Expanded unemployment benefits, stimulus checks and the Paycheck Protection Program helped to soften the economic impact of restrictions and kept the state’s budget from falling deeply into the red.
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Posted inBusiness, Maine
Maine’s small-business sector still in crisis after reopening
Many businesses report poor sales and low customer counts as the coronavirus pandemic continues to strangle commerce.
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Posted inBusiness, Maine
Enforcement of Maine’s strict online privacy law begins without clear strategy
The state’s attorney general said most internet service providers affirm they are complying, but a group of large providers is fighting the law in court.
Posted inBusiness, Maine
Maine Grains sales skyrocket during pandemic, earns praise from New York Times
Amber Lambke says the business has seen a 4,000% increase in online sales since the pandemic began, and points out the company’s way of doing business is a collaborative model for rural areas.
Posted inBusiness, Maine
Gulf of Maine lobster loses key sustainability label
The London-based nonprofit that sets standards for sustainable fishing will suspend its certification of the Gulf of Maine lobster fishery Aug. 30 because of its rope-heavy fishing methods.
Posted inBusiness, Maine, News
As buildings reopen amid virus fears, occupants seek to clear the air
Businesses and schools are scrambling to upgrade their heating and cooling systems to reduce COVID-19 outbreaks.
Posted inBusiness, Maine, News
Bill to force CMP takeover replaced with measure to explore options
A last-minute amendment turned a bill that could have created a consumer-owned electric utility in Maine into a proposal to study the matter and recommend legislation in 2021.
Posted inBusiness, Maine, News
Sears is closing at The Maine Mall
The store is expected to shut its doors in mid-September, according to the South Portland mall’s general manager.
Posted inBusiness, Maine, News
Maine to update jobless payment amounts for self-employed, contractors
Starting this week, workers collecting federal benefits may be entitled to more than the $172-per-week minimum.
Posted inBusiness, Maine, News
Homebuyers from away aren’t flocking to Maine … yet
Real estate agents have anticipated that the coronavirus might lead more out-of-state residents to relocate to Maine, but so far the numbers aren’t showing it.