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Cut the Zoom Video Feed: The Environmental Costs of Remote Work and How Workers Can Reduce Their Footprint

  • Researchers analyze the carbon, land, and water costs of remote work
  • Work from home arrangements have cut emissions substantially due to the elimination of commutes, but increased internet use has its own environmental impact
  • Study advises turning off the camera during video conferencing and reducing video quality to help minimize impact
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Isabel Guzman, Biden’s Pick for SBA Administrator, Would Lead the Agency at a Critical Time

  • Business groups urge Congress to quickly set up a confirmation hearing for Isabel Guzman, President Joe Biden’s choice to head the U.S. Small Business Administration
  • The SBA has taken on a more prominent role during the COVID-19 pandemic as it oversees billions of dollars in emergency relief to small businesses
  • Guzman previously worked at the SBA and has recently overseen California’s business assistance efforts during the pandemic
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Lamont Named Co-Chair of Governors’ Task Force on Pandemic Response

  • Governor Ned Lamont appointed co-chair of one of three National Governors Association task forces
  • Pandemic and Disaster Response Task Force will address issues related to the COVID-19 pandemic, disaster response, cybersecurity, and health care
  • NGA has established additional task forces on community renewal and economic recovery and revitalization
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60,000 Borrowers Receive More Than $5 Billion in Paycheck Protection Program in First Week

  • Opening week of Paycheck Protection program sees approval of 60,000 forgivable loans totaling over $5 billion
  • Initial applications were limited to community financial institutions
  • Program has $284.5 billion available and will be open until March 31 or until funds are exhausted
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Business News Roundup, January 20, 2021

Janet Yellen's testimony before the Senate, how JPMorgan sees stimulus affecting unemployment, potential changes to the housing industry, how the COVID-19 pandemic has affected bicycles and startups, and a pitch for recreational marijuana taxation in Connecticut are some of the…

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Connecticut Taking Three-Tiered Approach to Phase 1b of COVID-19 Vaccine Distribution

  • Second phase of COVID-19 vaccine distribution in Connecticut will be split into three tiers
  • Residents ages 75 and older receive first priority, followed by ages 65 and older, frontline essential workers, those with underlying medical conditions, and residents in congregate housing
  • Lamont urges patience due to limited amount of vaccine being supplied each week
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Pandemic Challenges Open Opportunities for Tenants with New Retail Businesses

  • Commercial landlords have been more willing to make concessions during the COVID-19 pandemic
  • Lower rents, deferred payments, and other relief aim to avoid large-scale vacancies
  • Retail is in the midst of a major shift, with some trends predating the pandemic
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Entrepreneurship as a State of Mind

  • Entrepreneurs can easily sabotage their business if they approach it with the wrong attitude
  • A business coach weighs in on common viewpoints that can foster success
  • Knowing your motivations and goals, understanding that there will be challenges, and more
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Are You Eligible for an EIDL Grant?

  • Stimulus bill provides $20 billion more for Economic Injury Disaster Loan grants
  • Grants of up $10,000 available to small businesses in low-income communities that have suffered major revenue losses due to COVID-19
  • Opening of application portal has been delayed but is expected to debut soon
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