After 16,700 flight cancellations that cost the airline over $800 million, blame has fallen on an outmoded crew scheduling system and an unusual point-to-point route network.
Business
Business news and information from the Portland Press Herald.
Ex-McDonald’s CEO to pay SEC fine over allegations that he misrepresented his exit
In addition to his financial penalty, as part of the settlement, Easterbrook agreed to a five-year ban from serving as an officer or director.
U.S. inflation may not be so bad, pre-World War II data suggests
The failure to foresee the surge in inflation coming out of the pandemic has led forecasters to question the models they use to try to understand the economy.
Maine’s Wyman Station helped ease Christmas power shortfall
The power grid operator had to dip into reserves as an Arctic blast swept across a large swath of the U.S. and Canada, necessitating controlled power outages elsewhere.
Worried about rising costs, Bates College plans budget cuts
College says its finances remain strong, but ‘serious challenges’ are looming.
Maine’s adult-use cannabis sales nearly doubled in 2022
Legal sales of recreational marijuana soared 94% last year from 2021’s total. But the growth hasn’t always been easy, and there’s concern the market is becoming overcrowded.
Caution, drivers: Portland-area study looks to pinpoint danger zones
Vision Zero is gathering public input to reduce traffic fatalities and serious crash injuries. So far, 18 communities are participating in the regional effort.
Newry couple that discovered $1.5 billion lithium deposit fighting in court to mine it
Strict state regulations have prevented Mary and Gary Freeman from excavating the sought-after mineral used in batteries and cell phones.
High-speed internet discount available in Maine
Federal program is funding a $30-per-month internet service discount for qualifying households.
Drugstores make slow headway on staffing problems
A rush of vaccines, virus tests and a busy flu season started overwhelming pharmacies more than a year ago.