The $45 million administered by the Maine Technology Institute must follow strict rules about investment.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Food, Maine
Vertical farm is on the rise in Westbrook
The new development, consisting of a parking garage, apartments and a four-story urban hydroponic farm, is under construction downtown.
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Posted inBusiness, Maine
On a roll again: Happy Wheels reopens in new Westbrook rink
Roller skating returns to southern Maine three years after the Portland rink closed.
Posted inBusiness, Nation & World
D.C.’s pioneering ‘Baby Bonds’ plan aims to narrow wealth gap
Each enrolled child will receive up to $25,000 when they reach 18 that can be used to for higher education, to invest in a business or make a mortgage down payment.
Posted inBusiness, Nation & World
Georgia jury awards $1.7 billion in Ford truck crash case
The yearslong civil case involved what the plaintiffs’ lawyers called dangerously defective roofs on Ford pickup trucks.
Posted inBusiness, Nation & World
Alaska’s snow crabs have disappeared. Where they went is a mystery.
Movement alone doesn’t explain it: Crabs are a benthic species, meaning they crawl around on the ocean bottom and are not able to migrate as quickly as many finfish.
Posted inBusiness, Nation & World
German summer of near-free rail travel is almost at an end
Maybe such a subsidy can’t be sustainably financed in the long term – however, it did help to limit inflation.
Posted inBusiness, Maine, News
In moments, tenants at a Portland apartment complex saw their housing stability go up in smoke
Renters displaced by a recent fire on Grant Street find themselves caught between their personal crises and the broader housing crisis.
Posted inBusiness, Health, Maine
Hidden charges, denied claims: Medical bills leave patients confused, frustrated, helpless
‘Facility fees’ – charges assessed simply for having a procedure done in a hospital – are increasingly contributing to surprisingly large bills.
Posted inBusiness
Biden’s imprint on economy emerges, although inflation threatens wins
A series of legislative wins cement White House’s shift in economic policymaking from Democratic and Republican predecessors.