Business - Portland Press Herald

Opponents of consumer-owned power effort submit signatures for competing ballot question

by Staff Report December 29, 2022December 30, 2022

The parent company of Central Maine Power, Avangrid Inc., is fighting against an initiative to create a consumer-owned utility in the state.

Business, Nation & World, News

Auto sales for 2022 expected to be worse than 2020

by Kalea Hall The Detroit News December 29, 2022

The decline is the result of supply chain issues and now lowering demand as a result of higher prices and interest rates.

Business, Nation & World, News

Southwest Airlines expects to return to normal operations Friday

by DAVID KOENIG Associated Press December 29, 2022December 29, 2022

Executives tell employees that crew scheduling this week – a major cause of the meltdown – has been fixed.

Business, Nation & World, News

U.S. jobless claims rise slightly but remain near historic lows

by Augusta Saraiva Bloomberg December 29, 2022December 29, 2022

Initial unemployment claims increased by 9,000 to 225,000 in the week ended Dec. 24.

Business, People on the Move

Portland Gastroenterology Center expands clinical staff with three new hires

December 29, 2022January 8, 2026

NEW HIRES Portland Gastroenterology Center has added three new providers to its practice. Dr. Matthew Grunwald, Vicki Cook and Kate Rossiter all started this fall, bringing the center’s staff to 13 doctors and seven nurse practitioners. Grunwald is board-certified in internal medicine and gastroenterology, and is a graduate of Williams College in Massachusetts and Renaissance School […]

Business, Nation & World

Ukraine intends to develop air-to-air combat drones

by HANNA ARHIROVA Associated Press December 28, 2022

Kyiv has some 1,400 drones, already, mostly for reconnaissance.

Business

Nord Stream 2 pipeline firm gets 6-month stay of bankruptcy

by Associated Press December 28, 2022

The company’s stay is extended from Jan. 10 through July 10.

Business, Maine, News

For power restoration crews, storm response was ‘all hands on deck’ over holiday weekend

by Rachel Ohm December 28, 2022December 28, 2022

About 3,300 workers, including linemen, tree-cutting crews and office staff, have been working 17-hour days to restore power to more than 300,000 Maine homes.