Category Archives: Finance

TD Bank quietly drops Portland as headquarters

TD Bank, which traces its roots back to the founding of Portland Savings Bank in 1852, has officially dropped its historic hometown as its corporate headquarters. The bank is now officially based in Cherry Hill, N.J. The company had held Portland and Cherry Hill as dual headquarters since 2008, when Portland-based TD Banknorth merged with Cherry […]

Entrepreneurial showdown: Top Gun trainees pitch their businesses

The entrepreneurial juices will be flowing Wednesday night at the annual Top Gun Showcase Event, being held at the University of Southern Maine in Portland. Roughly 260 people are expected to attend the event, which will feature entrepreneurs from 17 Maine startups who are all recent graduates of the Top Gun program. The entrepreneurs will […]

Port strike avoided

Remember that impending strike of longshoremen that was going to cripple the country’s East Coast ports, including Portland’s, forcing Maine companies like L.L.Bean and Sappi Fine Paper’s Westbrook paper mill to adopt contingency plans for the import and export of their supplies and products? It turns out the International Longshoremen’s Association and the U.S. Maritime Alliance, which […]