Starting this fall, the money is expected to be used on projects to reach rural areas.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
U.S. weekly jobless claims at highest point in nearly 8 months
Overall demand for workers remained strong. There are nearly two job openings for every unemployed person.
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Posted inBusiness, Nation & World
Is Twitter down? Service appears to return after outage
Users began reporting the outage around 8 a.m. EDT.
Posted inBusiness, Nation & World
Amazon handed Ring footage to police without user consent
The disclosure comes as the company is facing broader antitrust scrutiny in Congress about its e-commerce business.
Posted inBusiness, Nation & World
Bill Gates gives $20 billion to stem ‘significant suffering’
He says he hopes ‘others in positions of great wealth and privilege will step up in this moment too.’
Posted inBusiness, Nation & World
U.S. regulators OK new COVID-19 shot option from Novavax
Tens of millions of Americans still need boosters that experts call critical for the best possible protection as the coronavirus continues to mutate.
Posted inBusiness, Nation & World
Rents in U.S. rise at fastest pace since 1986
In the 12 months through June, prices were up 5.8 percent.
Posted inBusiness, Nation & World, News
U.S. approves American Airlines flights to more cities in Cuba
The U.S. government is giving American Airlines permission to resume flights to five cities in Cuba outside the capital of Havana.
Posted inBusiness, Nation & World, News
Attrition up a bit, companywide layoffs not planned, Twitter says
Twitter said there could be some restructuring and organization changes as it heads into a legal battle over the potential sale to Tesla CEO Elon Musk.
Posted inBusiness, Nation & World
Democrats stress national security as computer chips bill hits Republican wall
The Biden administration warns that semiconductor manufacturers will take their business overseas if legislation boosting the industry doesn’t pass.