Starting this fall, the money is expected to be used on projects to reach rural areas.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Nation & World
Senate approves Michael Barr to Federal Reserve post
For the first time in roughly a decade, all seven seats on the Fed’s board are now filled.
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Posted inBusiness, Nation & World
U.S. weekly jobless claims at highest point in nearly 8 months
Overall demand for workers remained strong. There are nearly two job openings for every unemployed person.
Posted inBusiness, Nation & World
Is Twitter down? Service appears to return after outage
Users began reporting the outage around 8 a.m. EDT.
Posted inBusiness, People on the Move
On the move
NEW HIRES Chelsea Moeller has joined Thomas College as vice president for advancement. Moeller most recently served as the director of donor engagement and capital projects for the Children’s Center in Augusta, where she completed a $5.3 million capital campaign. Moeller also served as director of donor engagement at Kennebec Valley Humane Society. She also […]
Posted inBusiness, Nation & World
Amazon handed Ring footage to police without user consent
The disclosure comes as the company is facing broader antitrust scrutiny in Congress about its e-commerce business.
Posted inBusiness, Nation & World
Bill Gates gives $20 billion to stem ‘significant suffering’
He says he hopes ‘others in positions of great wealth and privilege will step up in this moment too.’
Posted inBusiness, Nation & World
U.S. regulators OK new COVID-19 shot option from Novavax
Tens of millions of Americans still need boosters that experts call critical for the best possible protection as the coronavirus continues to mutate.
Posted inBusiness, Nation & World
Rents in U.S. rise at fastest pace since 1986
In the 12 months through June, prices were up 5.8 percent.
Posted inBusiness, Nation & World, News
U.S. approves American Airlines flights to more cities in Cuba
The U.S. government is giving American Airlines permission to resume flights to five cities in Cuba outside the capital of Havana.