The agreement is meant to deter multinational corporations from stashing their profits in offshore tax havens.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Google cracks down on climate change denial by targeting ads
The company says the new policy will also apply to YouTube, which last week announced a sweeping crackdown of vaccine misinformation.
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Posted inBusiness, Nation & World, News
Trump hotel in D.C. lost $70 million during his presidency
Documents released by a congressional committee show steep losses despite a brisk business from lobbyists, businesses and Republican groups.
Posted inBusiness, Kennebec Journal, Maine, Morning Sentinel, Schools and Education
As pandemic job market rebounds, central Maine college grads see abundance of opportunity
Universities in central Maine say their students have far more options as they enter the work force, and employers are coming to schools more often and earlier looking to recruit.
Posted inBusiness, Nation & World, News
Delta variant and worker shortage keep a lid on job growth
September’s sluggish gain of 194,000 jobs fell shy of even the modest 336,000 that the economy added in August and were the fewest since December, when employers actually cut jobs.
Posted inBusiness, Maine
Portland-based Wex mandates vaccinations for all in-office workers
The policy comes a few weeks before a federal rule requiring vaccinations or weekly COVID tests for workers at large companies is to take effect.
Posted inBusiness, Nation & World
Microsoft: Russia behind 58% of detected state-backed hacks
A report by the company also cites ransomware attacks as a serious and growing plague, with the United States by far the most targeted country.
Posted inBusiness, Maine, Morning Sentinel
Starks couple get OK to move forward with proposed wilderness campsites among alpacas
A Starks couple can now move forward with a new camping business enterprise at their alpaca farm. When complete, the campground, will be open for business May 1-Oct. 31.
Posted inBusiness, Maine
Backers of consumer-owned utility aim to thwart bid to require voters’ approval of debt
The back and forth escalates between supporters and foes of replacing Central Maine Power with a consumer-owned entity.
Posted inBusiness, Nation & World, Politics
U.S. dodges default crisis – for now – as Senate votes to extend borrowing
The 50-48 vote in support of the bill to raise the government’s debt ceiling by nearly a half-trillion dollars brought instant relief, but it provides only a reprieve.