The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the height of the pandemic.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Nation & World, News, Politics
Biden administration restores the power of states and tribes to review projects to protect waterways
The rule, which takes effect in November, reverses a Trump-era action that limited the ability of states and tribes to review pipelines, dams, and other federally regulated projects within their borders.
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Posted inBusiness, Nation & World, News
United Auto Workers strike against all Big Three automakers for first time in history
About 13,000 U.S. auto workers at some factories owned by Ford, General Motors and Stellantis have stopped making vehicles and headed for the picket lines.
Posted inBusiness, Nation & World
Israel’s Netanyahu to meet with Musk as X faces antisemitism controversy
The Anti-Defamation League, a prominent Jewish civil rights organization, has accused Elon Musk of allowing antisemitism and hate speech to spread on X.
Posted inBusiness, Maine
Federal audit finds widespread deficiencies in Maine’s postal operations
The U.S. Postal Service’s Office of Inspector General found more than 150,000 pieces of mail that were delayed for delivery at five postal stations in the Southern Maine on March 14.
Posted inBusiness
Breeze Airways expands service from Portland jetport to Florida
The low-cost carrier is adding service to Fort Myers, its third seasonal Florida destination, from the Portland jetport.
Posted inBusiness, Politics
Auto workers strike would test Biden claim he’s ‘most pro-union president in U.S. history’
A UAW strike could reshape the political landscape in Michigan and potentially unleash economic shockwaves nationwide.
Posted inBusiness
Wilton approves licenses for 4 cannabis grow operations
Several cannabis grow operations in Wilton were given licenses to continue their growth under strict conditions on Tuesday, Sept. 5.
Posted inBusiness, Maine
Pratt & Whitney engines suffer production troubles, but not in Maine
The problem affects about 3,000 engines on commercial aircraft, forcing additional inspections that will put pressure on airlines as air travel rebounds following the pandemic.
Posted inBusiness, Nation & World
Child poverty in U.S. jumped, income declined in 2022 as COVID benefits ended
An official with the Census Bureau says pre-pandemic poverty levels for kids have returned.