President Donald Trump imposed the fee on foreign workers hired to fill professional positions, claiming the program was being abused. Business and immigrant advocates say that’s not true and that the fees will hurt small businesses.
idexx
Pet owners sue Idexx over ‘anticompetitive scheme’ to sell diagnostic tests
The class-action lawsuit accuses the Westbrook maker of animal-health products of locking veterinarians into predatory contracts that inflate prices that are passed on to their clients.
Clock is ticking for future of Maine’s largest public company
Covetrus could be sold and taken private if shareholders approve a $4 billion deal on Oct. 11.
Idexx closing subsidiary, ending business in Russia
The $3.2 billion veterinary medicine powerhouse kept operations going in Russia for four months after the invasion of Ukraine.
Idexx says it has ‘significantly scaled back’ operations in Russia
But the company fails to provide specifics beyond saying it continues to support Russian ’employees and veterinary customers that already use Idexx products.’
Maine’s Idexx Labs keeping Moscow office open despite Ukraine invasion
The $3.2 billion Westbrook based-company has veterinary office customers and a water testing distributor in Russia and isn’t answering questions about its business in the country.
Wex continues business ties with Russian oil giant Lukoil, target of boycotts in mid-Atlantic states
Sanctions experts are divided on whether the South Portland-based firm’s actions undermine the effort to punish Vladimir Putin.
Wex and Idexx won’t say whether they’ll suspend doing business in Russia
The Maine-based companies will say only that they will abide by the sanctions imposed by the U.S. and Europe because of the invasion of Ukraine.
Idexx revenue jumps 12% to $2.71 billion in 2020
The Westbrook-based veterinary diagnostic testing firm also reported a net income boost of 31% over 2019.
Roux Institute forges on ‘because of’ COVID-19 pandemic
The institute, which got off the ground virtually, says it is well positioned to assist with post-pandemic economic recovery.