Nearly 3,200 defendants have been charged with COVID-19 relief fraud, according to the U.S. Justice Department. About $1.4 billion in stolen pandemic aid has been seized.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Maine’s first Costco set to open in one week
Costco opens next week in Scarborough, within a hub of commercial development.
advertisement
Posted inBusiness
Striking workers at Woodland Pulp qualify for unemployment
The Maine Bureau of Unemployment Compensation has awarded 80 striking workers at Woodland Pulp eligibility for unemployment benefits after the paper mill hired temporary workers to fill the empty positions.
Posted inBusiness, Nation & World, News
Judge in Alaska upholds Biden administration’s approval of massive Willow oil-drilling project
The massive project has drawn the ire of environmentalists who accuse the president of backpedaling on his pledge to combat climate change.
Posted inBusiness, Nation & World, News
Fed Chair Powell reiterates that central bank will be cautious about further interest rate hikes
For now, Jerome Powell says he believes the Federal Reserve faces nearly equal risks of raising its benchmark rate too high or not raising it high enough.
Posted inBusiness, Nation & World, News
MGM and Caesars reach deals with Las Vegas hotel workers, narrowly averting a strike
The Culinary Workers Union on Thursday turned its attention to winning the same terms for 5,000 of its members who work at Wynn and Encore Resorts.
Posted inBusiness, Nation & World, News
Judging from the level of complaints, air travel is getting worse
The Transportation Department said information about complaints has been delayed because there are so many of them to process.
Posted inBusiness, Kennebec Journal, Lewiston-Auburn, Maine, News
Sales of ‘Lewiston Strong’ shirts raise more than $176,000 for those impacted by shootings
Natalie Beaudoin, 17, a senior at Lewiston High School, is one of several people across Maine to have designed clothing to sell as fundraisers in the wake of the Oct. 25 killings.
Posted inArts & Entertainment, Business, Nation & World, News
The Hollywood strikes are over. Here’s when you could see your favorite stars and shows return
Wednesday’s deal between striking actors and studios and streaming services won’t immediately restore filming to its full swing. That will take months.
Posted inBusiness, Nation & World, News
Yellen stresses economic cooperation with China as she begins talks with her Chinese counterpart
Treasury Secretary Janet Yellen’s talks with Vice Premier He Lifeng are designed to lay the groundwork for an expected meeting between President Biden and Chinese leader Xi Jinping next week.