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.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
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.
advertisement
Posted inBusiness, Nation & World, News
Equal education, unequal pay: Why is there still a gender pay gap in 2024?
Not even education can close the pay gap that persists between women and men, according to a recent U.S. Census Bureau report.
Posted inBusiness, Nation & World
In New York City, heat pumps that fit in apartment windows promise big emissions cuts
Heat pumps have been mainly an option for owners of houses. But new designs are making them practical for apartments, too.
Posted inBusiness, Nation & World
Most teens report feeling happy or peaceful when they go without smartphones, Pew survey finds
Nearly all U.S. teens (95%) have access to a smartphone, according to a new report from the Pew Research Center.
Posted inBusiness, Nation & World
Choice Hotels abandons $8 billion hostile takeover attempt of rival chain Wyndham
In October Wyndham rejected an unsolicited $8 billion buyout offer from Choice. Wyndham runs Days Inn, La Quinta, Ramada and a host of other brands.
Posted inBusiness, Nation & World
Reddit looking to raise almost $750 million in initial public offering
Reddit anticipates that the IPO will be priced between $31 and $34 per share.
Posted inBusiness, Nation & World, News
Tyson is hiring immigrants in New York for jobs no one else wants
Tyson is joining the nonprofit Tent Partnership for Refugees with a plan to hire some of the 181,400 migrants that have come through New York City’s intake system over the last 2 years.
Posted inBusiness, Nation & World, News
Politicians, including Sens. King and Collins, close in on votes to keep AM radio in every car
A large, bipartisan group of lawmakers believes saving the AM dial is critical to public safety, especially in rural America, and they want to ensure access to it via car radios.
Posted inBusiness, Nation & World, News
Trump says TikTok is a national security threat, but wouldn’t ban the app
Trump says he opposes a ban because it would help Facebook, which he continues to lambaste over his 2020 election loss.