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PublishedNovember 22, 2021
Maine home sales down again in October as prices rise
Continued low inventory in Maine's housing market led to a nearly 11% decline in single-family home sales across the state.
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PublishedNovember 22, 2021
Ousted Prime Automotive CEO settles lawsuit for $30 million, clearing way for dealership sale
Houston-based Group 1 Automotive closed on its purchase of the dealerships on Wednesday, the same day Prime Automotive signed a settlement agreement with David Rosenberg.
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PublishedNovember 19, 2021
Maine records slight job gains in October as labor crunch continues
The state gained about 900 jobs last month, marking continued sluggish growth in a competitive labor market.
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PublishedNovember 18, 2021
Skiing, child care, ‘biochar’ and kelp: Brunswick-based CEI releases annual impact report
The mission-driven financial institution assisted 95 mostly Maine-based business clients with $35.8 million in financing during the 12 months ending Sept. 30.
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PublishedNovember 17, 2021
Federal appeals court reinstates lobstering closure in Gulf of Maine
A federal judge's ruling in a lawsuit brought by the Maine Lobstering Union and other industry businesses had temporarily halted the closure.
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PublishedNovember 16, 2021
Lobstermen’s group launches $10 million fundraising push to ‘save’ industry jobs
The Maine Lobstermen's Association says it needs money to fight new federal restrictions intended to help protect endangered North Atlantic right whales.
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PublishedNovember 13, 2021
Aroma Joe’s coffee chain to buy parcel in Portland Technology Park
The coffee shop company will buy a 3-acre plot from the city for $595,000 and aims to build its new headquarters there.
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PublishedNovember 11, 2021
Electricity prices will squeeze Mainers’ budgets next year
But state and federal agencies say they are already lining up aid to offset an expected jump in January.
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PublishedNovember 10, 2021
Gov. Mills announces $10 million in funding for Maine seafood dealers and processors
The new seafood infrastructure program will provide grants to upgrade buildings, utilities and equipment, and invest in new technology.
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PublishedNovember 9, 2021
Pandemic points out need for better economic support for marginalized Mainers, report says
A report from the left-leaning Maine Center for Economic Policy found that women, people of color and front-line workers have been disproportionately harmed by the coronavirus pandemic.
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