Business - Portland Press Herald

Business

Stock market has best day in 2 weeks

by STAN CHOE and ALEX VEIGA Associated Press January 20, 2023

Another big quarterly surge in Netflix’s subscribers helps set the stage for the rally.

Business, Nation & World

Takeaways from glitzy Davos event: Ukraine, climate, economy

by JAMEY KEATEN and COURTNEY BONNELL Associated Press January 20, 2023

The 53rd edition of the weeklong gathering in the Alps draws notables who hash out deals and voice demands.

Business, Nation & World

In soaked California, few homeowners have flood insurance

by MICHAEL PHILLIS and ADAM BEAM Associated Press January 20, 2023

Only about 2% of properties in the state are covered, with drought dulling people’s sense of the risk.

Business, Nation & World

Department of Justice opens investigation into Abbott over baby formula

by Dan Rosenzweig-Ziff and Jacob Bogage The Washington Post January 20, 2023January 20, 2023

The Department of Justice has opened a criminal investigation into Abbott.

Business, Maine

Home prices increased in 2022, but overall sales fell

by Megan Gray January 20, 2023January 20, 2023

The statewide median sales price for homes sold last month was $330,000, an 8.9% increase over the price in November 2021.

Business, Maine, News, Uncategorized

Gun sales in Maine declined in 2022, but remain historically high

by Hannah LaClaire January 20, 2023January 21, 2023

Firearm sales in the state have fallen 17% since 2020, new data show. But sales are still far above pre-pandemic levels, and 25% higher than a decade ago.

Business, Maine, News

Canadian firm tries a second proposal for mining in northern Maine

by Edward D. Murphy January 20, 2023January 20, 2023

The original rezoning plan submitted three years ago was withdrawn after state regulators said it lacked sufficient information on nearly five dozen subjects.