Gun control advocates say it will help better track suspicious surges of gun sales.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
U.S. freight railroads to cut services as union talks fail, report says
The service cuts are taking place ahead of a possible strike on Saturday.
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Posted inBusiness
Easing inflation, lower gas prices boost U.S. consumer sentiment
The looming question, economists say, is whether the current calm signals a turning point, or whether this is just a momentary reprieve.
Posted inBusiness, Food, Maine, News
Plans for Augusta bagel shop in former mill building draw praise for community focus
Sand Hill Bagel Co. developers hope the shop, which is slated to open next spring in the last remaining building of the former mill, will become one with the neighborhood and city park.
Posted inBusiness, Maine, News
A wave of older workers was already headed into retirement. The pandemic worsened things.
The coronavirus exacerbated Maine’s labor shortage. Most of the people who have left the state’s workforce since early 2020 were early retirees.
Posted inBusiness, Maine
Poland Spring withdraws request to extract more water in Hollis after residents object
The request came as Hollis and the rest of Maine suffered a drought. Townspeople expressed their outrage at public meetings.
Posted inBusiness, Maine, Politics
Maine politicians scramble to show support for lobster industry
Long seen as emblematic of Maine’s hardworking ethos, lobstering holds an outsized influence on the state’s electorate and politicians from both parties want to show voters that they are on board.
Posted inBusiness, Nation & World
EU nations struggle to find joint approach on energy prices
Energy ministers of the EU’s 27 nations could not agree on whether and how to impose a price cap on Russian natural gas.
Posted inBusiness, Maine, News
Kittery shipyard’s impact last year soared to $1.3 billion
Southern Maine towns and cities benefited from large number of workers and their salaries.
Posted inBusiness, News
Royce Cross stepping down as CEO of Cross Insurance, being succeeded by son
Jonathan Cross is the third generation of the Cross family to lead the 68-year-old, Bangor-based insurance provider.