UScellular has announced a $32,300 grant to Boys & Girls Clubs of Greater Waterville aimed at providing educational opportunities and experiences to local youth. This donation is part of a $1 million grant to Boys & Girls Clubs of America, which will directly benefit 19 additional clubs throughout UScellular’s service areas. This marks the ninth […]
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, News
Jay board to review application to reduce valuation
It will be the fifth time the town has sought a sudden and severe reduction of valuation due downsizing and closing of the mill.
advertisement
Posted inBusiness
IRS plans to crack down on 1,600 millionaires to collect millions of dollars in back taxes
A team of academic economists and IRS researchers in 2021 found that the top 1% of U.S. income earners fail to report more than 20% of their earnings to the IRS.
Posted inBusiness, Maine, News
CMP accused of overspending on storm recovery by $53.6 million
While Maine’s advocate for ratepayers says the utility exceeded staffing guidelines in 12 of 23 storms in 2022, the company says it spent the money to restore power more quickly and to avoid the criticism that has contributed to a referendum calling for a publicly owned utility.
Posted inBusiness, Maine, News
New state retirement program targets small-business employees
About 200,000 Maine workers who have long gone without employer-sponsored retirement savings plans soon will be able to save for their golden years through the Maine Retirement Investment Trust.
Posted inBusiness, Nation & World
Applications for unemployment benefits fall to lowest level in 7 months
Recent government data also showed that job openings dropped to 8.8 million in July, the fewest since March 2021 and down from 9.2 million in June.
Posted inBusiness, Nation & World
AI that alters voice and imagery in political ads will require disclosure on Google and YouTube
Political ads using artificial intelligence on Google and YouTube must soon be accompanied by a prominent disclosure if imagery or sounds have been synthetically altered.
Posted inBusiness
Wilton accepts cannabis moratorium, public hearing set for Sept. 19
The Wilton Select Board voted to accept a six month moratorium for cannabis licenses on Tuesday, Sept. 5, and will hold a public hearing in two weeks.
Posted inBusiness, Lewiston-Auburn
Buying a backup generator for your home should not be a last-minute decision, experts say
Factors to consider include evaluating your needs, availability of the product and what you can afford.
Posted inBusiness, Nation & World
Biden nominates a former Obama official to run the Federal Aviation Administration
Whitaker’s nomination had been expected for months, and Biden’s announcement was praised by several industry and labor groups.