The sheer power and size of Swift’s fandom has spurred conversations about economic inequality, merely symbolized by Ticketmaster.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Food, Maine
Thanksgiving gatherings grow after 2 years of pandemic restrictions
Local markets and caterers say preorders for turkeys and prepared meals seem geared toward larger groups, as families plan to reunite in bigger numbers.
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Posted inBusiness, Maine, News, Schools and Education
UMaine unveils house made with giant 3D printer
The 600-square-foot house, named BioHome3D, is seen as an environmentally friendly solution to the affordable housing crisis.
Posted inBusiness, Maine, News
Maine’s unemployment rate increased to 3.6% in October even as the number of jobs set a record
A labor department official says the figures speak to a tight labor market in which employers are trying to increase their staffing levels.
Posted inBusiness, Maine, News
Whole Foods to stop selling Maine lobster following fishery’s loss of 2 sustainability labels
The upscale supermarket chain says that it won’t offer Gulf of Maine lobster until it again has an eco-friendly certification or is removed from the Seafood Watch ‘red list.’
Posted inBusiness, Nation & World, News
Stocks end lower on Wall Street as tech weighs down Nasdaq
The market pullback adds to stock indexes’ losses from last week and followed news overnight from China, which announced its first new death from COVID-19 in nearly half a year.
Posted inBusiness, Maine, News
Wood-pellet mill, rail connection planned for Millinocket
The new plant and rail improvements could allow Maine to produce and ship industrial-grade wood pellets to Europe, where they are a critical energy source.
Posted inBusiness, News
In Disney shake-up, Bob Iger returns as CEO and starts making changes
Bob Chapek, who became Disney’s chief executive in February 2020, is out after a two-year run. Investors cheered the news.
Posted inBusiness, Nation & World, News
Elon Musk’s Twitter reinstates Rep. Marjorie Taylor Greene
One account Musk has said he won’t allow back on Twitter is that of conspiracy theorist Alex Jones, who was banned in 2018 for abusive behavior.
Posted inBusiness, News
Carrabassett Valley board allows smaller parking spaces for Sugarloaf West Mountain expansion
The parking spots size will need to be a minimum of 9-foot by 18-foot rather than the town required 10-foot and 20-foot size.