The owners of Salt Pump Climbing Co. in Scarborough have acquired Evo Rock + Fitness in Portland in a move intended to fortify both gyms in a challenging economy.
economic impact
Posted inFood, Green Plate Special, Recipes
Apps can save you money on groceries, but are they worth it?
Technology has created more ways to save money on groceries, advancing a technique that’s as old as clipping coupons.
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Posted inBusiness, Maine, News
Snowmobiling as an economic driver in Maine faces a bumpy future
Land ownership changes and rising costs are a threat to the riders, clubs and businesses who love and depend on the multimillion-dollar industry.
Posted inBusiness, Maine, News
Businesses are rolling with penny phase-out challenges
Some Maine retailers and others who handle cash transactions are rounding change to the nearest nickel in the absence of pennies.
Posted inBusiness, Maine, News
Study: Colby added $2.5 billion to Maine’s economy since 2019
The analysis, commissioned as a follow-up to a report on Colby’s impact from 2014-18 and presented in downtown Waterville on Thursday, shows the college’s investments in facilities and people added $1.3 billion to the Waterville-area economy over the last six years.
Posted inBusiness, Do This, Food
Orange Bike Brewing Co. hosts ‘Day of Impact’
The Portland-based company is co-hosting the event with a national impact investment firm to explore the brewery’s mission of building a more equitable economy.
Posted inBusiness, Maine, News
Maine approves 9.6% rate reduction for workers’ comp premiums
The news is expected to save businesses money at a time of growing economic uncertainty.
Posted inBusiness, Maine, News
More and more Maine homes are selling for millions of dollars
Maine’s luxury real estate market had a record year in 2024, while the number of properties sold for more than $1 million has quadrupled over the last 5 years.
Posted inTimes Record
Here’s what the latest global climate assessment means for Maine
The Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) released a new global assessment outlining a path toward a sustainable future. Dr. Kanae Tokunaga of the Gulf of Maine Research Institute was one of two experts from the U.S. chosen to contribute. Here’s her take on what ‘transformative change’ could mean for working waterfronts.
Posted inBusiness, Nation & World
The unconventional economic theory behind Trump’s sweeping tariff plans
Michael Pettis, a Wall Street veteran who teaches finance in Beijing, says mainstream economists are wrong about trade.