Sixty Senators needed to vote to open debate on its version of the National Defense Authorization Act, but that vote failed 45-51.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Stock losses deepen after Fed hints it may dial back aid faster
Investors are worried about the impact of a new coronavirus variant, omicron, about which little is known yet.
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Posted inBusiness, Nation & World
Amazon accused of under-reporting coronavirus cases contracted at work
Of the almost 20,000 employees the company said contracted the coronavirus last year, Amazon maintains only 27 potentially caught it at work.
Posted inBusiness, Nation & World
U.S. consumer confidence falls in November to nine-month low
U.S. consumer confidence was held back by rising worries about inflation and lingering concerns about the coronavirus.
Posted inBusiness, Maine, News
Summer hotel, restaurant spending smashed record in Maine
Nearly $2.5 billion was spent in hotels and restaurants in Maine between June and September, blowing past the mark set in 2019.
Posted inBusiness, Nation & World
Amazon workers in Alabama get a do-over in union vote
The company spent a year aggressively campaigning for warehouse employees to reject organizing, which they did by a wide margin.
Posted inBusiness, Nation & World
Want your holiday gifts to arrive on time?
Here are the deadlines from USPS, UPS and FedEx:
Posted inBusiness, Nation & World
Stocks rise as Wall Street steadies after omicron slide
Friday’s tumble may have been exacerbated by many traders taking the day off after Thanksgiving.
Posted inBusiness, Nation & World
Powell says COVID variant clouds inflation, economic outlook
The Federal Reserve chair will deliver prepared remarks to the Senate Banking Committee on Tuesday.
Posted inBusiness, Maine
Environmental groups seek suspension of power line project’s federal permits
The groups have asked the U.S. Army Corps of Engineers and U.S. Department of Energy to suspend permits for New England Clean Energy Connect, citing the project’s other recent setbacks.