The settlement is a historic win for consumers, and the largest multistate settlement in U.S. history dealing with privacy.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, News
Wall Street slips, gives back some of last week’s big gains
Some analysts have called Wall Street’s recent rally overdone.
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Posted inBusiness, Nation & World, News
In Vail, housing shortage threatens America’s ski wonderland
Similar to hundreds of communities around the U.S., the influx of visitors and newcomers has made housing nearly impossible to find for the workers needed to support the region’s tourism.
Posted inBusiness, Nation & World, News
Amazon plans to cut thousands of jobs, report says
Seattle-based Amazon will be letting go workers in its corporate and technology groups, according to the New York Times.
Posted inBusiness
Singletary: Here’s how midterm elections impact your stock portfolio
Politics are personal. So is investing. But the two shouldn’t mix if you’re investing for the long term. Yes, the stock market doesn’t like uncertainty. The day after this week’s midterm elections, with so many races still not settled, the benchmark S&P 500 index shed 2.1%. The Dow Jones industrial average and tech-heavy Nasdaq also […]
Posted inBusiness, Food, Maine, News
Portland suggests keeping food trucks at Eastern Prom lot – but fewer of them
City staff are suggesting that the Cutter Street parking lot continue as a site for food trucks, but that the number of spaces be cut by half.
Posted inBusiness, Nation & World, News
A fake tweet sparked panic at Eli Lilly and may have cost Twitter millions
By Friday morning, Eli Lilly executives had ordered a halt to all Twitter ad campaigns.
Posted inBusiness, Election 2022, Maine Cannabis Report, Politics
After election, cannabis advocates look to next states
Maryland and Missouri became the 20th and 21st states to legalize recreational marijuana use last week.
Posted inBusiness, Maine, News, Schools and Education
UMaine system schools to close $5 million budget gap
Schools are making plans to dig into reserves and remaining federal COVID relief funds, keep vacant teaching positions open, limit travel and other expenses, and boost marketing campaigns.
Posted inBusiness, Nation & World, News
Swipe and buy: Social media is now a destination for holiday shopping
Research shows 60% of Gen Z and 5% of millennials will do at least some holiday shopping on TikTok, Instagram, YouTube and similar apps.