The U.S. will release data on weekly unemployment claims Thursday and a report on wholesale prices Friday.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness
New York Times braces for 24-hour newsroom strike
Workers are fed up with bargaining that has dragged on since their last contract expired in March 2021.
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Posted inBusiness, Nation & World
Apple says most iCloud data can now be fully encrypted
Apple announced a few other advanced security features on Wednesday, including one geared toward journalists, human rights activists and government officials who ‘face extraordinary digital threats.’
Posted inBusiness, Maine, Nation & World, News
Maine startup hopes trawler cams help save world’s dwindling fish stocks
To sustainably manage what’s left, scientists need reliable data on the activities of the tens of thousands of fishing vessels, but independent observers are scarce. Can technology do the job?
Posted inBusiness, Food
The Wrap: LB Kitchen’s move nears, Purple House opens for a pop-up
Plus, Izakaya Minato wins plaudits for an oyster dish.
Posted inBusiness, Nation & World
Maryland becomes latest to ban TikTok in state agencies
The U.S. armed forces also prohibits the app on military devices.
Posted inBusiness
Stocks fall again on Wall Street, extending recent losses
The dip comes a day after stronger-than-expected readings on the economy raised worries that the Fed has a ways to go in getting inflation under control.
Posted inBusiness, Nation & World, News
Congress drops media bargaining bill amid Facebook, industry blowback
The Journalism Competition and Preservation Act would have allowed publishers a temporary exemption from antitrust laws to negotiate jointly for the use of their content by the large tech companies.
Posted inBusiness, Food, News
Maine Republicans want to strip tax benefits from businesses that boycott lobster
The lawmakers’ bill would penalize companies such as Whole Foods that refuse to buy Maine products because they don’t carry a stamp of approval from a third party.
Posted inBusiness, Nation & World, News
Facebook parent Meta threatens to remove news from platform
Congress is considering legislation that could require social media companies to pay news outlets for their material.