Business - Centralmaine.com

Congress wants to boost computer chip industry, but differences separate the parties

by KEVIN FREKING Associated Press April 18, 2022April 18, 2022

The competing bills diverge on supply chain issues, trade, immigration and climate change, to name a few areas of disagreement.

Business, Nation & World, News

Shareholders await Musk’s next move in Twitter takeover bid

by TOM KRISHER and MATT O'BRIEN AP Business Writers April 18, 2022April 18, 2022

Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla CEO’s next move.

Business, Nation & World, News

Alex Jones’ Infowars files for bankruptcy in wake of defamation suits

by Associated Press April 18, 2022April 18, 2022

Infowars filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his lies that the Sandy Hook Elementary School shooting was a hoax.

Business

Tax Day laggards: Consider filing for extension if in a rush

by FATIMA HUSSEIN Associated Press April 17, 2022April 17, 2022

‘You’re much better off extending than amending,’ say Nina Tross at the National Society of Tax Professionals.

Business, Maine

Much of Maine’s pandemic relief funds for local governments is unspent

by Peter McGuire April 17, 2022April 18, 2022

County and local governments have received $191 million in federal aid but some are taking a slow, deliberate approach to spending it.

Business, News

Central Maine business briefs: Hight Ford recognized as elite Ford dealer for third straight year

April 16, 2022April 16, 2022

People & Places: Workshops, leadership training and promotions announced.

Business, Nation & World

Modest-income buyers being priced out of new-vehicle market

by TOM KRISHER Associated Press April 15, 2022April 15, 2022

The most affluent buyers keep plunking down big money for new vehicles, including the least fuel-efficient among them – trucks, SUVS, large sedans.

Business, Nation & World

Biden picks Michael Barr for Fed’s bank regulation post

by JOSH BOAK and PAUL WISEMAN Associated Press April 15, 2022April 15, 2022

The selection of the dean of the University of Michigan’s public policy school comes after the president’s first choice, Sarah Bloom Raskin, withdrew her nomination in the face of opposition from Republicans and one Democrat.