A criminal trial involving tax fraud charges against Donald Trump’s company won’t resume until late next week at the earliest as a key witness continues to recover from COVID-19
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
Wall Street rallies, in fits and starts, after jobs report
Wall Street rallied Friday, but only after yo-yoing several times.
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Posted inBusiness, Nation & World
Pfizer says new booster shot increases omicron-fighting antibodies
Questions persist about the vaccine’s continued effectiveness against a swarm of later-generation versions of omicron.
Posted inBusiness, Nation & World
Bed Bath & Beyond suppliers halt shipments despite new financing
Bed Bath & Beyond used some of the $500 million in new financing it got at the end of August to catch up on overdue payments to suppliers, but many say they are still skeptical that the company can stay in business.
Posted inBusiness, Maine, News
Mother and daughter sue Ogunquit restaurant over 2021 parking lot fight
Police charged both parties with disorderly conduct, but the district attorney’s office decided not to pursue the cases. The women filed a lawsuit Wednesday.
Posted inBusiness, Maine, News
Augusta’s Chipotle may be forced to reopen, but only some staff say they’d return
Employees who suddenly lost their jobs when they tried to make Augusta the first Chipotle location in the country to unionize are split on returning if a judge rules the restaurant must reopen because of alleged labor law violations.
Posted inBusiness, Nation & World, News
Musk-helmed Twitter dubbed ‘cruel,’ ‘toxic’ by staffers as pink slips pile up
Twitter was hailed for its welcoming and relaxed work environment. Elon Musk made it a relic of the past.
Posted inBusiness, Maine, News
Maine places new limits on medical marijuana providers
The Maine Office of Cannabis Policy released guidance that effectively bans medical marijuana caregivers without a storefront from providing pre-rolled marijuana and liquid concentrates. Medical marijuana dispensaries and stores must treat them like tobacco products.
Posted inBusiness, Nation & World
American employers keep hiring briskly even in face of Fed rate hikes
America’s employers kept hiring vigorously in October, adding 261,000 positions, a sign that as Election Day nears, the economy remains a picture of solid job growth and painful inflation.
Posted inBusiness, Nation & World
Layoffs, lawsuits begin at Twitter after Musk takes helm
Employees around the world began getting notifications that they were locked out of their work accounts.