Business and Economy

Business news

Robert F. Bukaty / Associated Press file

Short-term rental operators in Portland are voicing opposition to a ballot question that will appear before voters in the city on Nov. 3.

A new analysis of census data by the national Center for Budget and Policy Priorities and Maine Center for Economic Policy finds that about 257,000 Maine adults are having trouble paying their usual household expenses.

Another 1,683 Mainers filed first-time claims for state unemployment benefits last week. That was 115 more than the week before.

Robert F. Bukaty / Associated Press

Maine’s retail marijuana market will finally open Friday. But some retailers are saying the celebrations might be a little muted.

FocusMaine, a private-sector group trying to accelerate economic growth in the state, will get $5.2 million in Harold Alfond Foundation grant funding.

SACO, Maine — A supermarket is recalling fresh pizza dough after a customer allegedly tampered with it.

Hannaford Supermarkets officials say a customer inserted metal objects into the fresh pizza dough sold in the deli department at a store in Saco.

The tampering came to light after a customer returned pizza dough. No injuries or illnesses have been reported as a result of this recall.

The Harold Alfond Foundation today announced that it was investing half a billion dollars in new grants to aid organizations around the state, with a particular focus on higher education.

Nick Woodward / Maine Public

Some potato farmers in Aroostook County could see lower yields this year because of extreme drought in the region.

Corey Templeton / Flickr/Creative Commons

Maine’s tourism industry managed to avert a complete disaster this summer, thanks in part to short-term rentals and outdoor and takeout dining, particularly in resort outposts that drew pandemic-weary visitors from urban areas. But overall the industry took a massive hit, and some sectors are looking ahead to a bleak winter, even as they try out new ways to adapt.

Fred Bever / Maine Public file

Three ballot referendum questions in Portland intended to increase affordable housing in the city are drawing criticism from a group opposing the proposed rent control measures.

Maine nonprofit leaders say more federal funding is needed to keep them afloat through the COVID-19 pandemic.

Robert F. Bukaty / Associated Press

Maine’s economic output fell sharply in the 2nd quarter of this year, which ran April through June. Those were the months of the greatest restrictions on business in Maine due to the coronavirus.

Robert F. Bukaty / Associated Press

A regional fishery council has approved a plan to require human or electronic monitors on all New England fishing boats targeting groundfish such as cod and haddock. The controversial measure seeks funding from Congress to help pay for the monitors.

Courtesy Cathy Rasco

COVID-19 has taken a huge toll on downtown retail and restaurant businesses all over the country. Some will not survive - and that has experts in Maine looking into the future of the state's downtowns five or 10 years down the road.

Unemployment rates fell in all three of Maine's urban areas in August. The federal Bureau of Labor Statistics reports that in Bangor, the unemployment rate fell from 8.6% to 5.7%.