A White House spokeswoman said the Justice Department would continue to defend the mandate.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Billionaires’ wealth surged to record during pandemic, report says
The 2,750 of them accumulated $4.1 trillion during a pandemic that put 100 million people into extreme poverty.
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Posted inBusiness, Nation & World
Travel bans killing South Africa’s safari tour business
Lodges are experiencing cancellations and few new reservations.
Posted inBusiness, Maine, News, Politics
Long-term state revenue projections ‘volatile,’ Maine lawmakers told
The words of caution come as the Legislature prepares to debate what it should do with $822 million in additional revenue being projected for the current two-year budget.
Posted inBusiness, Maine, News
Madison widow sues Wisconsin company hired to clear cut NECEC transmission corridor
Shannon Rollins-Allen alleges that Northern Clearing Inc. should be held accountable for her injuries and the death of her husband when their vehicle was struck by a truck driven by a company worker.
Posted inBusiness, Maine, News
Small Pennsylvania company behind serious accusations against CMP parent
Security Limits CEO Paulo Silva says he consulted for Avangrid and helped it implement his cybersecurity system designed to protect industrial infrastructure from attacks.
Posted inBusiness, Maine, News
Regulators watch lawsuits between CMP’s parent company and contractor that accused it of fraud
A contractor’s federal lawsuit accuses Avangrid of price-fixing and overpaying for products, while the energy company has accused the contractor of attempted extortion.
Posted inBusiness, Nation & World
Regulators scrutinize Trump media venture; Rep. Devin Nunes named CEO
The SEC could be looking at whether a blank-check company that aims to take Trump Media & Technology Group public violated the law by holding merger discussions and misleading potential investors by failing to inform them before its recent IPO.
Posted inBusiness
Big companies look to Senate to ease budget bill’s minimum tax
Some of the largest U.S. corporations are looking for new exemptions from the budget reconciliation bill’s minimum tax on income reported to shareholders, arguing it could depress economic activity, including financing pensions for millions of workers and investing in clean energy projects. Since it became clear in late October that the 15 percent minimum tax […]
Posted inBusiness, Maine Cannabis Report
New Mexico approves public financing for cannabis businesses
The state’s finance authority is planning for a $5 million line of credit for entrepreneurs, with an average loan size of about $100,000.