A group of Democratic senators want the FTC to launch an investigation into the gun maker’s marketing practices.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, Politics
Time seems ripe for bipartisan action on income tax cuts in Maine
As the state enjoys a record surplus, lawmakers from both parties have submitted proposals that would reduce taxes for lower-income Mainers.
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Posted inBusiness, Maine, New England, News
Storm surge: To get lights back on, Maine pays a premium for crews from away
Weather is creating more disruption to electricity service, and the state’s utilities – and ratepayers – are racking up larger bills for the extra help that’s needed as a result.
Posted inBusiness, Nation & World
Most economists say U.S. debt hasn’t reached crisis – yet
While the House GOP favors a path toward a balanced budget, the president wants to raise the borrowing cap.
Posted inBusiness
Wall Street adds to big January after strong week
American Express jumps 10.5%, while Tesla rises 11%.
Posted inBusiness, Maine
Ban on pesticides with PFAS feeds concern about unintended impacts
Some Maine farmers, including some of its 300 certified organic farmers, worry they soon won’t be able to defend their crops from pests, said Julie Ann Smith of the Maine Farm Bureau.
Posted inBusiness, Lewiston-Auburn
Lewiston, Auburn’s ‘booming’ housing market takes center stage at annual real estate conference
One broker predicted that the growth in the residential market will usher in new office, retail and industrial development.
Posted inBusiness, Maine, News
Maine businesses, schools get smart at artificial intelligence meeting
A study by the Portland-based Roux Institute finds that a handful of Maine industries are using AI as a tool for increased efficiency and a host of other competitive advantages.
Posted inBusiness, Nation & World
House Republicans seek new restrictions on use of U.S. oil stockpile
Rep. Jared Golden of Maine is the sole Democrat to join unanimous Republicans in supporting the bill.
Posted inBusiness, Nation & World, News
U.S. inflation and consumer spending cooled in December
Still, the data isn’t likely to alter expectations that the Fed will raise its key rate by a quarter-point next week.