The president wants to give drivers a break from gas taxes. Will it help bring down soaring prices?
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Nation / World
Why Maine gas prices are slightly higher than the national average
Spiking gas prices have weighed on motorists in every state this year, but the burden has not been evenly distributed.
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Posted inBusiness, Nation / World
FDA bans Juul e-cigarettes tied to teen vaping surge
Health officials have ordered vaping company Juul to pull its electronic cigarettes from the U.S. market
Posted inBusiness, Maine
Maine Med reaches $150 million goal for Portland hospital expansion
Still, the hospital is extending its goal by an additional $20 million for ‘further investments made necessary by the challenges of the COVID-19 pandemic.’
Posted inBusiness, Nation / World
Fewer Americans file for unemployment benefits
Much of the recent job security and wage gains that Americans have enjoyed recently has been offset by inflation levels not seen in four decades..
Posted inBusiness, Lewiston-Auburn, News
Auburn Planning Board opts to slow down residential rezoning process
The board said there had been insufficient public process to implement the zoning in several neighborhoods.
Posted inBusiness, Maine
Debate begins early over raising Portland’s minimum wage to $18
Voters will likely be asked in November if they want to increase the city’s minimum wage, which at $13 an hour is already above the statewide minimum and on its way to $15 in 2024.
Posted inBusiness, Nation / World, Politics
Here is how Biden’s proposed gas tax holiday would work
If savings from the 18.4 cents-a-gallon federal tax on gas are fully passed along to consumers, drivers would save about $2.76 for a 15-gallon fill-up.
Posted inBusiness, Maine, News
Augusta Chipotle restaurant workers may be first in nation to unionize following health, labor concerns
Workers delivered a petition and letter of intent to Chipotle Mexican Grill management Wednesday, saying they are forming a union.
Posted inBusiness, Nation / World, News
Biden calls for three-month suspension of gasoline, diesel taxes
The president’s push faces uphill odds in Congress, which must act in order to suspend the taxes, and where many lawmakers, including some in his own party, have expressed reservations.