The Trump Organization was accused of being complicit in a scheme by top executives to avoid paying personal income taxes on job perks such as rent-free apartments and luxury cars.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness
Tell us about your housing costs and how they have affected your life
The high cost of housing in Maine is fast becoming a crisis. While we’ve been covering this issue for years, we want to hear from you about how it is affecting your life and potentially include you in a news story. To help readers understand the trade-offs often required to keep a roof over your […]
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Posted inBusiness, Nation & World, News
North Carolina attack described as ‘wakeup call’ to protect power substations
The governor calls for a thorough assessment of the state’s critical infrastructure, and thousands remain without power after a person or persons shot up 2 substations.
Posted inBusiness, Nation & World, News
Outgoing Twitter employees launch legal campaign over severance packages, work visas
Outgoing employees say the company has been inordinately slow to provide information about how the payout process will work, and confusion reigns about the ultimate package the company will give people.
Posted inBusiness, Nation & World, News, Politics
Trump’s PAC paying for lawyers of key Mar-a-Lago witnesses
The witnesses include Kash Patel, who has testified in front of the grand jury and is key to Trump’s defense, along with Walt Nauta, a potentially critical prosecution witness.
Posted inBusiness, Maine, Politics
Negotiations continue over heating and energy aid for Mainers
While details were not released, another round of relief checks and additional rental assistance are being contemplated, along with direct heating and energy assistance.
Posted inBusiness, Maine, News
In Maine and nationwide, Real ID requirement for air travel is delayed – again
The Department of Homeland Security has pushed back the date for requiring federally approved IDs to May 2025.
Posted inBusiness
Stocks slide as strong data suggests Fed has more to do
Investors are also weighing several international developments that could further unsettle a global economy that is already getting burned by stubbornly hot inflation.
Posted inArts & Entertainment, Business, Nation & World, Sports
Nike parts ways with Kyrie Irving after antisemitism controversy
Nike suspended its relationship with Irving last month after he was suspended by the Nets for repeatedly refusing to disavow an antisemitic film that he had shared on his social media.
Posted inArts & Entertainment, Business, Nation & World, News
Dozens sue Ticketmaster over Taylor Swift tickets, saying it ‘messed with the wrong fan base’
The lawsuit alleges that during the ‘Eras’ tour ticket sales process, Ticketmaster violated California’s antitrust and unfair competition laws.