This year, small businesses are bracing for a more muted season, as some Americans spend more cautiously.
Business
Business news and information from the Portland Press Herald.
Pricey, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
Rate hike 2.0: Electricity supply costs due to rise again next year
New England’s natural gas crunch and Russia’s war are pushing electric rates higher.
In France, gas crisis frays nerves, workers’ resilience
Motorists sometime line up for hours to refuel – not always successfully.
Student loan forgiveness applications now available online in ‘beta’ test
The department has said it will make a final version of the form available by the end of this month.
As electric car production falls short, flippers step up
The years-long wait for some new electric vehicles is creating a reselling frenzy.
Musk has a ‘super app’ plan for Twitter. It’s super vague.
For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat – a ‘super app’ that does video chats, messaging, streaming and payments – for the rest of the world.
Sweeping changes proposed for poultry processing
Some 250,000 Americans are sickened every year from turkey and chicken meat.
Musk seeks Pentagon funds for Ukraine satellite network
The request comes amid a Twitter war between him and Ukrainian President Volodymyr Zelensky.
U.K. premier drops tax cuts, axes Treasury chief amid turmoil
The future of Liz Truss is in doubt less than six weeks after she took office.