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Business
Local, state and national business news from the Sun Journal.
Maine unemployment claims hold steady but remain elevated
New claims for jobless aid stayed at historically high levels as state government relaxes remaining pandemic restrictions on businesses.
Supreme Court upholds FCC’s easing of local media ownership limits
The old rules prohibited a single entity from owning a radio or TV station and a daily newspaper in the same media market.
Some of America’s wealthiest hospital systems ended up even richer, thanks to federal bailouts
The bailouts were initiated last spring to help health-care providers ride out a once-in-a-century public health calamity.
U.S. jobless claims rise to 719,000 as virus still forcing layoffs
Though the pace of applications has dropped sharply since early this year, they remain high by historical standards.
Rent relief slowly making its way to Maine tenants and landlords
The latest 2 federal stimulus packages have earmarked a total of $352 million for Maine to keep tenants housed and cover amounts owed to landlords and utility providers.
S&P 500 climbs, closing out its fourth straight quarterly gain
Solid gains by Apple, Microsoft and Nvidia, and companies that rely on consumer spending, outweighed a pullback in financial, energy and materials stocks.
Nestle closes sale of bottled water brands in North America
One Rock Capital Partners, in partnership with Metropoulos & Co., has assumed ownership of brands including Poland Spring.
Under pressure, some big Georgia corporations slam voting bill
The chief executives of Delta Air Lines and Coca-Cola call the law ‘unacceptable,’ opening an unusual rift with Republican leaders who championed the legislation
Auburn’s Maine Gourmet Chocolates expands
• New Hampshire developer talks plans for Lewiston’s Continental Mill
• Can you guess Mainers’ favorite Easter treat?