The congresswoman wants answers about a $1.2 million Paycheck Protection Program loan to Common Ground Organic Farm, which organic farmers including Pingree had never heard of before the Portland Press Herald reported on it.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World
Weakness in tech companies leads stocks lower on Wall Street
But investors still have an appetite for IPOs as meal delivery service DoorDash soars 85.8 percent in its market debut.
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Posted inBusiness, Nation & World
Weeks after election, YouTube cracks down on misinformation
The Google-owned video service says it will remove newly uploaded material that claims widespread voter fraud or errors changed the outcome.
Posted inBusiness, Local & State
Maine to make one-time $600 payments to jobless residents
Thousands of Mainers who could lose unemployment benefits if federal programs expire this month will receive payments under the state’s new Pandemic Relief Program.
Posted inBusiness, Local & State, Nation & World, News
U.S. government, states sue Facebook for ‘predatory’ conduct
The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James, whose state was joined by Maine and 44 others.
Posted inBusiness, Local & State, News
Jay mill announces it will permanently idle paper machine, not rebuild pulp mill
Pixelle also announced it has established a $1 million fund to support job retraining for former mill employees displaced as a result of the Androscoggin Mill pulp digester explosion in April.
Posted inBusiness, Food & Dining
The Wrap: Reopenings, another Otto and 96 years of Miller Time
Terlingua’s back and bigger than ever, plus a chance to get a deal on a meal out.
Posted inBusiness, Local & State
Maine launching seafood brand to reel in pandemic-stranded home cooks
With restaurant business in short supply, Maine is using $1 million of its federal COVID-19 seafood relief funds to promote the ‘Maine Knows Seafood’ program.
Posted inBusiness, Local & State
Hundreds of Maine fishermen to get coronavirus aid by Jan. 1
The aid was made available for commercial fishermen, aquaculturists, fishing charter operators and seafood dealers and processors who suffered losses because of the pandemic.
Posted inBusiness, Local & State
Maine organic farm no one has heard of got a $1.2 million federal relief loan
Records show that Bridgton-based Common Ground Organic Farm LLC received the loan through the Paycheck Protection Program, even though no such company is registered in Maine.