The machine, developed by Ocean’s Balance, is intended to solve the exacting challenges seaweed farmers face when trying to preserve their harvest.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, News
Hackers, data breaches put more Mainers at risk in ‘ongoing chess game’
Experts say cybercrime is on the rise, and it’s getting harder to catch the crooks. In Maine, data breaches are being recorded nearly every day.
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Posted inArts & Entertainment, Business, Nation & World, News
End of a love affair: AM radio is being removed from many cars
Automakers, including BMW, Volkswagen, Mazda and Tesla, are removing AM radios from new electric vehicles because electric engines can interfere with the sound of AM stations.
Posted inBusiness, Maine
He donated land for soccer fields in Standish. Now the town is selling it.
Businessman Walter Butler wants to buy back the 22-acre gift he made for school athletes in 2014. But because he’s now a town councilor, the municipality says it’s not that simple.
Posted inBusiness, Nation & World, News
Inflation in Argentina leaves families struggling to feed themselves
The nation’s rate of 115% is topped only by Lebanon, with a whopping 352%.
Posted inBusiness, Maine
Federal grant will fund modernization efforts at Portland shipyard
Sens. Susan Collins and Angus King and Rep. Chellie Pingree successfully lobbied the Department of Transportation for more than $700,000 to upgrade Portland Ship Yard.
Posted inBusiness
Wall Street slips as households get more nervous
Markets react to worries about a possible recession, high inflation and the government inching toward a catastrophic default on its debt.
Posted inBusiness
China orders recall of 1.1 million Teslas
Drivers might step on the accelerator for too long, increasing the risk of a crash.
Posted inBusiness, Nation & World, News
G-7 talks focus on ways to fortify banks, supply chains
But Beijing lashes back, accusing the club of wealthy nations of hypocrisy.
Posted inBusiness, Nation & World, News
Biden nominates new Fed vice chair, Fed board member
Meanwhile, despite its moves, the central bank is grappling with rising interest rates, inflation and a shaky banking system.