The new space will allow for 30 new businesses to join its 60 existing members this summer, with more to come.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
‘No good options’ if Congress fails to act on debt, treasury secretary says
Republican lawmakers, led by House Speaker Kevin McCarthy of California, are demanding spending cuts in return for raising the borrowing limit.
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Posted inBusiness, Maine, New England, News
Hope vs. rope: Can technology save the whales, and Maine’s lobster industry, too?
The fishery has less than 6 years to come up with a new way of harvesting its catch – or risk regulations that could put lobstermen out of business.
Posted inArts & Entertainment, Business, Nation & World, News
Could AI help script a sitcom? Some striking writers fear so.
Strikers are troubled by the reluctance of studios to discuss placing restrictions on the use of AI, which might be incorporated in subtler ways when it comes time to script the next Hollywood hit.
Posted inBusiness, Nation & World, News
Cinco de Mayo celebrates Mexican culture, not independence
The focus on drinking and eating brings criticism, as beer manufacturers and other marketers capitalize on the day’s festive nature.
Posted inBusiness, Nation & World, News, Uncategorized
FDA weighing 1st over-the-counter birth control pill
Advisers will meet next week to review drugmaker Perrigo’s application.
Posted inBusiness, Nation & World, News
Wall Street sinks on worries about banks
Helping to support stocks is a largely better-than-feared earnings reporting season.
Posted inArts & Entertainment, Business, Nation & World
Could AI pen ‘Casablanca’? Screenwriters take aim at ChatGPT
Though the Writers Guild of America is striking for better pay in an industry where streaming has upended many of the old rules, AI looms as rising anxiety.
Posted inBusiness, Nation & World, News
TurboTax customers to receive checks in $141 million settlement
TurboTax’s owner Intuit Inc. was ordered to pay $141 million to low-income consumers who were deceived into paying TurboTax to file their federal returns, despite being eligible for free, federally supported tax services.
Posted inBusiness
U.S. adds a strong 253,000 jobs despite Fed’s rate hikes
The unemployment rate ticked down to 3.4%, matching a 54-year low.