The state’s progressive tax code relies on wealthy taxpayers whose income is closely tied to the performance of the stock market.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine
FAME to offer second cycle of Thrive Maine loans
Total of $29 million in forgivable small-business loans ranging from $10K to $500K will be available.
advertisement
Posted inBusiness
United pilots picket for higher pay as pressure builds before summer travel season
Delta Air Lines reached a deal with its pilots earlier in 2023, which raised pay rates by 34% over four years.
Posted inBusiness
Subaru donates $50K to United Way of Androscoggin County
AUBURN — Evergreen Subaru and Subaru of America donated a collective $50,000 to United Way following the Subaru Share the Love campaign this past year. “We were so excited to be named the local charity for the Share the Love Program,” said Joleen Bedard, executive director of United Way of Androscoggin County. “United Way of […]
Posted inBusiness, Lewiston-Auburn, News
Lewiston, Auburn city councils to consider changes to airport board
The councils will meet Monday to discuss a proposal to downsize the airport’s board of directors.
Posted inBusiness
McDonald’s found liable for hot Chicken McNugget that burned girl
A jury in Florida says McDonald’s and a franchise holder are at fault after a Happy Meal item fell on a child’s leg and caused second-degree burns.
Posted inBusiness
Elon Musk picks NBC’s Linda Yaccarino as new Twitter CEO
NBCUniversal announced her departure Friday morning. She could start her new role within weeks, according to two people familiar with the matter.
Posted inBusiness, Food, Maine, News, Schools and Education
Culinary crash course aims to feed need for Maine restaurant workers
HospitalityMaine has teamed up with York County Community College to offer the New Cook Bootcamp.
Posted inBusiness
Peloton is recalling more than 2 million exercise bikes in the U.S. Here’s why
The bike’s seat post assembly can break during use, posing fall and injury hazards.
Posted inBusiness
U.S. wholesale price data for April points to easing inflation pressures
Wholesale prices rose modestly last month, a hopeful sign that the Federal Reserve’s interest rate hikes may be cooling the economy.