Seniors will pay higher premiums so Medicare can set aside a contingency fund to cover Aduhelm.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
What caused Amazon’s outage? Will there be more?
Tuesday’s disruption raises questions about the vulnerability of the internet and its domination by a handful of big tech firms.
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Posted inBusiness, Nation & World
Judge blocks Biden’s vaccine mandate for federal contractors
A White House spokeswoman said the Justice Department would continue to defend the mandate.
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.
Posted inBusiness, Nation & World
Travel bans killing South Africa’s safari tour business
Lodges are experiencing cancellations and few new reservations.
Posted inBusiness, Local & State, 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, Local & State, 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, Local & State, 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, Local & State, 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.