Maine business
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PublishedMarch 26, 2020
Maine unemployment claims skyrocket to record 21,500 in 1 week
Nationally, almost 3.3 million workers filed for unemployment last week, the highest single-week total on record, as disruption from the coronavirus pandemic shook the U.S. economy.
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PublishedFebruary 19, 2020
Maine company envisions using lobster blood in new drugs
Lobster Unlimited of Orono is investigating whether the crustacean's circulatory fluid can be a potential weapon against viruses and cancer.
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PublishedFebruary 18, 2020
Portland Co. property developers propose new business, tax district
The Portland Foreside Development Co. says it needs city help financing as much as $70 million in public improvements to help its ambitious business district plans.
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PublishedFebruary 7, 2020
L.L. Bean wades into New York Fashion Week with clothing ‘inspired by the outdoors’
For the first time in its 108-year history, the Freeport retailer had a collection shown on a fashion runway in New York on Wednesday. The clothes will be on sale in the fall.
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PublishedJanuary 27, 2020
Saddleback buyer gets final piece of financing package
The Finance Authority of Maine board unanimously approved $2.5 million in loan insurance on a $12.5 million loan, along with a $1 million direct loan.
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PublishedJanuary 24, 2020
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex's payment processing position in the global travel industry.
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PublishedJanuary 19, 2020
Sappi Somerset Mill in Skowhegan receives new food safety certification
The certification means the company meets a Food Safety Management Standard that applies to all products produced at the paper mill after its rebuild of its Paper Machine 1.
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PublishedDecember 26, 2019
Fishermen hope Mainers get hooked on ugly – but delicious – monkfish
The underappreciated species is highlighted in a food demonstration next month, part of a series to interest local seafood lovers in Maine's diverse catch.
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PublishedDecember 23, 2019
Judge temporarily blocks Maine’s new à la carte cable TV law
The preliminary injunction means towns and cities can't enforce a new law requiring cable companies to offer pricing for individual channels.
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PublishedDecember 23, 2019
Eat & Run: It’s bye-bye bakery, hello hummus at Monument Square lunch spot
Just in time for your New Year's resolution, Nura adds healthful vegetarian options to downtown Portland.
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