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Even as more of us manage personal finances on an app, banks are still investing in brick-and-mortar branches to build relationships.
There's a growing trend among investors who are looking to do good while earning a financial return. Sustainable investing integrates a spectrum of goals defined by the investor’s personal philosophy.
Female founders and business owners in a variety of sectors face challenges raising money in the male-dominated venture capital industry.
The Portland-based digital health startup's new backers are Japan's Global Brain and Bose Ventures, the corporate venture capital arm of Framingham, Mass.-based Bose Corp.
A transit manager and schoolteacher started a home brewery and can now scale up to commercial operation, thanks to a business-attraction contest in Lewiston. The $80,000 prize package includes a year of free rent downtown, plus services.
Lawyers and judges in all areas of law have had to adjust to remote proceedings during the pandemic.
Over the past year, the Small Business Administration made 417 loans in Maine that weren't through the Paycheck Protection Program or an Economic Injury Disaster Loan.
Camden National Bank reported net income of $52.5 million for the nine months ended Sept. 30, an increase of 27% compared to the same period in 2020. But Q3 net income was down compared with Q3 2020.
Bangor Federal Credit Union and First National Bank are both adding to their physical footprints with new branches.
Bar Harbor Bankshares reported $11 million in third-quarter net income and 73 cents in diluted earnings per share, exceeding the consensus estimate of analysts polled by Zacks Investment Research.
The parent of Katahdin Trust Co. said third-quarter earnings rose, even as it expressed concern about the industry's potential headwinds. The First Bancorp posted a 27% increase in earnings.
Now that a moratorium on real estate foreclosures has ended, bank repossessions and other activity are picking up again. Maine ranks high in a recent study of where the increase is greatest.
The $20,000 ad campaign, currently running on local TV channels and online, promotes the importance of regular mammograms and screenings for other cancer as well.
The president and COO of Great Works Internet, a Biddeford-based broadband carrier, talks with Mainebiz about the lessons he's learned as a business leader, an angel investor and an immigrant, and how they shape his work today.
The annual rankings this year compared 100 companies that made an initial evaluation in August. The competition grades each on the basis of employee benefits, workplace policies and feedback in a satisfaction survey.
The 16,000-seat Bangor amphitheater, where a major renovation is nearly complete, has sold naming rights to a Maine financial institution.