Business - Portland Press Herald

Business, Nation & World

‘Cyber incident’ hits U.K. postal service, halts overseas mail

by Associated Press January 11, 2023

Services for mail coming into the country are operating with minor delays.

Business

Electric vehicles win truck, utility of the year awards

by Associated Press January 11, 2023

Ford’s F-150 Lightning and Kia’s EV6 take top honors.

Business

Stocks rise as traders make last moves before inflation data

by DAMIAN J. TROISE and STAN CHOE Associated Press January 11, 2023

Economists expect Thursday’s report to show inflation is continuing to cool from its summertime peak.

Business

Rumford Marden’s shuts doors for good because of safety reasons

by Mark LaFlamme January 11, 2023January 12, 2023

Store officials announced Wednesday night that the store is closing due to unspecified safety reasons at the Route 2 facility.

Business, Nation & World

U.S. official warns of risks posed by heavy electric vehicles in crashes

by TOM KRISHER Associated Press January 11, 2023January 11, 2023

To achieve 300 or more miles of range per charge from an EV, batteries have to weigh thousands of pounds.

Business, Maine, Times Record

Topsham construction company’s relocation proposal again draws heat from locals

by John Terhune January 11, 2023January 12, 2023

After pulling similar proposals from Planning Board consideration multiple times in the past five years, Crooker Construction has brought a zoning change request to the Select Board in hopes of getting permission to move its asphalt batch plant from Lewiston Road to a separate property near the company’s rock quarry on River Road.

Business, Nation & World, News

Watchdog sees ‘light at the end of the tunnel’ for IRS backlog

by FATIMA HUSSEIN Associated Press January 11, 2023January 11, 2023

House Republicans want to rescind the agency’s additional funding, saying it would bankroll an army of 87,000 auditors who will harass taxpayers – claims that are generally alarmist and misleading.