The price has dropped by more than a dollar per gallon since peaking in mid-June.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, News
Maine Supreme Judicial Court sends CMP corridor case back to lower court
The state’s high court ruled Tuesday that a referendum blocking the transmission line would be unconstitutional if a lower court determines the project was already too far along at the time of the vote.
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Posted inBusiness, Nation & World, News
Fox News stars questioned by election tech company in defamation case
Lawyers for Dominion Voting Systems last week questioned hosts Jeanine Pirro and Tucker Carlson, while Sean Hannity and former Fox Business Network host Lou Dobbs are scheduled for depositions Tuesday.
Posted inBusiness, Nation & World, News
Job vacancies rose in July, dashing Fed hopes for cooling
The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite slowing economic growth and high inflation.
Posted inBusiness, Maine, News
Owner of Victory Chimes wooden schooner putting vessel up for sale
The historic schooner was built in 1900 as a cargo vessel.
Posted inBusiness, Nation & World
Labor board rules Tesla must let workers wear union clothing
It’s the second defeat at the National Labor Relations Board for Tesla and CEO Elon Musk.
Posted inBusiness, News
Feeling unwelcome in blue states, gun companies move to red ones
At least 20 firearms, ammunition and gun accessory companies have moved headquarters or shifted production from Democratic blue states to Republican red ones over the past decade.
Posted inBusiness, Health, Nation & World
U.S. signs $11 million deal to fund monkeypox vaccines
Monkeypox has quickly spread around the world to infect more than 47,000 people, and about 1.7 million Americans are at high risk of catching it, health officials estimate.
Posted inBusiness, Nation & World
LG, Honda to set up U.S. joint venture to make EV batteries
The joint venture is to be set up this year, with the closing of the deal subject to regulatory approval.
Posted inBusiness, News
Wall Street closes lower, adding to last week’s losses
The market is coming off its worst weekly pullback since mid-June after Fed chief Jerome Powell indicated on Friday that the central bank will raise rates into next year.