Boyne Resort proposes building condos, townhouses, ski trails and a high-speed lift on 450 acres.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
China sanctions Raytheon, Boeing Defense CEOs over Taiwan arms sale
The U.S. announced a $1.09 billion arms sale to Taiwan last week.
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Posted inBusiness, Maine, Nation & World, News
Biden plans to develop floating platforms to expand offshore wind power
The plan would target sites in the Pacific Ocean off the California and Oregon coasts, as well as in the Atlantic in the Gulf of Maine.
Posted inBusiness, Nation & World, Schools and Education
After cancellation, Democrats look to reduce future student debt
The election-season bill has dim odds of passage in the House and virtually no hope in the Senate.
Posted inBusiness, Nation & World
U.S. Census data shows a nation changed by COVID-19
The number of people working from home tripled, home values grew and the percentage of people who spend more than a third of their income on rent went up.
Posted inBusiness
Treasury Secretary calls for modernized IRS
‘The Inflation Reduction Act finally provides the funding to transform the IRS into a 21st century agency,’ Yellen says.
Posted inBusiness
As ‘buy now, pay later’ plans grow, so do delinquencies
A growing number of American shoppers have jumped at the chance to use “buy now, pay later” loans to pay for new sneakers, electronics, or luxury goods in installments.
Posted inBusiness, Maine, News
USDA to fund push to store carbon in New England forests
The project will include large commercial producers as well as small woodlot owners with a goal of storing more carbon in forests.
Posted inBusiness, Maine, News
Maine Med, nurses reach contract agreement with 15% wage increases over 3 years
The tentative agreement will be voted on next week and is the first contract negotiated by the nurses union since it was formed last year.
Posted inBusiness, Nation & World, News
Fewer Americans filed for jobless benefits again last week
In Maine, the number of initial unemployment claims last week increased slightly over the previous week’s total.