It is the largest publicly disclosed donation from the billionaire philanthropist since she pledged in 2019 to give away the majority of her wealth.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine
Maine businesses pitching in to support Ukraine
The Retail Association of Maine is seeking donations from its members and the public, L.L. Bean is sending $300,000 in money and goods, and One Longfellow Square is holding a benefit concert.
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Posted inBusiness, Nation & World
Even before gas price spiked, communities across U.S. planned electric car charging stations
In Maine, Portland recently entered into a 10-year deal with a firm to install, operate and maintain over 40 of them on public property.
Posted inBusiness, Nation & World
Russian bond trading resumes for 1st time since Ukraine invasion
The stock market remains closed.
Posted inBusiness
Stocks close modestly lower after best week since 2020
Chairman Jerome Powell says the Fed will raise its key rate by a half-point at multiple meetings, if need be, to slow inflation.
Posted inBusiness, Nation & World
Saudi Arabia says it’s not responsible for high oil prices
Rebel attacks on the kingdom’s energy facilities are affecting the production of crude.
Posted inBusiness, Nation & World
Biden administration warns U.S. companies of potential Russian cyberattacks
The president’s top cybersecurity aide says some aren’t fixing known problems in software that could be exploited by hackers.
Posted inBusiness, Nation & World
SEC proposes new corporate climate change disclosures
But major business interests and Republican officials began mobilizing against the rules long before they were unveiled.
Posted inBusiness, Nation & World, News
Russia bans Facebook and Instagram under ‘extremism’ law
The move marks the latest escalation against the company since President Vladimir Putin invaded Ukraine.
Posted inBusiness, Maine Cannabis Report
Kentucky House passes bill to legalize medical marijuana
After years of debate, the state’s Republican-dominated legislature moves closer to allowing some form of cannabis use. The bill’s co-sponsor described people whose lives have been “turned around by these products,” but who also feel like they’re criminals.