Interest in buying gold often comes at times of uncertainty – with potential concerns around inflation and the strength of the U.S. dollar, for example.
investment
Posted inBusiness, Maine, News
Activists say Maine public workers’ retirement system is failing to divest from fossil fuels
But the officials who decide how to invest the retirement funds of Maine’s government employees said fully divesting from fossil fuel companies would violate their constitutional duty.
advertisement
Posted inBusiness, Maine, News
Maine regulator predicts outbreak of virus-related scams
Maine Securities Administrator Judith Shaw warns residents to be wary of schemes preying on their fears surrounding coronavirus.
Posted inBusiness, Maine, News
Christian-concert promoter in Freeport found liable for investment fraud
A judge found Jeffrey Wall of Freeport and his company used investors’ money to pay off debts after promising to fund music concerts and festivals.
Posted inBusiness
Friday, a Portland tech startup, receives $450,000 investment
The company develops communication software for teams of remote workers to share their work and stay connected.
Posted inBusiness, Maine, Nation / World
Ex-developer Michael Liberty wants other cases delayed while he fights Maine criminal charges
The former Portland developer is asking a court to put a Pennsylvania case on hold so he can focus on the fraud charges.
Posted inBusiness, Maine, News
New lawsuit accuses company that owns Prime Automotive of running Ponzi scheme
The federal lawsuit claims GPB Capital Holdings has been paying investors dividends out of their own invested funds.
Posted inBusiness, Franklin, sj-web
Verso posts $30 million loss for 2017 as it invests in Jay mill
Verso Corp. reported a $30 million net loss in 2017, but expects sales to improve this year thanks, in part, to increased production of specialty products at its paper mill in Jay. The company had a “difficult start” to 2017, but had a strong turnaround in the second half of the year and is in […]
Posted inBusiness
Maine DECD says it will consider starting state-run EB-5 program
LEWISTON — The state of Maine may start its own visa program to help bring more direct foreign investment here, according to Maine Department of Economic and Community Development Commissioner George Gervais. The state is looking at establishing a state-run EB-5 regional center, Gervais said. EB-5 visas provide foreign nationals with a way of obtaining green […]
Posted inAdvertiser Democrat, Oxford Hills, River Valley
Sunday River receives $5 million investment from parent company
NEWRY — Sunday River Ski Resort will receive $5 million to use toward capital improvements this year, resort spokesperson Darcy Morse said Monday afternoon. Morse said that the $5 million was given to Sunday River as part of a new investment from their parent company, Boyne Resorts. Boyne Resorts has invested over $40 million in […]