WABI speaks with Agrrawal about how businesses can prepare for new coronavirus

UMaine Alert

Posted: April 19, 2024 - 1:32 PM

At approximately 9:24 a.m. on Friday, April 19, a University of Maine graduate student was struck by a university vehicle on Long Road at the University of Maine campus in Orono. The student reports that they are at a local hospital with minor injuries.

Emergency services, including the Orono Fire Department, University Volunteer Ambulance Corps, University of Maine Police Department, Orono Police Department and Penobscot County Sheriff’s Office responded to the scene.

The university vehicle involved in the incident was a Chevrolet Express van. It was being operated by a university employee.

Counseling services and support are available for students, faculty or staff who may have been affected. The Counseling Center can be reached at 207-581-1392 and the Dean of Students Office can be reached at 207-581-1406.

The scene has been cleared and Long Road is now accessible. An investigation is being conducted by the University of Maine Police Department with assistance from the Penobscot County Sheriff’s Office Crash Reconstruction Unit. Any witnesses to the incident are encouraged to contact Lt. Noel Santiago at noel.santiago@maine.edu.

March 5, 2020 UMaine in the News

WABI (Channel 5) spoke with Pankaj Agrrawal, a professor of finance at the University of Maine, for the report “Should your business be preparing for the coronavirus?” On Tuesday, the Federal Reserve cut its interest rate by a half percentage point in an effort to slow the stock market slide that has resulted from the spread of the new coronavirus, COVID-19. Experts recommend looking at investments and overall finances, but not making any panicked decisions, the report states. The purpose of lowering rates “is to provide credit to small- and medium-sized businesses at a more affordable rate. So they should take advantage of that, and they can expand their operations,” said Agrrawal. “They say the ability to adapt is the highest form of intelligence.”