The number of people or businesses filing for bankruptcy in 2020 is at its lowest number in three years, although some bankruptcy attorneys anticipate that the number could skyrocket during the summer months.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness
Spectrum sues Maine over prorated refunds when service ends
The cable TV provider asserts a new state law will cause the company irreparable harm.
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Posted inBusiness, Maine, News
Tips for working from home
• Set up a physical work space first. You can’t work from bed or the couch forever. • Set yourself a daily calendar – you shouldn’t be working all day. Work a similar structure and hours to how you would at the office. • Email will be even more important now that you’re at home. […]
Posted inBusiness, Maine, News
Will coronavirus make the office obsolete?
Many working remotely in Maine are enjoying their time at home, and some employers say staff are more engaged and productive. But it’s much too early to predict the long-term impact on traditional office spaces.
Posted inBusiness, Maine, News
Mass shift to remote work could redefine Maine’s climate goals
If even a fraction of Mainers currently working from home continue to do so, it would greatly reduce greenhouse gas emissions in the state.
Posted inBusiness, Perspective
Why public bathrooms are a stumbling block for reopening
Concern about catching the coronavirus in germ-ridden public bathrooms keeps some people home, and could be a major issue for concerts, sporting events, movies, schools.
Posted inBusiness, Maine, Uncategorized
Plenty of power this summer, but is Maine looking at higher rates down the road?
Energy demand is down because of the pandemic, but utility bills unpaid by tens of thousands of people left jobless by the pandemic could drive electricity prices upward in some places in coming months
Posted inBusiness, Maine, News
State opens public comment on wording of ballot question to stop CMP corridor
The 30-day comment period is strictly for comments regarding whether the chosen wording accurately reflects the referendum’s intent.
Posted inBusiness, Maine, News
Maine’s biggest unemployment jump ever put jobless rate at nearly 11% in April
The state lost more than 98,000 jobs last month as the economic consequences of the coronavirus pandemic hit the state with full force.
Posted inBusiness, Maine
Maine fails to deliver online inspections as restaurants reopen in pandemic
Officials planned to update the state’s inspections database five years ago, but it still hasn’t happened.