Many recipients of Pandemic Unemployment Assistance in Maine receive the minimum weekly benefit because the state labor department has no proof of their past income.
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, Local & State, News
Maine unemployment claims increase after weeks of decline
The number of Mainers who filed initial claims last week increased by more than 60% from the previous week, to 4,400.
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Posted inBusiness, Local & State, News, Politics
Maine amends wording of CMP corridor ballot question
It was altered by Secretary of State Matt Dunlap based on feedback received during a 30-day public comment period.
Posted inBusiness, Local & State, News
Top PPP recipients in Maine
The following 19 organizations in Maine each received a forgivable loan of between $5 million and $10 million through the federal Paycheck Protection Program. • Alcom LLC • Berry Dunn McNeil & Parker Inc. • Continuum Health Services Inc. • Darling’s • Somic America Inc. • Spectrum Health Care Partners P.A. • Baker Newman & […]
Posted inBusiness, Local & State, News
MaineHealth retains A+ bond rating despite pandemic challenges
Ratings agencies S&P Global Ratings and Moody’s Investors Service each endorsed MaineHealth with strong credit ratings.
Posted inBusiness, Local & State, News
Portland-based Wex secures $400 million private investment
The investment by New York-based private equity firm Warburg Pincus LLC will help Wex navigate ‘the current uncertain operating environment,’ it said.
Posted inBusiness, Local & State, News
Grant, land donation help ‘improbable’ Portland affordable housing project proceed
The Community Housing of Maine project on Middle Street recently received a donation of land valued at nearly $500,000 from billionaire philanthropist Donald Sussman.
Posted inBusiness, Local & State, News
CMP customers to see slight bill increases from fall 2019 storms
CMP said it opted to spread the price increase over 3 years to reduce the severity of the changes to customers’ bills.
Posted inBusiness, Local & State, News
Maine’s leading workers’ comp insurer to pay $17 million dividend
The MEMIC Group will pay the dividend to its members in the coming weeks, with the average employer receiving more than $1,100.
Posted inBusiness, Local & State, News
ImmuCell receives $500,000 loan from Maine Technology Institute
The Portland-based animal health company will use the funds to help increase its production capacity for one product and complete the development of another.