Some Christmas tree growers fretted over external factors only to rediscover that holiday greenery is largely inflation-proof.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, News
Worker shortages put Maine plowing operations between a rock and a snowbank
Businesses are having trouble hiring enough drivers to clear lots and driveways, and the Department of Transportation also is understaffed heading into winter.
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Posted inBusiness, Nation & World, News
Not just for kids: Toymakers aim more products at grown-ups
Long before the pandemic, many adults turned to toys from Legos to collectible items to tap into their inner childhood for comfort.
Posted inBusiness, Maine
Developer plans to add 800 housing units in Bayside
Port Property Management says that while planning is in the early stages, the vision for the project includes retaining existing commercial tenants while gradually adding multifamily housing.
Posted inBusiness, Nation & World
FTX founder agrees to extradition to U.S., attorney says
Sam Bankman-Fried, the disgraced FTX founder has agreed to be extradited to the United States.
Posted inBusiness, Maine Cannabis Report
In South America, investors bet on big pharma buying cannabis
Increasing legalization of marijuana is expected to spur pharmaceutical companies to develop medicines from the plant.
Posted inBusiness, Maine Cannabis Report, New England
Massachusetts adding cannabis to driver’s education program
It’s the first state to adopt the curriculum designed by AAA Northeast.
Posted inBusiness, Nation & World, News
In Twitter poll, users tell Musk to step down as CEO
More than half of 17.5 million users who responded to a Twitter poll created by Musk over whether he should step down as head of the company had voted yes by the time the poll closed Monday morning.
Posted inBusiness, Maine, News
Maine bankruptcy filings now on track to hit lowest level in decades
A predicted surge during the pandemic has not materialized, but some experts also warn bankruptcies could be on their way up again.
Posted inBusiness, Maine
Postal carriers hold rally over delivery delays
Workers demonstrate in front of the Forest Avenue post office in Portland, saying they’re being told to prioritize delivering packages, causing long delays for regular mail.