The $900 billion package that passed the House and Senate late Monday includes a $300-per-week unemployment benefit for the next 3 months and $600 stimulus checks for those making up to $75,000.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Maine Cannabis Report
Maine’s largest cannabis company sues to open state’s medical marijuana market to outsiders
Wellness Connection claims the U.S. Constitution gives nonresidents a right to own medical marijuana dispensaries in Maine.
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Posted inBusiness, Maine, Morning Sentinel
Appeal of Dunkin’ move to Unity’s downtown denied
The Unity Planning Board of Appeals decided to deny the appeal 5-0, allowing Dunkin’ to move forward with plans for their new location.
Posted inBusiness, Maine
Defense bill with BIW provision stuck on Trump’s desk
After being passed by the House and the Senate, President Trump has until Wednesday to sign or veto the National Defense Authorization Act.
Posted inBusiness
Stocks fall on worries about virus’ spread, but pare losses
The emergence of a new, potentially more infectious strain of the coronavirus raises worries that the economy is about to take even worse punishment.
Posted inBusiness
McDonald’s sells Spam burger with cookie crumbs in China
The ‘Lunchmeat Burger’ is part of a series of members-only promotions, the company says.
Posted inBusiness, Nation & World
Congress’ rescue aid: A dose of support, but is it enough?
The package will provide urgently needed benefits to the unemployed, loans to help small businesses stay open and up to $600 in cash payments to most individuals.
Posted inBusiness, Nation & World
The holidays could make or break struggling stores
For some retailers, it could be their last chance at survival. And even a last-minute sales boost could be too late to save them.
Posted inBusiness
Bergman succeeds Horn as Disney Studios chairman
Alan Bergman has worked at Disney for 24 years and served as president of Walt Disney Studios from 2005 to 2019.
Posted inBusiness, Nation & World
Congress approves $900 billion COVID-19 relief bill, sending it to Trump’s desk
The bill includes individual payments reaching $600 for most Americans and an extra $300 a week in unemployment benefits.