Investments include $20 million for a new small business grant program, $39 million to help lower monthly health insurance premiums and $80 million to replenish the state’s unemployment trust fund.
Edward D. Murphy
Ed covers the City of Westbrook and business stories for the Portland Press Herald.
Posted inBusiness, Maine, News
Portland sports tech firm KinoTek scores $2.1 million investment
The company, which has developed a platform to help clinicians rapidly obtain data on their clients’ movement, received the money from a Florida investment fund.
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Posted inMaine, News
Kennebunkport’s ‘Renaissance man’ honored at age 105
Frank Handlen has been a prolific artist, shipwright, sculptor and rock of the community for decades.
Posted inBusiness, Health, Maine, News
Maine pharmacists flag ivermectin prescriptions from people seeking drug for COVID-19
The drug is intended to target infections caused by some parasitic worms in humans and animals, but many are seeking prescriptions because they believe it can ward off or treat COVID-19.
Posted inMaine, News
Celebrated Chinese American mom to be honored posthumously in Portland
A plaque will mark the site on Forest Avenue where Toy Len Goon, ‘an extraordinary woman,’ ran a laundry and raised eight children as a single widow in the mid-20th century.
Posted inBusiness, Maine
Mercy moves more facilities to Fore River site, including surgery center
The hospital is on track to move all of its functions to the new site by the end of the year.
Posted inBusiness, Maine, News
Maine home prices up 15% in August as sales volume eases
The Maine Association of Realtors’ president said last month’s numbers suggest the state’s real estate market might be stabilizing.
Posted inBusiness, Maine, New England
Bull Moose workers in New Hampshire unionize
The unanimous vote came at a store in Salem, N.H., that was abruptly closed and then reopened in late spring.
Posted inAuto Racing, Business, Local Sports, Maine, News, Sports
Fans and employees ‘devastated’ by sale of Scarborough’s Beech Ridge Motor Speedway
‘When the announcement was made you could hear a pin drop’ in the crowd of 1,000 people, says Andy Austin, the longtime Beech Ridge race announcer.
Posted inBusiness, Maine, News
Top Biden official meets Sen. King in Portland to talk renewable energy
U.S. Energy Secretary Jennifer Granholm used the visit to highlight research into generating electricity from rivers and tidal currents.