An engineer by training, Shoichiro Toyoda focused on making Toyota’s assembly line one of the most efficient and nimble in the world.
Business
Business news and information from the Portland Press Herald.
Former Central Maine Healthcare worker sues for wrongful firing
Motaz El Kelani claims he was fired from working at Central Maine Internal Medicine in Lewiston because of traits protected under the Maine Human Rights Act.
Salmon farm could be headed for landlocked Millinocket
A business group has signed a lease for 45 acres at the site of a former paper mill, hoping to construct a high-tech fish farm that relies on recirculated water.
Cautious but steady consumers buoying hopes for U.S. economy
Nearly three years after the pandemic caused a brief but brutal recession and then a powerful rebound, the economy appears to have entered a phase in which growth might not be so forceful as to fuel high inflation.
Tesla recalls more than 362,000 cars because of self-driving crash risk
The automaker’s so-called Full Self-Driving Beta system ‘may allow the vehicle to act unsafe around intersections,’ including traveling straight through from a turn lane and proceeding through steady-yellow traffic lights, according to a filing.
Where U.S. house prices may be most overvalued as climate change worsens
The nation’s real estate market has yet to fully account for the increasing threats to millions of homes from rising seas, stronger storms and torrential downpours, according to new research published Thursday.
Group says Tesla workers were fired after union push at NY plant
Several employees at a Tesla factory in Buffalo, New York, have been fired after launching union organizing efforts two days ago, according to Tesla Workers United.
IRS nominee Werfel faces questioning on ‘thankless’ job
Danny Werfel pledged before senators Wednesday not to expand tax audits on businesses and households making less than $400,000 per year.
Retail sales jump as Americans defy inflation and rate hikes
Consumers boosted their spending at stores and restaurants last month at the fastest pace in almost two years.
FAA head defends safety of U.S. air travel after close calls
Lawmakers quiz Billy Nolen about recent flight scares in New York, Texas and Hawaii.