“We will always have handsewn, but in a different price segmentation.”
Business
Business news and information from the Portland Press Herald.
Directors may have made a deal with Hollywood while writers strike
The Directors Guild of America (DGA) said its ‘historic’ three-year contract with studios and streaming services recognizes that AI cannot replace members’ work.
Disney welcomes Gay Days in Florida as the feud with DeSantis rages on
The massive Pride Month gathering marked a show of defiance this weekend in a state where librarians have been pulling gay-themed books off the shelves, teachers are no longer allowed to discuss gender identity or sexual orientation and many LGBTQ families feel under attack.
Despite high pay at Maine summer jobs, some workers look for other rewards
Seasonal hiring is ramping up in the state, and summer wages are high. But young workers don’t always take the top-dollar jobs.
Airlines scour globe for capacity as plane shortage takes toll
The used-jet scavenger hunt is the result of an out-of-kilter industry, where demand far outstrips supply of airliners.
Wall Street leaps, nearly escapes bear market
Traders are largely expecting the Fed to hold interest rates steady at its next meeting in 2 weeks.
YouTube will allow false claims about presidential elections
The immediate change is a reversal for the Google-owned video service.
Bug in Chase Bank online banking causing double transactions, fees now resolved
Numerous Chase customers had posted on social media that their rent or bill payments were taken out of their accounts twice.
Fed’s inflation fight faces new challenge: Dry Panama Canal
Gatun Lake, which feeds the locks, is suffering from a severe drought, resulting in weight limits and rising surcharges for vessels.
Ford urges owners of 140,000 SUVs to park outside because they can catch fire with engines off
The company is recalling certain Lincolns from the 2015 to 2019 model years.