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As Thefts Become More Brazen, How Can Retail Businesses Respond?

  • Retailers report an increase in theft, as well as more brazen behavior by shoplifters
  • Businesses can take several steps to prevent theft, but should be cautious when confronting someone suspected of stealing from their company
  • Employee theft should not be overlooked, as this represents a substantial portion of company losses
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SBA Puts Out Call for Nominations for 2022 National Small Business Week Awards

  • U.S. Small Business Administration opens nominations for awards to be issued as part of its 2022 National Small Business Week
  • Categories include specialties related to disaster response, federal procurement, and exports
  • Nominations must be received by the afternoon of Jan. 11
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Connecticut Economic Summit Updates Information on Speakers

  • Connecticut Economic Development Summit announces slate of speakers
  • Several government officials as well as representatives from 10 businesses or business organizations will discuss opportunities for economic development in Connecticut
  • The event takes place Dec. 2 and is the first large-scale in-person event from the Connecticut Department of Economic and Community Development since the start of the COVID-19 pandemic
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Business News Roundup, Nov. 16, 2021

Calls to tap the Strategic Petroleum Reserve, a forecast on oil production, skepticism about strengthened IRS enforcement, unions' call to expand the COVID-19 vaccine mandate to smaller employers, a suggestion to follow the timeline of the vaccine mandate despite court…

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How Vulnerable Is Your Industry to the Great Resignation?

  • The number of people quitting their jobs hits a new record high in September
  • Certain industries have been more vulnerable to worker departures, especially those requiring in-person work, lower wages, and harsher working conditions
  • Nondurable goods manufacturing, educational services see an uptick in quits
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Disaster Unemployment Assistance Program Available to Connecticut Residents Left Jobless Due to Hurricane Ida Remnants

  • Connecticut Department of Labor debuts Disaster Unemployment Program related to the remnants of Hurricane Ida in early September
  • Program helps those who lost work due to the storm and are ineligible for traditional state benefits
  • Applications must be submitted by Dec. 13
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How Can You Make Your Company a Fairer Workplace?

  • Employees who think their workplace is fair are more likely to perform better and less likely to quit
  • However, a recent poll suggests that only about one in five workplaces actually have high fairness
  • Tips on how companies can create a fairer environment
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Business News Roundup, Nov. 15, 2021

An appeals court maintains a block on a proposed COVID-19 vaccine mandate, an anticipated vote on a major social policy and environmental bill, an impending choice for the Federal Reserve chair, greater consumer pessimism amid persistent inflation, an ongoing low…

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Minority Business Development Agency to Become Permanent Under Infrastructure Legislation

  • The bipartisan infrastructure legislation to be signed today includes language to make the Minority Business Development Agency permanent and expand its scope
  • Initiatives include expanded grant-making capacities, new business centers to encourage young entrepreneurship, and the creation of a new under secretary in the Commerce Department
  • Agency seeks to address challenges that minority entrepreneurs face in areas such as access to capital, technical assistance, and mentors
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