In a rare interview, Bath Iron Works President Dirk Lesko said the shipbuilder must be more nimble and catch up on a backlog of work to compete for new contracts.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
Posted inBusiness, Local & State, News
Maine women and young adults hit hardest by unemployment
New unemployment claims data show a disproportionately high impact of the economic crisis on restaurant workers, millennials and women.
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Virus cases at Cianbro job site raise concerns about construction workers’ safety
Two Mainers and an unknown number of out-of-state contractors working on a Maine Veterans’ Homes facility in Augusta have tested positive for the coronavirus, the Maine CDC said.
Posted inBusiness, Local & State, News
Maine knowingly reported misleading jobless data
Claims data from the state Department of Labor show nearly 157,000 claims have been filed since March 15, but more than 30,000 of those are duplicates.
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Maine businesses expect heavy losses and job cuts this year, survey shows
Nearly 1,500 Maine companies said they expect revenue and employment to drop because of the pandemic and restrictions imposed to contain it.
Posted inBusiness, Local & State, News
Safety work to close I-295 travel lanes and ramps north of Portland
Construction to add emergency pull-off areas on the busy stretch of highway and extend the on-ramps at exits 15 and 17 is underway and expected to go until July 3.
Posted inBusiness, Local & State, News
Tourism groups ask Gov. Janet Mills to reconsider 14-day quarantine as summer approaches
The industry is worried about a collapse of Maine’s multibillion-dollar tourism economy, but the state says a quarantine is the only tool it has to stop the coronavirus’ spread from Northeast hot spots.
Posted inBusiness, Local & State, News
Maine bus companies stalled by pandemic head to Washington for ‘rolling rally’
Hundreds of charter bus operators from across the country will drive around the National Mall on Wednesday to advocate for federal aid to the struggling industry.
Posted inBusiness, Local & State, News
Mainers are are driving more and taking more trips as restrictions ease
Vehicle traffic and smartphone location data indicate movement across the state has increased since April but remains far below pre-pandemic levels.
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New jobless claims surged by 16,000 last week as more workers qualified for benefits
Nearly 125,000 Mainers have now filed for unemployment benefits, roughly 18% of the state’s civilian labor force.