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.
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PublishedDecember 17, 2020
With pandemic aid set to expire, new unemployment claims hit 5-month high in Maine
Claims for state benefits totaled about 3,000 for the second consecutive week, which officials say is the result of seasonal layoffs.
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PublishedDecember 16, 2020
Colby outlook predicts Maine economic recovery by 2022, if U.S. can control coronavirus
The annual report warns that economic recovery relies on controlling the pandemic, an effective vaccination campaign and financial relief from the federal government.
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PublishedDecember 15, 2020
Wex settles lawsuit, buys companies in UK at reduced price
The Portland company was sued after it pulled out of a $1.7 billion purchase of the two companies, but wound up buying both for a third of the original price.
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PublishedDecember 11, 2020
All $1.25 billion of Maine’s CARES Act funding now spoken for
A relief fund created in March was spent to support small businesses, unemployed workers, schools, healthcare providers and local governments.
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PublishedDecember 10, 2020
Maine’s new jobless claims hit 5-month high as virus surges
Almost 3,000 state unemployment claims were filed in the first week of December, the largest number of new claims filed in a single week since mid-July.
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PublishedDecember 9, 2020
Maine economic growth report points to short-term hardships, but opportunities down the road
Among the post-pandemic bright spots, the state’s quality of life is expected to attract out-of-state professionals to move here.
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PublishedDecember 9, 2020
Pingree presses federal agency to investigate relief loan to Maine business that may not exist
The congresswoman wants answers about a $1.2 million Paycheck Protection Program loan to Common Ground Organic Farm, which organic farmers including Pingree had never heard of before the Portland Press Herald reported on it.
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PublishedDecember 9, 2020
Maine to make one-time $600 payments to jobless residents
Thousands of Mainers who could lose unemployment benefits if federal programs expire this month will receive payments under the state’s new Pandemic Relief Program.
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PublishedDecember 8, 2020
Maine organic farm no one has heard of got a $1.2 million federal relief loan
Records show that Bridgton-based Common Ground Organic Farm LLC received the loan through the Paycheck Protection Program, even though no such company is registered in Maine.
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PublishedDecember 6, 2020
New data shows how small-business loans went to large firms, too
A Maine Sunday Telegram analysis of data found 33 percent of Maine funding went to large companies in grants of $1 million and more.
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