Putin claimed Friday that ‘Anglo-Saxons’ in the West have turned from imposing sanctions on Russia to ‘terror attacks.’
Business
Business news and information from the Portland Press Herald.
Biden uses $130 million in frozen Egypt aid to help Pacific Islands
The president announced a plan for the U.S. to spend $810 million over the next decade – including $130 million for climate resilience programming – to assist the islands
As counterfeits rise, sneaker authenticators sniff out real from fake
The counterfeit sneaker market last year might have been worth as much as $450 billion, more than five times the value of the legitimate market, according to a report from fitness trend reporter RunRepeat.
Winslow residents to decide whether to ban the use of fireworks in town
Winslow is the latest municipality in Maine to consider prohibiting or restricting the use of pyrotechnics.
Vermont dispensaries to begin selling recreational marijuana
It will join 14 other states with legal adult-use cannabis sales.
Boeing behind schedule in gaining approval for new Max jets
If the Federal Aviation Administration does not certify the planes by year end, Boeing would be required under law to add a new type of system to alert pilots when there is a potential safety problem.
Safety deposit boxes headed toward extinction at Chase
A spokesman for the bank said Chase decided late last year to stop offering new deposit boxes to customers as a ‘business decision’.
Resilient U.S. consumers spend slightly more in August
The economy is expected to grow in the third quarter, after shrinking in the first six months of this year.
Why is the U.S. dollar so strong?
The dollar’s surge has put other nations trying to boost their economies in a challenging position: raising interest rates would boost their currency but also put the brakes on economic recovery.
America’s energy safety net was built for the cold. Hot summers threaten it
New England states have long relied on the Low-Income Energy Assistance Program to keep residents warm in the winter, but now other states may need it to lower cooling costs in the summer. ‘The dilemma is, we don’t have enough funding to cover both,’ one energy official says.