The average rate on 15-year, fixed-rate mortgages, popular among those refinancing their homes, rose to 4.92% from 4.81% last week.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
Wall Street shakes off a midday stumble and ends higher
Technology and health care stocks drove much of the rally, outweighing losses in energy and financial companies.
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Posted inBusiness, Nation & World
FDA bans Juul e-cigarettes tied to teen vaping surge
The action is part of a sweeping effort by the agency to bring scientific scrutiny to the multibillion-dollar vaping industry after years of regulatory delays.
Posted inBusiness, Maine
State to reimburse 2022 license costs for fishing, aquaculture industries
The state will use $8.3 million in federal funds from the Consolidated Appropriations Act to reimburse the costs of commercial harvesting licenses and some fees.
Posted inBusiness, Maine
L.L. Bean donates $850,000 to USM for campus, scholarships
The money will help pay for a new career center under construction and a scholarship in environmental science.
Posted inBusiness, Maine, Nation & World
Offshore wind gets a boost as Biden, East Coast governors team up
Maine is part of the partnership that has a goal of deploying 30 gigawatts of offshore wind power by 2030, enough to provide electricity to 10 million homes and spur $12 billion per year in private investment.
Posted inBusiness, Maine
Maine Med reaches $150 million goal for Portland hospital expansion
Still, the hospital is extending its goal by an additional $20 million for ‘further investments made necessary by the challenges of the COVID-19 pandemic.’
Posted inBusiness, Nation & World
Fewer Americans file for unemployment benefits
Much of the recent job security and wage gains that Americans have enjoyed recently has been offset by inflation levels not seen in four decades..
Posted inBusiness, Nation & World, News
Airport chaos: European travel runs into pandemic cutbacks
After two years of pandemic restrictions, travel demand has roared back and airlines and airports are struggling to keep up.
Posted inBusiness, People on the Move
State Rep. Laurie Osher joins Eastern Maine Development Corp.
NEW HIRES Scientist and Maine state Rep. Laurie Osher has joined Bangor-based Eastern Maine Development Corp. as a community resilience specialist. Osher, a Democrat representing Orono, is a community leader and environmental scientist with decades of experience managing projects. Jennifer Rice has joined the Portland-based John T. Gorman Foundation as executive assistant. Rice was previously […]
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