Business - Portland Press Herald

Business, Nation & World

European leaders ink energy deals in bid to sidestep Russia

by FRANCES D'EMILIO and THOMAS ADAMSON Associated Press July 18, 2022

Fears of a complete natural gas cutoff by Russia are escalating.

Business

Bread for $10 is the new $5 gas: Food prices give America sticker shock

by Leslie Patton, Kim Chipman and Andrea Bossi Bloomberg July 18, 2022

Amid the highest U.S. inflation in four decades, bread prices have soared this year, pushing more premium options to an unheard-of $10 a loaf and beyond.

Business, Uncategorized

Wall Street rally fades as corporate profit reports ramp up

by STAN CHOE and ALEX VEIGA Associated Press July 18, 2022

Stocks closed lower Monday after an early gain evaporated in the afternoon.

Business, Maine

Inflation forces Maine DOT to cut back on projects

by Peter McGuire July 18, 2022July 19, 2022

Transportation officials have rejected 7 bids for $28 million in road and bridge work so far this year because construction prices are outpacing state estimates.

Business, Lewiston-Auburn

Poly Labs hits the ground running

by Christopher Wheelock July 18, 2022July 19, 2022

Facing permanent closure in the midst of a pandemic, a company is reborn.

Business, Uncategorized

Trump donors ran $27 million real estate and green card scam, prosecutors say

by John Annese Tribune News Service July 18, 2022

None of their investors ever received green cards, the feds allege.

Business, Nation & World

Climate aid, war fallout feature at Berlin climate talks

by FRANK JORDANS and GEIR MOULSON Associated Press July 18, 2022July 18, 2022

European nations vowed to fulfill their climate targets even as the war in Ukraine prompts some to seek new fossil fuel sources and turn at least temporarily to coal to make up for shortfalls in Russian energy deliveries.