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Record GDP growth in the third quarter of 2020 reflects increased consumer spending and other positive signs of an economic recovery
Surge in consumer spending and healthy investment in business and residential services helps fuel growth
GDP remains below pre-pandemic levels, with some troubling signs such as rising COVID-19 cases and a slowdown in hiring
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Thriving wind industry struggles with delays and supply chain disruptions during COVID-19 pandemic
One estimate puts wind developments at 30 percent below forecasts for 2020
Despite challenges, American Wind Energy Association reports considerable progress in wind developments in the second quarter of the year
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5G wireless networks can support a greater number of devices per square mile and provide vast improvements to speed, capacity, and coverage
The new generation of wireless technology is expected to greatly improve logistics at in transportation and warehousing
Greater autonomy could be supported under 5G
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House proposal would allow small banks and credit unions to exempt Paycheck Protection Program loans from regulators’ calculations of their assets
Community lenders have raised concerns that participating in PPP might swell their assets enough to make them subject to new regulatory requirements
Measure could also encourage small lenders to continue offering PPP loans if the program receives new funding
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Restaurants have been one of the hardest hit industries during the COVID-19 pandemic, but have survived through innovation and adaptability
Food service business openings on pace with 2018 despite headwinds
Colder weather, rising COVID-19 cases present challenges in near term
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Economic Injury Disaster Loans made available to aquaculture concerns, small businesses, and others in Connecticut affected by drought
Hot, dry summer has led to depletion of groundwater and request for voluntary water conservation measures
Loans of up to $2 million available to entities that suffered economic losses due to the drought
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Senate departs Washington after vote to confirm Amy Coney Barrett to the Supreme Court, effectively killing any possibility of a vote on new economic stimulus before Election Day
Efforts to come to a consensus on COVID-19 relief have failed to produce a consensus since the expiration of earlier provisions over the summer
Outcome of the election will likely influence what a stimulus bill looks like and how soon it will pass
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Study finds that employees who display photos of loved ones in their workspace are less likely to commit unethical behavior than those who don’t
Theory that the photos help decrease thinking that prioritizes economic norms, which in turn helps to reduce minor transgressions
Findings could help companies to reduce padded expense reports and other financial malfeasance that can affect a company’s profits
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Democratic presidential candidate Joe Biden calls for a transition away from fossil fuels, prompting criticism from Republicans and some members of his own party
Oil companies show concern but not alarm at position, expecting that oil and gas will be necessary for many years
With growth in the renewable sector and an oil slump earlier this year, energy firms are positioning themselves for a shift to green
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Disagreements between company founders can be a major factor undermining a startup’s chances of success
Set areas of responsibility can help avoid friction when establishing a company
Personality type is also an important consideration
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