Duffy’s Island Hardware was a place Peaks residents could count on year-round for tools, supplies or a DIY gadget.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
Renters face charging dilemma as U.S. cities move toward EVs
Americans who live in apartments without private garages are stringing extension cords across sidewalks and waiting in line at public charging stations for hours to power up their electric vehicles.
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Posted inBusiness
Hyundai breaks ground on $5.5 billion electric car plant in Georgia
The company plans to open the factory in 2025, with at least 8,100 employees producing up to 300,000 electric vehicles per year.
Posted inBusiness
Seven jurors seated in Trump Organization tax fraud trial
Trump is not charged in the case, nor is he expected to attend the trial.
Posted inBusiness, Nation & World, News
Record number of Americans now have bank accounts, government reports
The FDIC attributed most of the improvement to the stronger economy in 2021, as the coronavirus pandemic restrictions largely expired and there were low levels of unemployment.
Posted inBusiness, Nation & World, News
Natural gas exporters: Market to be tight until 2025
Natural gas prices have skyrocketed worldwide following the Russian invasion of Ukraine this year.
Posted inBusiness, Nation & World, News
Adidas ends partnership with Kanye over antisemitic remarks
The company faced pressure to cut ties with Ye, with celebrities and others on social media urging Adidas to act.
Posted inBusiness, News
U.S. stocks march higher ahead of tech-heavy earnings week
Several big companies outside of the tech sector are also reporting earnings this week, including Coca-Cola, General Motors and Caterpillar.
Posted inBusiness
Tentative deal would boost pay for 8,000 Southwest workers
Airline workers are pushing for better pay in the midst of a travel recovery.
Posted inBusiness, Schools and Education
Companies lure hourly workers with college tuition perks
Walmart, Amazon and Chipotle have made free higher education accessible for to more than 3 million U.S. workers, but critics question whether the move is glossing over deeper issues.