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Biden Urges Continued Mask Mandates, Says Some States Should Pause Reopening

  • President Joe Biden says some states should pause reopening efforts in response to reporter question
  • Remarks on COVID-19 follow impassioned plea from CDC director earlier in the day
  • Connecticut has eased several business restrictions but maintained public health safety protocols
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Certain Diseases and Disabilities to Receive Priority Access When Connecticut Opens COVID-19 Vaccine General Eligibility on Thursday

  • Connecticut aims to give priority to several medical conditions as well as developmental and intellectual disabilities when general COVID-19 eligibility opens up on Thursday
  • Transition to age-based vaccine distribution led to some criticism that residents with medical conditions were being left behind
  • State’s plans also include clinics at high schools and colleges this spring
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Further Lifting of Connecticut Restrictions Expected in Coming Weeks, But Rising COVID-19 Cases Prompt Warning

  • Governor Ned Lamont says a further relaxation of Connecticut business restrictions could be announced in coming weeks
  • Capacity restrictions have largely been lifted in Connecticut, with major events venues and destinations set to be permitted to reopen with some restrictions on Friday
  • Lamont says he is monitoring COVID-19 data as infections tick up in the Northeast and nationwide
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Want to Build a Space Station? NASA Offering Up to $400 Million For Development of Low-Earth Orbit Habitats

  • NASA set to debut Commercial LEO Destinations project for the development of private space stations
  • Goal is to provide a self-sustaining low-Earth orbit economy that can cater to private customers as well as the government
  • Up to $400 million to be awarded to as many as four companies
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In Addressing Sustainable Development Goals, Companies Align With Economic Development But Lag on Environment

  • Analysis looks at how thousands of companies around the world are aligned with the United Nations’ Sustainable Development Goals
  • Economic growth and gender equality are areas where businesses are most likely to be aligned
  • Despite green initiatives, environmental goals are where businesses are most likely to be misaligned
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Connecticut’s Planned Child Care Investments Aim to Provide Support to Workers

  • Governor Ned Lamont announces plan to invest $210 million of federal funds in strengthening Connecticut’s child care programs
  • Initiative aims to provide support to working families, especially those shifting careers after being displaced by COVID-19
  • Plan would also provide millions in grants to child care providers
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Business News Roundup, March 29, 2021

Some good news from the Suez, a mileage tax reassurance, increased retirements, late year strength in Connecticut's economy, and upcoming expanded vaccine access are among the top business news items this morning. National A massive container ship blocking the Suez…

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State Small Business Credit Initiative Gets $10 Billion Boost Under ARP

  • American Rescue Plan revives the State Small Business Credit Initiative
  • Program receives $10 billion, including $4 billion in targeted assistance
  • Initiative aims to leverage capital and lending investments in small businesses
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UPS Store Virtual Small Biz Challenge Gives Entrepreneurs A Chance to Win $25,000

  • UPS Store contest, in partnership with Inc. magazine, gives small businesses a chance to win up to $25,000
  • Applicants will be judged on submissions telling how they have endured the challenges of the COVID-19 pandemic and how they will use the money if they win
  • Prize winners also receive a feature article and a video shoot to be featured on UPS Store and Inc. social media
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Senate Approves PPP Extension to May 31

  • Senate votes 92-7 to extend Paycheck Protection Program deadline to May 31
  • Measure goes to President Joe Biden for his signature
  • Senator Ben Cardin promises support for making revised non-employer loan formula retroactive to previous borrowers
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