Interest rates will remain at zero percent and debt collection efforts will be suspended.
Business
Local, state and national business news from the Sun Journal.
Pfizer pill becomes the 1st U.S.-authorized home COVID treatment
Paxlovid is a faster, cheaper way to treat early infections than current drugs, though initial supplies will be extremely limited.
U.S. investigates potential of drivers playing video games in Teslas
The probe by the National Highway Traffic Safety Administration covers about 580,000 electric cars and SUVs from model years 2017 through 2022.
Maine employers told to prepare to implement federal vaccine mandate
Though the rule has been appealed to the U.S. Supreme Court, it is set to begin taking effect in less than three weeks.
U.K. to give $1.3 billion in aid to businesses hurt by omicron
The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.
Biden administration moves to expand solar power on U.S. land
Almost 1,400 square miles of public land has been identified, and if developed, could produce enough electricity for 29 million homes.
Omicron casts new shadow over economy’s pandemic recovery
One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
Portland law firm Verrill to ‘combine’ with Boston firm
Neither firm is buying the other, but the combined entity will operate under the Verrill name.
Anonymous diner at Legends Sports Bar & Grill picks up all the open tabs, leaves $1,000 tip
As servers let other diners know, “of course, everybody was pretty excited and the holiday cheer was very evident,” owner Melinda Small said.
Mallside retail center in South Portland sold for $20 million
The buyer, Wood Hill Realty Associates LLC, plans to make improvements to the property, including a parking lot renovation.