Icahn Enterprises and its namesake founder have agreed to pay $1.5 million and $500,000 in civil penalties, respectively, the SEC said.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Too many people, not enough management: A look at ‘overtourism’ chaos this summer
This is a story of what it means to be visited in 2024, the first year in which global tourism is expected to set records after the pandemic.
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Posted inBusiness, Portland Sea Dogs, Sports
Sea Dogs well suited for Minor League Baseball’s alternate-jersey trend
Since 2019, when the team unveiled its Maine Whoopie Pies uniform and logo, the Sea Dogs have also played as the Red Snappers, Bean Suppahs, and Clambakes.
Posted inBusiness
Waterville’s Dirigo Labs announces incubator program for startups
Starting in September, the comprehensive eight-week program offers a robust foundation for early ventures.
Posted inBusiness
Gardiner resident’s photo selected for photo calendar contest
Calendars will be available to customers in all offices of First National Bank by mid-November.
Posted inBusiness, Local & State, News
Wicked good: How ‘sin taxes’ are contributing to Maine’s healthy budget outlook
Revenue from levies on alcohol, tobacco, marijuana and gambling have risen sharply in the last five years, and now account for $353 million a year – 7% of the state’s $5.1 billion annual budget.
Posted inBusiness, Local & State, News
Portland City Council to consider $20 minimum wage ballot proposal
Councilors will decide Monday whether to put 3 wage-related referendum questions on the Nov. 5 ballot, including a proposal that critics say would essentially eliminate tipping.
Posted inBusiness, Local & State, News
MaineHealth to change name of emergency medical ambulance services in Farmington, Norway
Hospital names rebranded to MaineHealth Franklin Hospital and MaineHealth Stephens Hospital.
Posted inBusiness, Election 2024, Nation & World, Politics
Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income
The financial disclosures do not detail the former president’s business losses, making it impossible to determine how much of a profit any of his myriad holdings provides.
Posted inBusiness, Nation & World, Schools and Education
Biden administration hikes pay for Head Start teachers to address workforce shortage
The administration’s new rules, published Friday, will require large operators to put their employees on a path to earn what their counterparts in local school districts make by 2031.