While the bill’s sponsor, Rep. Grayson Lookner, D-Portland, sees the vessels as symbols of economic and environmental inequality, opponents say the ships would dock elsewhere, hurting the Maine businesses that supply and repair them.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Food, Maine, News
Alcohol to go is here to stay
The once-temporary measure to help restaurants and bars during the pandemic became law on Monday, and now includes beer and wine by the glass as well as cocktails.
advertisement
Posted inBusiness, Nation & World
Coronation gives tourism boost, but U.K. economy still reeling
Tour companies, shops and restaurants are rolling out the red carpet for visitors looking to go all out to mark the momentous occasion.
Posted inBusiness
First Republic Bank stock plunges as depositors flee
The bank likely will have lower profits for years and anyone who buys it will see an immediate loss.
Posted inBusiness
U.S. consumer confidence falls for 3rd time in 4 months
Spending has remained strong despite the Federal Reserve raising interest rates nine straight times since March of last year.
Posted inBusiness, Nation & World, News
Planned Senate bill would counteract Mining Law ruling
The bill would amend a 1993 budget reconciliation act but primarily clarifies definitions of activities and rights central to the 1872 Mining Law.
Posted inBusiness, Nation & World, News
Credit Suisse clients pulled $69 billion as bank teetered near collapse
Net profit came in around $14 billion thanks to roughly $16.9 billion in bonds that were written down as part of the merger deal.
Posted inBusiness, Nation & World, News
Amazon delivery firm allows its drivers to unionize with the Teamsters
Last week, 84 workers at Amazon contractor Battle Tested Strategies reached a contract with the Teamsters, which the employer voluntarily recognized.
Posted inBusiness, Nation & World, News
Apple prevails in antitrust battle over the future of the App Store
The appeals court decision could mark a blow to the federal government’s efforts to challenge alleged monopoly behavior in Silicon Valley, amid ongoing litigation with other tech giants.
Posted inBusiness, Maine
Portland will reevaluate decision to have Papi remove antique doors
The move comes after the Press Herald reported that the Puerto Rican restaurant in the Old Port was ordered to remove the doors because they did not meet the standards for alterations in historic districts.