Category Archives: City

Here’s how much Portlanders can spend on the holidays this year, on average

Lee Cannon, one of several hundred people dressed as Santa, elves, reindeer and assorted Christmas characters roaming the streets of Portland's Old Port Saturday night, dances at the Oasis on Wharf Street during an bar-crawl event, Santacon. (BDN photo by Troy R. Bennett)

WalletHub, the somewhat ubiquitous data crunching finance website, has come up with approximate holiday budgets for people in each of hundreds of U.S. cities. Researchers for the site — which has in the past released city-by-city comparisons on a wide range of other topics — developed a formula using each community’s personal debt figures, income-to-expense ratios, savings and […]

The case for tax breaks: How a 20-year-old brewery deal turned $12,000 in annual property tax revenue into $300,000

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Fred Forsley is best known as the co-founder of Shipyard Brewing Co., the largest and most widely recognized player in Maine’s now exploding craft beer industry. Shipyard is now the 15th largest microbrewery in America, producing 80,000-plus barrels of ale every year. But in the early 1990s, it was an ambitious startup beginning to experience […]

Portland area named one of America’s top 10 places for women entrepreneurs

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San Francisco-based personal finance site NerdWallet.com released its list of the best places in America for women entrepreneurs, and eight out of the top 10 were in the Midwest or West Coast. East of Minneapolis, the only places to make the list were Portland-South Portland, Maine, and Bridgeport, Connecticut. The Portland-South Portland metro area was […]