House Republicans argue it would save taxpayer money, but independent budget analysts say it would actually cost taxpayers billions from uncollected tax revenues.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Lewiston-Auburn
Financial aid available for businesses affected by Lewiston shooting lockdown
SBA low-interest loans and some grants are available two weeks after shelter-in-place orders were issued.
advertisement
Posted inBusiness
A Meta engineer saw his child face harassment on Instagram. Now, he’s testifying before Congress
Arturo Béjar tell a Senate subcommittee CEO Mark Zuckerberg knew about the harms Instagram was causing teens, but chose not to make changes to address them.
Posted inBusiness, Lewiston-Auburn, Maine
Elmet Technologies acquires H.C. Starck Solutions Americas
The acquisition makes Elmet the largest U.S.-based manufacturer of tungsten and molybdenum materials and products.
Posted inBusiness, Nation & World
WeWork seeks bankruptcy protection, a stunning fall for a firm once valued at close to $50 billion
WeWork said it entered into a restructuring support agreement with stakeholders to ‘drastically reduce’ the company’s debt.
Posted inBusiness, Nation & World
Fortnite maker accuses Google of bullying and bribing to block competition to its Android app store
The trial that opened Monday targets the Google Play Store, which distributes apps for the company’s Android software that powers virtually all the world’s smartphones that aren’t made by Apple.
Posted inBusiness, News
Morale down, cronyism up after DeSantis takeover of Disney’s government, ex-employees say
More than 40 out of about 370 employees have left the Central Florida Tourism Oversight District since it was taken over in February.
Posted inBusiness, Nation & World, News
‘Amtrak Joe’ Biden visits Delaware to promote $16 billion for passenger rail projects
The president highlighted spending to modernize 25 passenger train projects between Boston and Washington, part of the nation’s busiest rail corridor.
Posted inBusiness
Some houses are being built to stand up to hurricanes and sharply cut emissions, too
Climate change is increasing billion-dollar disasters, many of them from intensifying hurricanes.
Posted inBusiness, Nation & World, News
Tyson Foods recalls nearly 30,000 pounds of breaded chicken nuggets over metal shards
The recall applies to 29-ounce plastic bag packages made at a single location on Sept. 5.