Up to half a million workers were estimated to go on strike across the UK on Wednesday.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness
Oxford Casino revenues rebound in 2022
After emerging from pandemic closures during 2020, Oxford Casino revenue shares for 2022 show its best performance since opening in 2012.
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Posted inBusiness, Nation & World
Gas stoves are back under scrutiny with new U.S. limits proposed
An Energy Department proposal would set limits on energy consumption for gas stoves, drawing concerns that the regulation could end the use of some products.
Posted inBusiness, Nation & World, News, Politics
Biden administration recommends oil drilling in Alaska
The decision on the Willow project – which some environmentalists have dubbed a ‘carbon bomb’ – is politically perilous for President Biden, who campaigned on pledges to end new drilling on public lands.
Posted inBusiness, Nation & World, News
Federal Reserve lifts rate by quarter-point and signals more hikes ahead
The central bank’s latest move put its benchmark short-term rate in a range of 4.5% to 4.75%, its highest level in about 15 years.
Posted inBusiness, Nation & World, News
U.S. job openings rise in December to 11 million
Economists had expected job openings to drop slightly in December.
Posted inBusiness, Nation & World, News
Biden to Congress: Eliminate ‘junk’ fees for resorts, cable, airlines
Among the president’s targets is the concert venue owner and promoter Live Nation.
Posted inBusiness, Maine, News
Competitive power supply market isn’t working, report says
Allowing consumers to choose their electricity supply companies has failed to lower rates for home customers, according to recommendations given to the Legislature on Wednesday.
Posted inBusiness, Food
The Wrap: Coletti’s in Biddeford makes Yelp’s list of 100 best pizzerias
Also, Kennebunk’s Auntie’s House brings its Whoopie Balls to Portland; Readable Feast New England awards Maine writers; fire damages Apres, and more.
Posted inBusiness, Food, Maine, News
Steeper by the dozen: Avian flu sends egg prices soaring
The disease has driven prices up and supplies down, affecting Maine farms, stores, restaurants and egg lovers in different ways.