The turnpike’s new executive director has reopened contract negotiations with the company that runs five service plazas along the toll highway.
economy
Posted inBusiness, Maine, News
How Maine is creating homes in forgotten and unlikely places
Faced with a vexing housing crisis, Mainers are finding ways to build homes in abandoned and undeveloped spaces. But costs, public opposition and an uncertain economy are impeding progress.
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Posted inBusiness, Maine, News
Mills reaffirms commitment to foreign trade partners amid tariff uncertainty
In remarks Monday morning, Maine’s governor emphasized the interconnectedness of trade and the environment and the importance of understanding and minimizing the worst effects of climate change.
Posted inBusiness, Food, Maine
Maine has a thriving industry of home bakers
The state has fewer restrictions than most others on selling foods made at home.
Posted inBusiness, Maine, News
Visitors to Maine dropped again in 2024, challenging a top industry
Spending by tourists increased slightly to $9.2 billion, but Gov. Mills anticipates further declines as Canadians curb U.S. travel plans.
Posted inBusiness, Maine, News, Politics
Uncertainty over tariffs fuels fears of a recession in Maine and beyond
Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
Posted inBusiness, Maine, News
As Trump shakes up economy, winners and losers will emerge. Maine could be on the wrong side.
The state’s reliance on Canada for trade and tourism, coupled with the president’s threats to punish Maine after his public spat with Gov. Mills, could spell trouble.
Posted inBusiness, Maine
Maine’s groundfishing industry is in decline. Saving it is complicated.
Dozens of fishermen have left the industry after years of struggling to make a living.
Posted inBusiness, Maine, News
Mainers join nationwide economic blackout in their own way
Some small businesses saw more cash purchases during the 24-hour grassroots action against the U.S. economic and political system.
Posted inBusiness, News, Politics
Golden proposes universal 10% tariff, saying it will protect Maine workers
The Democrat says his proposal, first introduced in September, would make the U.S. more equal with trading partners that for years have protected their industries and workers.