Funding would come from a hike on corporate taxes that would aim to raise the needed money over 15 years and later reduce the deficit.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
New York is latest state to legalize recreational marijuana
The Empire State could become the East Coast’s largest recreational marijuana market – generating a potential $2.3 billion in annual sales by its fourth year, a trade publication estimates.
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Posted inBusiness, Nation & World, News
Delta joins other U.S. airlines in ending empty middle seats
The decision announced Wednesday reversed a policy that had been in place since last April.
Posted inBusiness, Maine, News
Maine Lobster Festival cancels again for 2021
The 2020 Festival also was canceled because of the COVID-19 pandemic.
Posted inBusiness, Food & Dining
The Wrap: New restaurants, reopenings, and a new chef
Learn about Bayonne ham, cook at The Castle, and order Easter dinner.
Posted inBusiness, Maine
Mills commits state agencies to ‘lead by example’ in climate change fight
The governor said the state will follow a new report’s blueprint for making government operations more climate-friendly.
Posted inBusiness, Maine, News
Restaurants’ complaints lead Portland to look at regulating food delivery services
Two city councilors are drafting a proposal to require third-party food delivery services to have a formal agreement with the restaurants before offering delivery.
Posted inBusiness, Maine
PPP loan applications extended until May 31
Maine employers have 2 more months to apply for the program, which has brought more than $3 billion to the state over the past year.
Posted inBusiness, Health, Nation & World
BioNTech raises COVID vaccine target to 2.5 billion doses
The company also announced it’s developing two new formulations: a ready-to-use vaccine that can be stored at fridge temperatures and a freeze-dried version that could be stockpiled.
Posted inBusiness, Maine
Appeals court hears arguments in CMP power line case
At issue is whether the court should reconsider a lower court’s decision that allowed the bulk of construction on the project to continue.