A jury will decide whether the network aired false claims about the 2020 election with actual malice.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness
Richard Branson’s Virgin Orbit slashing 85% of its workforce
The satellite launch company is finding funding difficult after a failed mission.
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Posted inBusiness
Key inflation gauge rises by less than forecast
Consumer spending stabilizes, suggesting the Fed may be close to ending interest rate hikes.
Posted inBusiness, Nation & World, News
Twitter’s blue check mark was loved and loathed. Now it’s pay for play.
Twitter verification is ending for people awarded blue checks under an old system, the company says, the latest shift under CEO Elon Musk.
Posted inBusiness, Maine
With fewer sports bars in downtown Portland, Red Sox fans improvise on Opening Day
Some lament the loss of once-popular venues, but others find that any establishment with a few TVs fills the bill.
Posted inBusiness, Nation & World, News, Politics
Who’s who in the Manhattan DA’s Donald Trump investigation
Here’s a look at key figures in the case.
Posted inBusiness
Stocks head toward winning March as fear falls
Forceful actions by regulators worldwide help build confidence that the trouble for banks won’t torpedo the economy.
Posted inBusiness, News, Real Estate
Hundreds of Mainers have gone into real estate as the hot market begins to cool. Now what?
The number of real estate agents has been growing by double-digit percentages. But the trend may be reversing, even as younger agents join the field.
Posted inBusiness, Maine, News
Press Herald owner exploring options to sell media holdings or take on a partner
In a memo to employees, Reade Brower said he’s begun thinking about what is next for his newspapers, which include 5 dailies in Maine and more than 2 dozen weeklies across the state.
Posted inBusiness
Prices of used cars surging as supply fails to keep up
Meanwhile, the average new vehicle in the U.S. sells for nearly $48,000.