economy

Seminar series seeks to create more frugal lobster fishermen

PORTLAND — Today's lobstermen are confronted with a vastly different lobster business than the one enjoyed by their fathers and grandfathers. Gone are the days of socking money away beneath the mattress, or hoping that wealth accumulated in a savings account will be enough to get...

News •
Tuesday, May 19, 2009 at 10:20 am
Students vs. the economy: College grads face uncertain times

PORTLAND — University of Southern Maine seniors Brandon McKenney and Gwen Merrick have taken the last few weeks one day at a time. Both are wrapping up projects, finishing papers, and preparing for the final exams that will allow them to graduate this Saturday, May 16. Neither ha...

Sarah Trent • News •
Tuesday, May 12, 2009 at 11:20 am
Business as usual promised in South Portland after Maine Mall owner seeks bankruptcy protection

SOUTH PORTLAND — Chicago-based General Growth Properties, owner of the Maine Mall, announced early Thursday morning that it has voluntarily filed for bankruptcy protection. Of the more than 200 malls owned by GGP in 44 states, 158 have been included in the Chapter 11 filing, whic...

Randy Billings • News •
Thursday, April 16, 2009
Owner: Ricetta's strong despite bankruptcy filing

SOUTH PORTLAND — The owner of Ricetta's Brick Oven Pizzeria said he expects the South Portland and Falmouth restaurants to emerge intact after seeking bankruptcy protection. The company filed for Chapter 11 bankruptcy protection in February because it was unable to sufficiently re...

News •
Thursday, April 9, 2009
Economic crisis finds S.P. Housing Authority on cusp of change

City may partner for use of $800K in stimulus funds

News •
Friday, March 13, 2009 at 11:30 am
pnms-bouncingchecks-020409 Govts. face costs, and fear, as more checks bounce

Bad checks are on the rise, and consumers aren't the only ones paying for it. At a time when municipal revenues are falling and costs rising, some city and town halls are also feeling the crunch of their resident's non-sufficient funds.

Sarah Trent • News •
Wednesday, February 4, 2009 at 2:23 pm
pnms-beem-012109 The economic crisis is all in our heads

According to the Social Security Administration, in 1980 I had a taxable income of $24. That paltry sum must have been interest income as I was employed at the Portland Public Library at the time and, therefore, was on the state retirement system and not paying into Social Security. In 1981, ho...

• Opinion •
Wednesday, January 21, 2009 at 9:48 am
Foreclosures: Coming to a neighborhood near you Tenant displacement, unkempt properties on the rise

Tenant displacement, unkempt properties on the rise

Peggy Roberts • News •
Wednesday, December 17, 2008 at 12:22 pm
Old Port shops feel recession's impact

PORTLAND — As the holidays draw near, Old Port merchants are offering deep discounts in an attempt to draw reluctant shoppers to the city's boutique district. But at some stores, the sales are final. This holiday shopping season marks the end of business for them and several othe...

Kate Bucklin • News •
Wednesday, December 17, 2008 at 11:17 am