Maine has lost more than 20,000 employees since the pandemic started. Fixing this will take a combination of strategies and years of work.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World, News
Americans are larger. Should the FAA stop airplane seats from shrinking?
The FAA in August began asking the public to weigh in on whether it should regulate the size of seats on commercial aircraft as ‘necessary for passenger safety.’
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Posted inBusiness, Nation & World, News
U.S. economy stumbles into final stretch of 2022 facing new pressures
Fresh data in recent days suggests the economy isn’t sputtering quite yet and that two of the economy’s main engines are still revving.
Posted inBusiness, Maine
Pump it up: Can you keep warm in winter with a heat pump alone?
An Efficiency Maine initiative may be changing minds about the energy-saving devices, after testing their stand-alone performance in subzero temperatures.
Posted inBusiness, Food, Maine
Bodega’s diverse Latin American roots spur growth and creativity in new restaurant
René Emilio Peña took over his father’s La Bodega Latina on Congress Street during the pandemic. His new restaurant, Cabana, picks up on the tradition, celebrating the range of Latin American cultures.
Posted inBusiness, Nation & World
King Charles III without a crown in first coins unveiled by Royal Mint
For queens there is a different standard: The young Queen Elizabeth II was shown with a crown of laurels on her first coins, issued in 1953.
Posted inBusiness
Work-from-home or return to the office? A rift is emerging among U.S. workers
Almost three-quarters of poll respondents said companies should pay in-office employees more than their work-from-home colleagues.
Posted inBusiness
Unpaid internships face new scrutiny as barriers to careers
Close to half of all internships are unpaid, putting them out of reach for students who need wages to keep up with their bills.
Posted inBusiness
Fed vice chair warns U.S. interest rates to stay high, notes global impact
Additional inflationary shocks from Russia’s invasion of Ukraine, China’s COVID lockdowns, or severe weather events globally ‘cannot be ruled out,’ Lael Brainard said.
Posted inBusiness
Stocks end September down 9.3%, worst month since March 2020
The benchmark index is now down by more than a quarter since the start of the year.