A company executive told selectmen Tuesday that the footwear company now employs 250 people in Skowhegan and the expansion would add another 200 positions.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Food
The Wrap: Year-end restaurant openings include Bar Futo, A & C Soda Shop and Full Turn
Also, Chicago’s Big Kids to pop up at Crispy Gai, Ruth Reichl smiles on Maine’s tea towels, and options for holiday dinners on the town.
advertisement
Posted inBusiness, News
Pet owners sue Idexx over ‘anticompetitive scheme’ to sell diagnostic tests
The class-action lawsuit accuses the Westbrook maker of animal-health products of locking veterinarians into predatory contracts that inflate prices that are passed on to their clients.
Posted inBusiness, Nation & World
Company starting to recover oil from Kansas pipeline spill
It was the largest spill on the Keystone system since it began operating in 2010 and bigger than 22 previous spills on the system combined.
Posted inBusiness, Nation & World
New penalties for companies that illegally fire workers who unionize
In a big win for labor unions, the National Labor Relations Board ruled to expand fees to include covering expenses such as late fees and lost housing for employees illegally fired, demoted, or retaliated against.
Posted inBusiness, Nation & World, News
Fusion breakthrough is milestone for climate, clean energy
Proponents hope it could one day produce nearly limitless, carbon-free energy, displacing fossil fuels.
Posted inBusiness, Nation & World, News
A slowdown in U.S. inflation eases some pressure on households
Gas and electricity prices have fallen, but grocery costs continue to be a sore spot.
Posted inBusiness, Nation & World, News
FTX founder charged by U.S. for ‘scheme’ to defraud
The complaint alleges that Sam Bankman-Fried raised more than $1.8 billion from equity investors since May 2019 by promoting the cryptocurrency exchange company as a safe platform for trading assets.
Posted inBusiness, News
Musk’s Twitter dissolves Trust and Safety Council
Elon Musk’s Twitter has dissolved its Trust and Safety Council, the group that addresses hate speech, child exploitation, suicide, self-harm and other problems on the platform.
Posted inBusiness, Nation & World
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
The former CEO of failed crypto firm FTX Sam Bankman-Fried’s arrest comes just a day before he was due to testify in front of the House Financial Services Committee, along with the company’s current CEO, John Ray III.