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Hollywood Casino now offers baccarat, and has trained all of its existing dealers on the game featured in several James Bond films, with plans for additional jobs.
The Bangor-based firm has appointed five new vice presidents across its departments and service lines.
The increasingly competitive marketplace has been a challenge for Changing Seasons FCU, with the cost of doing business outpacing its ability to keep up with new products and services.
Maine Savings Federal Credit Union has appointed Kaitlin Ferland and Kash Keezer to its mortgage loan officers team.
The budget airline, which already serves Portland International Jetport, will make Bangor a second Maine destination beginning in October.
The historic rehabilitation involved two buildings dating to the 1880s, built within yards of each other, but nearly vacant in recent years.
As we head into the weekend, Maine restaurants are gearing up for a busy St. Patrick’s Day. Where are you going to get your Guinness on?
Two major projects will get underway in April: a complete rehab of the airport runway, and construction that will connect the domestic and international terminals.
One of the 2024 Business Leaders of the Year is Joan Ferrini-Mundy, president of the University of Maine. Under her leadership, the school has seen significant growth, including the opening of the $78 million Ferland Engineering Education and Design…
The company, which is resuming its own ice cream production after a fire in 2023, is launching its first year-round line of pint-size varieties.
Over the past several months, banks and other businesses have been looking for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions have been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
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 MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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