Business - Portland Press Herald

Housing hotspots at risk of recession price drops

by Michele Lerner Special To The Washington Post August 18, 2022August 18, 2022

Markets that have seen steep home price increases and high levels of in-migration are more likely to see homes lose some value, according to Redfin.

Business, Maine, News

Maine real estate market continues trend of slower sales

by Hannah LaClaire August 18, 2022August 18, 2022

Low inventory and higher interest rates are among the factors contributing to a 15 percent decline in home sales in July compared to a year ago.

Business, Nation & World, News

Gas-powered muscle cars drive into the sunset, turn electric

by TOM KRISHER Associated Press August 18, 2022August 18, 2022

One reason for the industry shift is that electric vehicles are simply faster off the starting line. Their handling is typically better, too.

Business, Nation & World, News

U.S. to hold trade talks with Taiwan; island drills military

by JOHNSON LAI and JOE McDONALD Associated Press August 18, 2022August 18, 2022

The announcement of trade talks comes after Beijing fired missiles into the sea to intimidate Taiwan after U.S. House Speaker Nancy Pelosi this month became the highest-ranking American official to visit the island in 25 years.

Business, Nation & World, News

Trump CFO pleads guilty to tax violations, could be star prosecution witness

by MICHAEL R. SISAK Associated Press August 18, 2022August 18, 2022

Allen Weisselberg admits taking in over $1.7 million worth of untaxed perks – including school tuition for his grandchildren, free rent for a Manhattan apartment and lease payments for a luxury car.

Business, People on the Move

Nadine Grosso named director of communications and public affairs at Maine Behavioral Healthcare

by Staff Report August 18, 2022January 8, 2026

NEW HIRES Maine Behavioral Healthcare has named Nadine Grosso as director of communications and public affairs. Grosso has served as vice president and director of communications with the Maine Health Care Association for more than 20 years. She joins MBH after serving as the communications leader of an organization that representing more than 200 nursing […]