He announces approval of the first $900 million to build chargers across 53,000 miles of the highway system.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, News
Potential railroad strike would damage struggling U.S. economy, but effects in Maine unclear
A total of 60,000 union workers had been expected to walk off their jobs as early as 12:01 a.m. on Friday.
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Posted inBusiness, Nation & World, News
Patagonia founder gives away the company: ‘Earth is now our only shareholder’
Ownership of the company, founded in 1973 and reportedly valued at about $3 billion, has been transferred to a trust created to protect the firm’s values, as well as a nonprofit organization.
Posted inBusiness, Maine, News, Sports
Maine’s 1st ski mountain restores historic name: Pleasant Mountain
Its previous name, Shawnee Peak, was chosen in 1988 by owners who already operated Shawnee Mountain in Pennsylvania, which bears the name of a Native American tribe that was pushed west by settlers.
Posted inBusiness, Maine, News, Uncategorized
Maine fishermen are fighting to harvest more pogies, used as lobster bait
A complex quota system governs how many of the fish, also known as menhaden, can be harvested by states on the East Coast. But there’s debate about how or if the quotas should be changed.
Posted inBusiness, Nation & World, News
One union rejects deal days ahead of rail strike deadline
Passenger service Amtrak, which uses some freight tracks, has already cancelled a number of its long-distance trains this week, and said the rest of its long-distance trains would stop Thursday.
Posted inBusiness, Maine, News
Safety board cites poor drainage in Portland fishing boat tragedy
Findings from an investigation into the 2020 sinking of the Emmy Rose prompt a call for new inspections of ports meant to drain deck water.
Posted inBusiness, Food
The Wrap: Kennebec Cheesery wins big at Maine Cheese Awards; Allagash expands to Scarborough
Plus, food festivals in Portland and Kittery, and Barton Seaver cooks in Kennebunk.
Posted inBusiness, Maine
Portland restaurant workers rally to oppose proposal eliminating tip credit
Servers, bartenders and others at the event Tuesday voiced opposition to Question D, saying it will lead to reduced tips, increased automation and could force some restaurants to close.
Posted inBusiness, Nation & World, News
Markets shudder on dashed inflation hopes; Dow falls 1,250
The inflation figures were so bad that traders see a 1-in-3 chance for a rate increase of a full percentage point by the Federal Reserve next week.