A whistleblower complaint depicts Twitter as a chaotic and rudderless company beset by infighting, unable to properly protect its 238 million daily users.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, News
New traffic pattern sparks confusion in Deering Center
New lane striping is intended to reduce speeding on Ludlow Street, but the unfamiliar pattern and limited public outreach about the ‘advisory bike lanes’ have befuddled residents and commuters.
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Posted inBusiness, Nation & World
As inflation soars, access to Indigenous foods declines
Healthy eating is key to battling diabetes, which afflicts Native Americans at the highest rate of any ethnic group in the U.S.
Posted inBusiness
Cineworld considers bankruptcy as struggles continue
The British company owns Regal Cinemas in the U.S. and operates in 10 countries, including locations in Maine.
Posted inBusiness
Stocks fall broadly on Wall Street, extending market losses
The S&P 500 has its biggest slide since mid-June.
Posted inBusiness
Judge rules against Ben & Jerry’s in fight over Israel sales
The company says the sales in the territories sought by the Palestinians are ‘inconsistent with our values.’
Posted inBusiness
Musk subpoenas ex-Twitter CEO Dorsey in battle over buyout
The Tesla CEO has also subpoenaed Twitter’s former head of consumer product and former chief of revenue product.
Posted inBusiness, Nation & World, News
Ford to appeal $1.7 billion verdict in Georgia pickup truck crash
The yearslong civil case involves what the plaintiffs’ lawyers called dangerously defective roofs on Ford pickup trucks.
Posted inBusiness, Nation & World, News
Ford slashing 3,000 jobs as it looks to make EV transition
The announcement comes about a month after Ford released healthy second-quarter earnings, beating Wall Street’s expectations.
Posted inBusiness, Maine Cannabis Report
Illegal dispensary or church? Lawsuit claims religious right to use cannabis
The Zide Door Church of Entheogenic Plants in Oakland, Calif. is suing police over a raid.