One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Federal watchdog say Trump administration overpaid corn farmers by $3 billion
A federal watchdog says the Trump administration overpaid corn farmers by about $3 billion in federal aid in 2019 and that farmers in the South were paid more for the same crops than elsewhere in the country
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Posted inBusiness, Lewiston-Auburn, News
Anonymous diner at Legends Sports Bar & Grill picks up all the open tabs, leaves $1,000 tip
As servers let other diners know, “of course, everybody was pretty excited and the holiday cheer was very evident,” owner Melinda Small said.
Posted inBusiness, Nation & World, Politics
Democrats will try to rebuild after Manchin tanks $2 trillion package
But the next steps remain highly uncertain for the president and his party.
Posted inBusiness, Nation & World
Biogen cuts the price for its Alzheimer’s drug in half
The annual cost for a person of average weight will amount to $28,200.
Posted inBusiness, Maine, News
A $7 million solar farm will power six commercial customers in Maine
The nearly 20-acre solar farm in Caribou will produce 8 million kilowatt-hours of energy per year.
Posted inBusiness, Nation & World
California sues Walmart over disposal of hazardous waste
The retail chain paid $25 million to settle a similar lawsuit in 2010 and agreed to stop dumping into local landfills.
Posted inBusiness, Nation & World
EU approves 5th COVID-19 vaccine, one by Novavax
The two-dose shot joins those from Pfizer, Moderna, Johnson & Johnson and AstraZeneca as authorized in the bloc.
Posted inArts & Entertainment, Business, Nation & World
YouTube TV restores access to Disney after dispute resolved
Viewers can resume watching networks such as ESPN, FX, National Geographic and local ABC stations.
Posted inBusiness, Nation & World
Here’s what families are actually using the child tax credit to pay for
Overwhelmingly, people who have received the child tax credit payments have used it for food, rent, and utilities and to pay off debt, data from the U.S. Census Bureau has found.