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.
WEX
Posted inBusiness, News
Gov. Mills announces 2024 business excellence awards
The awards celebrate Maine businesses that excel in the manufacturing and service professions.
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Posted inBusiness, Local & State
Wex sues HP for copyright infringement over its new software system
The federal lawsuit says that HP’s ‘Workforce Experience Platform’ – or WEX – is a fleet management software tool that has similar features to what Wex provides.
Posted inBusiness, Local & State, News
Portland-based Wex reports strong growth in 2023
CEO Melissa Smith says the company is positioned to ride market cycles in part by investing in technology, including AI.
Posted inBusiness, News
Wex will invest $100 million in the future of electric vehicles
The strategy might seem like a shift for the Maine-based payment processing company, but it’s long been involved in the EV industry.
Posted inBusiness, Local & State
Wex laying off 150 employees worldwide as it prepares for ‘next phase of growth’
The Portland-based payment technology company said 30 of the job cuts are taking place in Maine.
Posted inLocal & State, Uncategorized
Wex severs ties with Russian oil company Lukoil North America
The Portland firm had continued doing business with a subsidiary of Russian-based Lukoil after the invasion of Ukraine, but changed course on Friday.
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
Portland-based Wex mandates vaccinations for all in-office workers
The policy comes a few weeks before a federal rule requiring vaccinations or weekly COVID tests for workers at large companies is to take effect.
Posted inBusiness, Local & State
Wex shelves plans for Scarborough office, citing trend toward remote work
The Portland-based company had planned to expand into a new $50 million building at the site of the former Scarborough Downs.