The closure of the Regal Cinema comes at a time when the southern Maine movie theater landscape is still unsettled, following at least five closures during the pandemic.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
Boeing ordered to be arraigned on charge in Max crashes
The ruling by a judge in Texas came after relatives of some of the victims said the government violated their rights by settling with Boeing without first notifying the families.
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Posted inBusiness, Nation & World, News
Noncompete ban holds out promise of better pay without inflation
With U.S. labor markets running hot, the Federal Reserve is warning that pay hikes could prolong the worst bout of inflation in decades.
Posted inBusiness, Nation & World, News
Fewer Americans filed for jobless benefits last week
Earlier this month, the government reported that U.S. employers added a solid 223,000 jobs in December, evidence that the economy remains healthy.
Posted inBusiness, Nation & World, News, Politics
U.S. Treasury buys time for Biden and Republicans on debt limit deal
The Treasury Department says it has started taking ‘extraordinary measures’ as the government has run up against its legal borrowing capacity of $31.381 trillion.
Posted inBusiness, Op-eds, Opinion
From the Business Desk: Maineness and what it really means to be from Maine
It’s time for Maine businesses to wear that distinction like a badge of honor. Before someone else does.
Posted inBusiness, Maine, News, People on the Move
Jayden Walton joins Biddeford law firm of Woodman Edmands
NEW HIRES Attorney Jayden Walton has joined the Biddeford law firm of Woodman Edmands Danylik Austin Smith & Jacques P.A. Walton is handling commercial and residential real estate transactions and estate planning. She is a graduate of the University of Maine School of Law. New England Cancer Specialists has hired Dr. Dan Rausch as a […]
Posted inBusiness, Food
Local restaurants forge new paths in a post-pandemic market
Forced by labor and supply shortages to adapt their business models, some restaurant owners and chefs are making concept changes to stay viable and eventually thrive.
Posted inBusiness
Justice Department charges Russian founder of cryptocurrency firm
His company evaded U.S. regulations and became a haven for proceeds of criminal activity, the DOJ says.
Posted inBusiness
Wall Street has biggest pullback of the year, led by tech
The selling came as new economic data showed that even as inflation continues to cool, the economy is slowing.