Infowars filed for Chapter 11 bankruptcy protection as the website’s founder and conspiracy theorist Alex Jones faces defamation lawsuits over his lies that the Sandy Hook Elementary School shooting was a hoax.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness
Tax Day laggards: Consider filing for extension if in a rush
‘You’re much better off extending than amending,’ say Nina Tross at the National Society of Tax Professionals.
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Posted inBusiness, Local & State
Much of Maine’s pandemic relief funds for local governments is unspent
County and local governments have received $191 million in federal aid but some are taking a slow, deliberate approach to spending it.
Posted inBusiness, News
Central Maine business briefs: Hight Ford recognized as elite Ford dealer for third straight year
People & Places: Workshops, leadership training and promotions announced.
Posted inBusiness, Nation & World
Modest-income buyers being priced out of new-vehicle market
The most affluent buyers keep plunking down big money for new vehicles, including the least fuel-efficient among them – trucks, SUVS, large sedans.
Posted inBusiness, Nation & World
Biden picks Michael Barr for Fed’s bank regulation post
The selection of the dean of the University of Michigan’s public policy school comes after the president’s first choice, Sarah Bloom Raskin, withdrew her nomination in the face of opposition from Republicans and one Democrat.
Posted inBusiness, Local & State, Politics
Legislature approves reimbursing towns that allow retail marijuana sales
The bill aims to increase the number of municipalities participating in the adult-use program.
Posted inBusiness, Local & State, Morning Sentinel
Ulta Beauty to open store in Waterville plaza
A spokeswoman for Ulta Beauty said the store is in the early stages of planning but is scheduled to open later this year.
Posted inBusiness, Local & State, Politics, Sports
Maine House advances bill to legalize sports betting
The bill would grant Maine’s tribes with exclusive rights to operate all mobile sports betting in the state, while casino operators would be allowed to conduct in-person sports betting.
Posted inBusiness, Nation & World
Twitter adopts ‘poison pill’ defense in Musk takeover bid
The strategy would allow existing shareholders to buy additional shares at a discount, diluting the ownership stake of billionaire Elon Musk, who has offered to buy the company for $43 billion.