The release of former President Donald Trump’s tax returns show he maintained a bank account in China through 2017, his first year in the White House.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
How the marijuana ‘green rush’ fell apart
A supply glut in several states has depressed prices for legal pot, pushing small businesses into turmoil.
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Posted inBusiness, Maine, News
Portland’s Old Port about to lose a 50-year-old mainstay
The Old Port Tavern will pour its last drinks on New Year’s Eve after a half-century run as one of the city’s go-to places for a beer, steak or billiards.
Posted inBusiness, Nation & World
Warren Buffett jumps into local politics to fight streetcar
He’s lobbying against the $306 million project and urging the city to let residents vote on it.
Posted inBusiness, Maine
Maine lawmakers to consider statewide ban on flavored tobacco products
State Sen. Jill Duson, D-Portland, is expected to submit a bill this week after South Portland, Portland, Brunswick and Bangor approved city bans.
Posted inBusiness, Nation & World
Alfalfa sprouts recalled after salmonella outbreak
SunSprouts says they have expiration dates between Dec. 10 and 27 and carry lot numbers of 4211 or 5211.
Posted inBusiness
Average mortgage rates rise after 6 weeks of declines
Meanwhile, sales of existing homes fall for 10 straight months to the lowest level in over a decade.
Posted inBusiness, Nation & World
Keystone pipeline section returns to service after spill
The system carries heavy crude oil from tar sands in western Canada to the Gulf Coast and to central Illinois.
Posted inBusiness
Stocks rally to higher close as job market remains strong
Still, every major index is headed for a loss in December that will cap a dismal year.
Posted inBusiness, Maine
New owners to take over popular Hallowell coffee shop
Kyle and Michelle Ng, who opened Traverse Coffee Co. on Water Street in 2019, sold the business this week and announced plans to move to Japan to serve as church missionaries.