The privately owned nonprofit says it receives less than 1% of its annual budget from the federally funded Corporation for Public Broadcasting. PBS and the BBC were given the same label.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News, Politics
Judge admonishes Fox lawyers over evidence gap in libel case
The judge expressed anger and frustration during a pretrial hearing after learning that Fox only recently turned over recordings of Fox Business host Maria Bartiromo talking with 2 lawyers for then-President Donald Trump.
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Posted inBusiness, Nation & World, News
Cheaper gas and food provide some relief from U.S. inflation
Consumer prices were up just 5% in March, down sharply from February’s 6% year-over-year increase and the mildest such rise in nearly 2 years.
Posted inBusiness, Nation & World
Inflation slows but stays high enough for Fed to hike again
Much of the drop resulted from price declines for goods such as gas, used cars and furniture.
Posted inBusiness, Nation & World
Stiff EPA emission limits to boost U.S. electric vehicle sales tenfold in a decade
If finalized next year as expected, the plan would represent the strongest push yet toward a once almost unthinkable shift from gasoline-powered cars and trucks to battery-powered vehicles.
Posted inBusiness, Nation & World
Biden to remake U.S. auto industry with toughest emissions limits ever
New rule updates for cars and trucks could lead to 67% of all passenger car sales to be EVs by 2032, the EPA says, as it pushes new climate proposals
Posted inBusiness, Food
The Wrap: Room for Improvement opening in Old Port
Also, Chocolats Passion moving to a larger space, a new Mediterranean restaurant comes to Damariscotta, new owners of Ted’s Fried Clams announce operational changes, and more.
Posted inBusiness, Nation & World, News
Food storage synonym Tupperware has ‘substantial doubt’ it can survive
The company’s name has defined the product category since its founding in 1946.
Posted inBusiness, Maine, News
Legislators mull bills that could change minimum wages in Maine
The Labor and Housing Committee heard testimony from the public on 2 bills: one that would increase the state’s minimum, and another that would limit a municipality’s ability to set its own rate.
Posted inBusiness, Nation & World
Leon Levine, retail contrarian who founded Family Dollar, dies at 85
He competed with malls and big-box discounters by focusing on lower-income neighborhoods in cities and rural areas.