The tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users, a move the president called ‘a direct and blatant attack on our country.’
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Local & State, News
Hannaford’s parent company says employees’ and customers’ information compromised in cyber breach
Information compromised in November varies per person but includes Social Security and banking numbers, home addresses, phone numbers and health data, Ahold Delhaize said.
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Posted inBusiness, Cops & Courts, Local & State, News
Maine contractor accused of ‘significant’ home repair fraud
Timothy Galvez faces felony charges and a civil lawsuit for a years-long scheme officials say involved unfinished jobs, stolen money and shady business practices.
Posted inBusiness, Local & State
2 pick-your-own berry farms close in southern Maine
Libby & Sons in Limerick closed due to financial challenges despite skyrocketing demand. Jordan’s Farm in Cape Elizabeth has chosen to prioritize its farm stand.
Posted inBusiness, Local & State, News, Politics
Portland Jetport incentives for airline with ICE contract prompt concern from city officials, residents
Though Avelo Airlines says it has not carried out any deportations from Maine, some city leaders are also concerned that they would be unable to track or prevent such flights.
Posted inBusiness, Food
Cousins Maine Lobster has surpassed $1 billion in systemwide sales
The company, started by 2 Maine cousins, started with a single food truck.
Posted inBusiness, Local & State, News
Amazon to open its first Maine warehouse in Caribou
The Seattle-based online megaretailer had previously scouted locations for a potential site in Scarborough, but no such facility ever opened.
Posted inBusiness, Do This, Guides, Life & Culture, Local & State
7 Maine ski resorts that offer summer fun
With the snow gone, Maine’s ski resorts transition to summer fun with hiking, biking, live music and more.
Posted inBusiness, Local & State, News
Sweltering heat strains New England power grid, nearly breaks record for usage
Reserve energy resources were activated Tuesday evening to account for the near-record power demand. Some experts say solar power played a key role in keeping the lights on.
Posted inBusiness, Local & State, News
New housing report paints dour picture for Portland’s poorest renters
A new report from Harvard University shows that for the first time, more than half of Portland renters are considered cost-burdened, meaning they spend more than 30% of their income on housing.