skip to Main Content
MSJ NEWS see latest news

Business News Roundup, June 18, 2021

A new federal holiday, train on the SBA, recreational marijuana legalization in Connecticut, and a donation from offshore wind partners are among the top business news items this morning.


Some employees are getting an unexpected day off today after President Joe Biden signed a bill recognizing Juneteenth as a federal holiday. The June 19 holiday celebrates the emancipation of slaves following the Civil War.

Business trends

A Wall Street Journal feature analyzes the stresses the U.S. Small Business Administration has faced during the COVID-19 pandemic. The SBA was previously responsible for services such as guaranteeing small business loans, but its portfolio increased fivefold as it took charge of several federal relief programs, with some borrowers complaining of delays and other problems.


Governor Ned Lamont has indicated that he will sign legislation legalizing recreational marijuana use and regulating its sale after the measure passed the Connecticut Senate in a 16-11 vote. The legislation also takes steps such as training police officers on the latest techniques to recognize impaired driving and expunging certain cannabis-related criminal records.

Ørsted and Eversource, who are partnering on several offshore wind developments and spearheading an effort to convert New London’s State Pier into an offshore wind hub, have donated $950,000 to Project Oceanology. The funding will support the organization’s K-12 educational programs, with a specific focus on topics like climate change and clean energy.

Spread the Word

More To Explore

Expert Summaries

Know Your Competitors

By Denis Jakuc 

There are tons of benefits to knowing who your competitors are—what they’re offering, their strengths and weaknesses. That knowledge can help you make your products and services stand out,

Latest News

Join with Free InnovatorsLINK Account

Start accessing all the free member benefits and valuable content on the InnovatorsLINK platform. Create a BizLINK listing to boost brand exposure, receive the weekly Main Street Journal newsletter, engage in forums, get full access to free content, and more.