A spooky pink glow is seen for miles around after blackout curtains are left open during an LED lighting test.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine Cannabis Report, Nation & World, Politics
Senate Democrats introduce cannabis decriminalization bill
‘It is time that Congress catches up with the rest of the country,’ said Majority Leader Chuck Schumer.
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Posted inBusiness, Nation & World
Average gas price falls 32 cents to $4.54 per gallon
But it’s $1.32 higher than it was one year ago.
Posted inBusiness
Yellen downplays U.S. recession as wave of economic data looms
Yellen argues that much of the economy remains healthy: Consumer spending is growing, Americans’ finances are solid and the economy has added more than 400,000 jobs a month this year.
Posted inBusiness, Food, Maine
Expect higher costs, more closures as seasonal worker shortage strains Maine restaurants
Overburdened and understaffed restaurant owners consider wage and menu price hikes to stay in business.
Posted inBusiness, Nation & World
Trade bans, inflation send food prices soaring
Costs have risen nearly 14 percent in emerging markets and over 7 percent in advanced economies.
Posted inBusiness, Maine
Bath Iron Works awarded Navy engineering contract
The contract is for assisting in the design the next generation of large U.S. Navy warships.
Posted inBusiness, Nation & World
California ‘baby bonds’ to help kids who lost a parent to COVID-19
California has approved trust funds for some children from low-income families who lost a parent or caregiver to COVID-19.
Posted inBusiness, Nation & World, News
Russia’s central bank slashes interest rate, says inflation slows
The bank had hiked the rate as high as 20% in the wake of the Feb. 24 military operation in Ukraine and the resulting Western sanctions.
Posted inBusiness, Nation & World
UK blames France as travelers face hours-long port delays
France denies that its border officials were unprepared and blames an unforeseen ‘technical incident’ in the Channel Tunnel.