Congress’ pandemic relief package covers a lot of ground.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State
Maine home sales continue to break records despite pandemic
Prices continue to rise in Maine’s housing market, making it difficult for young families to get their foot in the door.
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Posted inBusiness, Nation & World
Justice Department suing Walmart, alleges company helped fuel opioid crisis
The suit alleges the company unlawfully dispensed controlled substances through its pharmacies.
Posted inBusiness, Nation & World
Virus mutation, looming Brexit puts Britain in uncertain isolation
Stranded Europe-bound truckers are hoping to receive the green light to get out of Britain soon, after some of the most dramatic travel restrictions of the pandemic were imposed on the country following the discovery of a potentially more contagious strain of the coronavirus
Posted inBusiness, Local & State
State delivers $600 checks to 40,000 jobless Mainers
The one-time payment will go to those unemployed because of COVID-19 as the state prepares to start new federal jobless benefits.
Posted inBusiness, Nation & World
Beer, restaurants and NASCAR win tax breaks in virus relief bill
Tucked in among more than 5,000 pages of legislative text, Congress’s bill providing COVID-19 relief and 2021 government funding includes dozens of tax breaks for beneficiaries ranging from downtown restaurants and the film industry to motorsports racetracks. And many of the benefits will stick around long after the pandemic is over. Besides granting temporary tax […]
Posted inBusiness, Local & State
Passage of federal pandemic aid bill gives Mainers glimmer of hope despite shortcomings
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.
Posted inBusiness, Local & State, 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.
Posted inBusiness, Local & State, 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, Local & State
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.