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.
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Posted inBusiness, News
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.
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Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, News
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.
Posted inLocal & State, Uncategorized
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.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State, News
Idexx-made COVID-19 test kits get emergency approval from FDA
They are being produced by the Westbrook animal health company’s subsidiary, Opti Medical Systems of Roswell, Ga.
Posted inBusiness
Idexx reports strong earnings for first quarter, with uncertainty ahead
The Westbrook-based company says it is uncertain about the impact of the coronavirus pandemic.
Posted inBusiness, Local & State, News
Idexx to be second company in Maine producing COVID-19 test kits
The Westbrook-based veterinary diagnostics company also will offer animal COVID-19 testing to veterinarians.