Business - Portland Press Herald

Business, Maine, New England

Chaga farming in Maine is on the fringe of being a multi-billion dollar industry

by Christopher Wheelock December 27, 2022December 28, 2022

Livermore Falls couple develop unique mushroom enterprise with international connection.

Business, Nation & World

States banking big bucks amid inflation, higher interest rates

by DAVID A. LIEB Associated Press December 27, 2022

Still, financial experts are nonetheless urging caution on spending because of concerns the U.S. could slip into a recession.

Business, Nation & World

Foreign firms welcome China’s decision to end quarantines for travelers from abroad

by JOE McDONALD Associated Press December 27, 2022

Meanwhile, Japan announces restrictions on visitors from the country as infections surge.

Business

Stocks close lower on Wall Street, adding to recent losses

by ALEX VEIGA Associated Press December 27, 2022

Trading is mostly muted as U.S. markets reopened after the long holiday weekend.

Business, Nation & World, News

Social Security denies disability benefits based on a jobs list from 1977

by Lisa Rein Washington Post December 27, 2022December 27, 2022

Every year, thousands of claimants are blocked at a crucial last step in the arduous process of applying for disability benefits, thanks to labor market data that was last updated 45 years ago.

Business, Nation & World, News

Southwest Airlines cancels more flights, draws federal investigation

by DAVID KOENIG Associated Press December 27, 2022December 27, 2022

A day after most U.S. airlines had recovered from the storm, Southwest called off about 2,600 more flights on the East Coast by midafternoon.

Business, Community

Briefs

December 27, 2022December 22, 2022

SACO Robotics team places first at state championship The CK Burns School’s LEGO Robotics team placed first for robot design recently at the Maine State Lego League Championship. Saco students competed against 24 other Maine teams. “We are so proud of the CK Burns Robotics team for representing our district at the Maine State Lego […]

Business, Maine, News, Uncategorized

A big day, a small budget – but no Elvises at this Kittery wedding chapel

by Megan Gray December 27, 2022December 27, 2022

The average cost of a wedding in Maine is more than $29,000, but a new wedding chapel in the Kittery Outlets caters to couples who are looking for a deal.