Business - Portland Press Herald

Congress Square construction mishap leaves some residents without phone and internet

by Rachel Ohm August 31, 2022August 31, 2022

A spokesperson for Consolidated Communications said the company is working around the clock to restore service, and some customers reported regaining it a week after a work crew damaged a duct bank.

Arts & Entertainment, Business, Nation & World, News

Japanese business pioneer, philanthropist Kazuo Inamori dies at 90

by YURI KAGEYAMA Associated Press August 31, 2022August 31, 2022

Inamori was the founder of Japanese ceramics and electronics maker Kyocera.

Business, Food

The Wrap: Blaze Pizza to open 3 locations in Maine

by Tim Cebula August 31, 2022August 30, 2022

Plus, Food Fork Lab and Olde Haven Farm win $200,000 federal grants to boost meat processing capacities and more, a new home on Brighton Avenue for The Sinful Kitchen and a benefit dinner for Farms for Food Equity.

Business, Nation & World, News

U.S. asks farmers: Can you plant 2 crops instead of 1?

by SCOTT McFETRIDGE Associated Press August 30, 2022August 30, 2022

The hope is that ‘double-cropping’ will help meet a growing global demand for food while generating more profit for farmers amid high fertilizer and fuel costs.

Business

Musk cites whistleblower as new reason to exit Twitter deal

by KELVIN CHAN and TOM KRISHER The Associated Press August 30, 2022

Elon Musk and Twitter lobbed salvos at each other in the latest round of legal filings over the billionaire Tesla CEO’s aborted plan to buy the social media platform.

Business

Stocks post another loss as markets worry about higher rates

by DAMIAN J. TROISE and ALEX VEIGA Associated Press August 30, 2022

Markets are trying to get a better sense of ‘how far, how fast the Fed’s going to have to go’ in slowing down the economy in order to fight inflation.