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Business

FTX founder Sam Bankman-Fried pleads not guilty to fraud

by LARRY NEUMEISTER Associated Press January 3, 2023January 3, 2023

His trial is set for early October.

Business, Maine, News

Bar Harbor businesses sue town over limit on cruise ship visitors

by Edward D. Murphy January 3, 2023January 4, 2023

The ordinance adopted by voters in November puts a 1,000-person cap on the number of passengers who can come ashore daily.

Business, Nation & World, News, Politics

You’re not getting child tax credit checks anymore. Here’s why

by Courtney Subramanian Los Angeles Times January 3, 2023January 4, 2023

The policy’s demise has confounded policy experts, who point to ample evidence that the increased benefit helped close gaps in the existing child tax credit.

Business, Nation & World

Macao eases COVID rules, but tourism, casinos yet to rebound

by KANIS LEUNG Associated Press January 2, 2023

Businesses are hoping the Lunar New Year will bring better luck for the former Portuguese colony and the only place in China where casinos are legal.

Business, Nation & World

Dubai ends hefty alcohol tax to boost business, tourism

by Adveith Nair and Zainab Fattah Bloomberg January 2, 2023

Additionally, liquor licenses, which cost about $70 a year, will now be free.

Business, Nation & World

Protests erupt near German village set to be razed to expand coal mine

by Associated Press January 2, 2023

Environmentalists fear millions more tons of heat-trapping carbon dioxide will be released into the atmosphere.

Business, Nation & World, News

Tesla says it sold a record 1.3 million vehicles last year

by Associated Press January 2, 2023

The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company’s 50% growth target.

Business