The jackpot could grow to be the largest ever in the U.S. and globally if it continues to be winless after Saturday’s drawing.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
Fossil fuel projects were stalled a year ago. Now they’re making a comeback.
As world leaders prepare to gather for this year’s climate summit, they will have to contend with a surge in new fossil fuel infrastructure prompted by the Russian invasion of Ukraine.
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Posted inBusiness, Maine
Chipotle broke law when it closed Augusta restaurant where workers were unionizing, complaint alleges
The National Labor Relations Board said in a complaint late Thursday the company should reopen its Augusta location and offer jobs back to former employees who worked there.
Posted inArts & Entertainment, Business
Kanye West’s t-shirt is a fashion don’t. Someone else owns ‘White Lives Matter’ trademark.
A trademark request was filed under the name Jae Gibson on Oct. 3, according to the U.S. Patent and Trademark Office’s database, and Phoenix radio hosts Ramses Ja and Quinton Ward acquired the mark on Oct. 28, according to Capital B.
Posted inBusiness
Bank of England makes biggest interest rate hike in 30 years
The bank forecast that the British economy is likely to contract for two years through June 2024 — the longest recession since at least 1955.
Posted inBusiness
U.S. average long-term mortgage rates back under 7%, for now
The rate was 3.09% last year at this time.
Posted inBusiness
First-time U.S. home buyers are oldest on record and least diverse since 1997
It’s the latest evidence of the increasing inaccessibility of the housing market.
Posted inBusiness, Maine
Brunswick coffee shop workers say they were fired for organizing
Two employees at Little Dog by the Met in Brunswick say they were fired this week over their support for trying to form a union.
Posted inBusiness, Nation & World, Schools and Education
Confused about student loan forgiveness? Here’s what we know.
Borrowers are growing confused as President Biden’s plan to cancel up to $20,000 in federal student loans is stalled by the courts.
Posted inBusiness, Nation & World, News
Twitter’s blue check: Vital verification or status symbol?
After floating the idea of charging users $20 a month for the “blue check” and some extra features, he appeared to quickly scale it back in a Twitter exchange with author Stephen King.