The rule would require cable and satellite providers to clearly state the total cost, including fees for TV station signals and regional sports programming, as a prominent, single line item.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, Politics
Former Treasury Secretary Steve Mnuchin says he’s putting together investor group to buy TikTok
‘This should be owned by U.S. businesses. There’s no way that the Chinese would ever let a U.S. company own something like this in China,’ he said.
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Posted inBusiness, Maine, News
Activists say Maine public workers’ retirement system is failing to divest from fossil fuels
But the officials who decide how to invest the retirement funds of Maine’s government employees said fully divesting from fossil fuel companies would violate their constitutional duty.
Posted inBusiness, Nation & World, News
Surviving fishing gear entanglement isn’t enough for right whales – females don’t breed afterward
Even when entanglement does not kill a whale, it can affect individuals’ ability to reproduce, which is critically important for a species with such low numbers, writes a team of scientists.
Posted inBusiness
Dollar Tree to close nearly 1,000 stores across U.S.
The company, which has struggled to absorb Family Dollar since acquiring that chain in 2015, declined to say whether any of its 87 stores in Maine will be closed.
Posted inBusiness, Nation & World, Politics
House passes bill that could lead to TikTok ban, but path in Senate is unclear
President Biden has said if Congress passes the measure, he will sign it.
Posted inBusiness, Nation & World, News
U.S. inflation ticks up again in latest sign that price pressures remain elevated
Despite February’s elevated figures, most economists expect inflation to continue slowly declining this year.
Posted inBusiness, Maine, News
New managers of Freeport shopping center see opportunity to add restaurants, breweries
The investors who have been behind Freeport Village Station since it opened in 2009 have hired a Boston-based real estate management group to oversee the large downtown shopping center after they purchased the property for $20 million.
Posted inBusiness, Maine, Politics
Maine may tax Netflix and other streaming subscriptions
A $20 a month subscription fee would have $1.10 in tax added to it. Half of U.S. states are already applying a similar tax on subscriptions to Spotify, Hulu, Amazon Prime and more.
Posted inBusiness, Maine, Politics
Legislators want final say over Maine’s electric vehicle rules
Democratic leaders and a group of Republicans seek to shift oversight of Maine’s clean car standards from a citizen board to state lawmakers.