It was the 10th-largest U.S. venture capital deal during the third quarter, according to a leading investment report.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Maine
FocusMaine starts executing master plan to bring more jobs to the state
Aided by $6 million in funding, the independent group of state business leaders hires a chief executive as it works to add skilled workers in three industries.
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Posted inBusiness
Photo Finish to stop developing film
The Auburn photography shop cited rising costs and decreased demand.
Posted inBusiness, Maine, News
Despite complaint, L.L. Bean claims right to ‘Be an Outsider’
A Utah outdoor apparel maker says the ad campaign infringes on its ‘The Outsider’ trademark.
Posted inBusiness, Maine, News
Neglect plagues downtown Portland’s landmark Time & Temperature Building
The building is deteriorating steadily and losing tenants, who wonder why the owner doesn’t either maintain it or sell it.
Posted inBusiness, Maine, News
Two developers vying for multi-gen project in Cumberland
Town officials want to build a compact neighborhood that would include senior housing.
Posted inBusiness, Maine, Nation & World, News
Trump tax cuts would give little to poorest Mainers, windfall to wealthiest, report says
The Institute on Taxation and Economic Policy estimates that those with the lowest incomes would receive 1.6 percent of the cuts, while the state’s wealthiest residents would get 39 percent.
Posted inBusiness, Nation & World, Politics
Missing details of Trump tax reform plan will determine winners, losers, local experts say
Tax experts say a nine-page ‘framework’ released last week lacks crucial information for assessing its impact on businesses and individuals.
Posted inBusiness, Maine, News, Schools and Education
New group aims to boost post-secondary education in Maine
MaineSpark’s goal is that 60 percent of adult Mainers will achieve some form of training beyond high school by 2025.
Posted inBusiness, Maine, News
Press Hotel developer forms new company
Based in Portland, Fathom Cos. will manage hotels and redevelop historical properties.