

New hiresCamden National Bank hired James Adsit as senior vice president and director of commercial banking for...

🔒Spinnaker Trust the latest to expand its ESOP practice

Maine's pace of Employee Stock Ownership Plan deals has been dizzying in the past year.Nearly a dozen...

🔒LePage’s budget proposal cuts funding for three ‘incubator’ programs

Three incubator programs within the Applied Technology Development Center system are slated to be “zeroed out” in Gov. Paul LePage's $6.8 billion two-year state budget proposal.

🔒Tax headache or good deed? New 3% surcharge raises fears of exodus out-of-state

For years, working professionals with mobile careers and retirees with the financial resources to relocate have fled...
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🔒GlobEcoMaine aims to replace the kitchen sponge

Phil Pastore, founder and managing director of GlobEcoMaine LLC, knew he had a good idea when he realized wood pulp could be made into strong cloth that was biodegradable.
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