Posted inBusiness

Briefcase

Dow surges on jobs report to end four-day losing streak A surge in hiring last month got a big welcome Friday on Wall Street. The Dow Jones industrial average surged 217.29 points to close at 13,096.17, ending a four-day losing streak. It was the best day for the Dow since June 29. Markets had been […]

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Posted inBusiness

AT&T shutting down its 2G network by 2016

NEW YORK – AT&T Inc. said Friday that the shutdown of its second-generation, or “2G,” wireless network will be complete by the end of 2016, a process that will force customers with older phones to upgrade to “3G” or “4G” handsets. In a regulatory filing, the Dallas-based company said 12 percent of its customers on […]

Posted inBusiness

Three firms named to build space station rockets

WASHINGTON – NASA picked three aerospace companies Friday to build small rocketships to take astronauts to the International Space Station. This is the third phase of NASA’s efforts to get private space companies to take over the job of the now-retired space shuttle. The companies will share more than $1.1 billion. Once the spaceships are […]

Posted inLife & Culture

Map shows how diverse Portland’s always been

Colin Woodard, who has recently joined The Portland Press Herald’s reporting staff, is the author of “American Nations.” This popular book redraws the American map as 11 rival territories, or nations, each with its unique history and culture. We asked Woodard if he might similarly redraw the map of Portland, and indicate its various regional […]