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Businesses Await Guidance on COVID-19 Vaccination vs. Testing Procedures

  • White House office is reviewing COVID-19 vaccine mandate drafted by the Occupational Safety and Health Administration
  • Biden administration has proposed mandating the vaccine for workers at companies employing at least 100 people
  • Rule is expected to address numerous questions, including when the mandate would go into effect and who would be responsible for the cost of testing
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Connecticut Economic Development Summit Coming Dec. 2

  • Connecticut Economic Development Summit to take place on Dec. 2
  • Event marks the return of large-scale events from the Connecticut Department of Economic and Community Development
  • Half-day conference will cover topics such as Connecticut’s COVID-19 response and opportunities the state has for future economic development
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CIOs See Investments in AI, Cloud Technology as Improving Resilience

  • Survey of chief information officers and technology executives places importance on artificial intelligence and distributed cloud technology for helping businesses adapt to uncertain circumstances
  • Such investments help pursue a “composable business” strategy to better endure unexpected situations
  • Two-thirds of respondents say they plan to invest in cybersecurity next year
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A Brighter Future for Downtown Businesses?

  • Retail and real estate consultant offers forecast on the future of downtown economies
  • Downtowns have endured numerous economic challenges through a balance of retail, dining, and entertainment
  • In Connecticut, the number of small businesses has grown by 9 percent and restaurant openings outnumber closings in some cities
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Business News Roundup, Oct. 20, 2021

COVID-19 vaccine expansion to younger children, a look at the labor shortage, a pared back proposal for bank disclosures of customer accounts to the IRS, the American Rescue Plan's effect on inflation, panic ordering and supply chains, and diminished hotel…

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Poll: Women Half as Likely as Men to Think They Have Equal Job Opportunities

  • Gallup poll finds the share of people who think women have equal job opportunities compared to men at its lowest point in two decades
  • Just one-third of women said they think they have the same job opportunities as men
  • Poll also finds considerable support for affirmative action programs for women
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SEC Small Business Advocate Highlights Capital Access Tools For Entrepreneurs

  • The Advocate for Small Business Capital Formation at the Securities and Exchange Commission spotlights two tools that help simplify the process of raising capital
  • A glossary helps cut through the jargon of capital raising, while a beta launched navigator tool helps entrepreneurs find financing based on their own circumstances
  • The official also highlighted other trends and misconceptions in entrepreneurialism and raising capital
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Finding Opportunities to Start a Small Business in Your Small Town

  • Small towns are often ripe for entrepreneurial opportunities since they lack businesses offering in-demand products or services
  • Assessing a community to determine what kind of business will be popular with residents
  • This assessment should also consider other factors such as whether you’ll have the knowledge and customer base necessary to sustain the business
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DOL Job Corps Resumes Enrollment for In-Person Instruction and Training

  • Department of Labor lifts remaining restrictions on its Job Corps program
  • Program offers job training and educational experiences for students ages 16-24
  • Enrollment had been restricted due to the COVID-19 pandemic and the residential aspects of Job Corps
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