Details of the legislation were released Tuesday and a public hearing is slated for May 25.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, Nation & World, News
Indigenous tourism gains traction in the U.S. but faces head winds
In Maine the nascent Wabanaki Cultural Tourism Initiative has so far succeeded in garnering the support of both state and tribal leaders.
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Posted inBusiness
IRS tests free e-filing system that could compete with tax-prep giants
The initiative is funded by the Inflation Reduction Act, which allotted $15 million for the agency to look into creating a direct-filing program.
Posted inBusiness
Nominations sought for Maine Family Business Awards
Awards celebrate the best family-owned businesses in Maine.
Posted inBusiness
Androscoggin Bank appoints 5 new corporators
LEWISTON — Androscoggin Bank announces five new corporators were appointed at its 2023 annual meeting. They are Ray DeBlois, Adilah Muhammad, Sharon Reishus, Josh Soley and John Wipfler. As active leaders in their communities and areas of expertise, they bring valuable perspectives to the bank’s economic and community initiatives. “We are excited to welcome such […]
Posted inBusiness, Maine, News
Haddock is overfished off New England, regulators say, as they cut quotas
However, numerous fishermen say the assessment of a decline in the stock doesn’t match what they’re seeing on the water, where haddock appear to them to be plentiful.
Posted inBusiness, Nation & World
Why it’s hard to hire a handyman or contractor – and what to do about it
Labor shortages and the increasing cost of doing business have made it harder to find skilled tradespeople to tackle home to-do lists.
Posted inBusiness, News
Executives blame panicked depositors for bank failures, but senators blame them
A number of senators faulted the heads for failing to guard against the impact of rising interest rates.
Posted inBusiness, Nation & World, News
McCarthy says debt ceiling deal possible this week as Biden cuts short upcoming foreign trip
The president and House Speaker Kevin McCarthy are trying to strike a budget deal before the U.S. Treasury runs out of cash to keep paying the nation’s bills, which could occur as soon as June 1.
Posted inBusiness, Maine, News
Portland moves up in top 10 ‘Best Places to Live’
U.S. News & World Report said the city’s national ranking reflects its charm, ‘do it yourself spirit,’ access to recreation and a variety of living settings.