LIHC Investment Group is one of three owners of the New York apartment building that caught fire Sunday.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Health, Nation & World
Supreme Court halts COVID-19 vaccine rule for businesses, but allows it for health care workers
The court’s conservative majority concludes the administration overstepped its authority by seeking to impose the Occupational Safety and Health Administration’s vaccine-or-test rule on U.S. businesses with at least 100 employees.
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Posted inBusiness, Nation & World, News
U.S. jobless claims rise to the highest level since mid-November
The number of Americans applying for unemployment benefits rose by 23,000 to 230,000.
Posted inBusiness, Maine
Pingree and Collins press Postal Service for answers on mail delays
Some Maine residents have complained in recent weeks that regular mail is being delayed for days or going undelivered.
Posted inBusiness, Nation & World
Sweden to help households as electricity prices soar
Homeowners have started adopting strategies to lower their consumption – turning down the heating, closing off rooms, using alternative heat sources like wood log burners and wearing thick woolly socks.
Posted inBusiness, Nation & World
Stocks edge higher as inflation report keeps rate hikes on track
The modest gains were led by technology stocks, which have been choppy in recent days.
Posted inBusiness, Nation & World
Senate Democrats push rival bill sanctioning Russia over Ukraine
They seek to derail a Republican proposal that the White House fears could undermine unity with European allies.
Posted inBusiness, Nation & World
U.S. posted smallest monthly deficit in 2 years in December
In the October-December period, government revenues were up 30.1% compared to the same period a year ago.
Posted inBusiness, Nation & World
Interior to hold auction for offshore wind power in New York, New Jersey
The Biden administration says it will hold its first offshore wind auction next month
Posted inBusiness, Kennebec Journal, Maine
Anonymous $500,000 gift to Johnson Hall prompts Gardiner theater to begin effort to double amount
The $500,000 gift from an anonymous donor will fund a match challenge to cover the cost of renovating the 400-seat theater at Gardiner’s historic opera house that’s scheduled to get underway in April.