The broader market is coming off its best week in two months.
Business
Business news and information from the Portland Press Herald.
EU outlines plan for clean tech future boosted by subsidies
The European Commission president says the bloc will become much more forceful in countering unfair trading practices, if they come from Washington, or more importantly, Beijing.
At Davos, Ukraine’s first lady urges support for her nation
President Volodymyr Zelensky, will be beamed in by video Wednesday to complement the in-person delegation of his wife and officials.
Maine’s agriculture harvest grew in size last year, while national production fell
New USDA data also show that 2022 was another strong year for Maine potato production, with 1.81 billion pounds harvested.
TSA confiscated more than 6,500 guns from passengers last year
The number of firearms found at New England airports rose from 40 in 2021 to 46 last year.
How ominous is the U.S. debt limit problem?
So far, House Speaker Kevin McCarthy and President Biden are playing what could be a dangerous game of chicken with the world’s largest economy in the middle.
Vehicle right-to-repair question in Maine may be decided at the polls
The Maine Right to Repair Coalition said it has collected enough signatures for a referendum that might open certain types of vehicle diagnostic data to independent auto service shops.
What the Jan. 6 probe found out about social media, but didn’t report
The House committee investigating the riot avoided detailed discussion in its report for fear of offending Republicans and tech companies, sources say.
Obesity treatments catch drugmakers’ eyes as sales seen soaring
With nearly three in four U.S. adults considered overweight or obese, Wall Street has big expectations for the drug class.
Economic woes, war, climate change on tap for Davos meeting
But it’s never clear how much concrete action emerges from the elite World Economic Forum.