Maine by the numbers

A daily snapshot of the state's economy

Membership in Maine Credit Unions





Source: Maine Credit Union League

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News from January 6, 2014

January 6

Senate confirms first woman to ever lead Federal Reserve

Janet Yellen, who chaired Bill Clinton’s Council of Economic Advisers, will replace Ben Bernanke.

January 6

Men’s Wearhouse boosts bid for Jos. A. Bank

Analysts say a combination would enable both chains to cut costs and boost profits in an increasingly competitive market.

January 7

Portland Food Co-op takes step toward full-service store

The location on Congress Street is expected to open to the public in September.

January 30

Billion-dollar merger may affect three Maine paper mills

Verso Paper will acquire NewPage Holdings in a $1.4 billion deal. The two employ 2,250 workers in the state.

January 6

Natural gas company to pay contractors

Summit Natural Gas of Maine plans to pay money owed on the pipeline project by Jan. 10.

January 6

Global market grows for fake clicks

Companies are capitalizing on the chance to make millions of dollars by duping social media.

January 6

Bold idea for Portland restaurant fraught with challenges Several photos included in this story

All of the food will be grown or harvested in Maine – a restrictive standard, but chef/owner David Levi thinks he can pull it off, even though items like lemons, olive oil and sugar cane don’t grow here.