Portland Press Herald Business

'If the U.S. insists on further escalating its economic and trade restrictions, China has the firm will and abundant means to take necessary countermeasures and fight to the end.'

The bill would have required the state to extend the easement already in place on the island, which has been targeted for development of a wind port.

The benchmark S&P 500 index fell 1.6% after wiping out an early gain of 4.1%, which had it on track for its best day in years; it's now about 19% below its record high, set in just a few months ago.

The Public Utilities Commission says that Versant has regularly increased rates without improving service and questioned whether its Canadian parent company is providing sufficient oversight.

Last week was the stock market's worst since the start of the COVID-19 pandemic in 2020, and stocks continued to bounce around wildly Monday.

Oxford County Chrysler Dodge Jeep RAM abruptly closed its doors last Friday after the business was seized by Rockland Trust Company.

As of 9:35 a.m., the S&P was down 3.8%, the Dow was down 3.5% and the Nasdaq was down 4.2%.

Those who have supported the Madison manufacturer said the bankruptcy was unfortunate, but not unexpected, and are cautiously optimistic that the restructuring will allow the company to succeed.

The Trump administration is ending a program that helped districts and producers bring local food to Maine students.

Demand for micro weddings is growing, especially among the budget-conscious.

Hustling since the pandemic, Maine wedding industry veterans now fear the state has reached a saturation point.

Maine's top tourism official told lawmakers her office is aggressively working to bring in more U.S. tourists to make up for the loss of international travelers, but so are officials in other states.

The Roman Catholic Diocese of Portland has leased land to solar developers to build what are believed to be the first arrays on church property in the state.

LD 1020 would repeal laws directing the Maine Turnpike Authority to build the proposed highway spur west of Portland and order the agency to sell any land purchased for the project to the previous owners.

A bill would increase the real estate transfer tax on some of the state's most expensive properties in order to fund affordable housing initiatives. But it would also give some tax relief to first-time home buyers.

Sødt is launching in the former Sticky Sweet space on Cumberland Avenue.

What to know about the changes that begin Thursday.

Maine lawmakers are weighing several bills designed to protect mobile homeowners, including one that would give residents the right of first refusal if their park comes up for sale.

President Donald Trump's 25% tariff on imported vehicles and parts goes into effect Thursday. Dealers, mechanics and consumers could all take a hit.

Because President Donald Trump has hyped his tariffs without providing specifics, he has provided a deeper sense of uncertainty for the world, a sign that the economic slowdown could possibly extend beyond U.S. borders.