The app’s encrypted technology and disappearing messages make it tough to catch dealers.
Business
Business news and information from the Portland Press Herald.
Holiday procrastinators are back in force. Blame inflation.
Americans also shouldn’t expect bigger discounts the longer they wait as retailers have mostly maintained the same sales since Black Friday.
Hallowell restaurant cited for 691 child labor law violations, fined $17,275
The violations at The Quarry Tap Room occurred over two years, and primarily involved employees younger than 18 working more hours than permitted by the state, according to officials.
FTX founder’s parents post $250 million bond, agree to house arrest
The bail conditions also require that FTX founder Sam Bankman-Fried not open any new lines of credit, start a business or enter financial transactions larger than $1,000 without the approval of the government or the court.
Huge winter storm upsets U.S. air traffic and threatens commodities
While New York and other East Coast cities won’t have to contend with snow and high winds coupled with a new moon – which can affect tides – raises the risk of coastal flooding from the Chesapeake Bay to the Gulf of Maine.
Applications for jobless claims up slightly last week
Slightly more Americans filed for unemployment benefits last week as the labor market continues to show strength.
Finance Authority of Maine makes new hire, promotions
NEW HIRES The Finance Authority of Maine has hired Bert Audette as chief information officer. He brings more than 25 years of IT management experience to the quasi-independent state agency, which provides financial solutions to help Mainers pursue business and educational opportunities. Prior to joining FAME, Audette was dean of information technology at Eastern Maine […]
Storm adds uncertainty to strong holiday travel demand
Around 190 million people are currently under some type of winter weather advisory.
New York to open 1st legal pot dispensary Dec. 29
In the coming months, the state is expected to issue 139 licenses, as about 900 applicants wait.
Video gamers sue to stop Microsoft’s Activision Blizzard buy
The $68.7 billion acquisition would be the priciest-ever merger of technology companies.