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November 21, 2022Edition

🔒Policy shifts, macroeconomics dominate year-end small business tax strategies

With just weeks left in the year, businesses can still take actions that will benefit their 2022 tax position. These strategies fall into two categories.

🔒Bordonaro: Workforce development, tax/spending policies should be key focus areas in 2023

Two key focus areas for the business community this session will be workforce development and tax and spending policy. Both could have major impacts on Connecticut’s short- and long-term economic performance, which has been uneven over the past year.

🔒Employers turn to amenities to lure workers back to the office

Thanks to ever-evolving innovations in workspace revamps, and employers recognizing the vital need for work-life balance, amenities are becoming office-place fixtures.

🔒CT Green Bank driving private investment in climate tech through crowdfunding, partnerships

Over the past decade, as Connecticut has tried to develop ecosystems around key growth sectors — including...
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🔒As more companies plan in-person holiday parties, restaurants prep for much-needed business boost

As the holiday season approaches, many local restaurants are seeing the return of in-person company parties after more than two years of maneuvering through the pandemic.

🔒With new customs facility, hangar expansion, Waterbury-Oxford Airport aims for higher profile

Once owned by a private pilot who made his hobby of flying single-engine planes a business, the Waterbury-Oxford Airport has grown expeditiously since it opened for public use in 1969, and is in the midst of a major expansion that includes the recent opening of a U.S. Customs and Border Protection office to service international flights.

🔒Amid fight for control of Sikorsky Airport, advocates push for commercial passenger service

Sikorsky Memorial Airport has a rich history dating back to 1911, when it was the site of the country’s first air show. Since then, the Stratford-based airport has undergone numerous name changes and, most recently, a power struggle over its future.

🔒Bradley International Airport aims to become a Northeast cargo hub

With air travel gradually ramping up again following the COVID-19 pandemic, Bradley International Airport is turning its sights on another goal: establishing the Windsor Locks-based airfield as a Northeast cargo hub.
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🔒Hartford officials eye 80 acres of closed trash-burning plant site for redevelopment

After decades burning much of Connecticut’s garbage, Hartford officials hope to see a roughly 80-acre property around a recently closed trash-to-energy plant in South Meadows used for economic redevelopment.

🔒BofA strengthens CT deposit market share lead, as Chase Bank’s regional expansion leads to significant growth

Bank of America has widened its deposit market share lead in Connecticut, even as it has shrunk its branch footprint over the past year.

🔒Two years in, effort to replace burdensome Transfer Act not expected to be completed until 2024

There was a big round of applause as Department of Economic and Community Development Commissioner David Lehman...

🔒With $9M federal contract, diesel engine developer LiquidPiston eyes more engineers, space

LiquidPiston, a Connecticut technology company that’s been working diligently to develop a super-efficient version of a diesel engine for some 20 years, just scored a significant new contract with the Department of Defense.
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🔒Sun Life debuts new downtown Hartford home

Global financial services firm Sun Life celebrated its move to Hartford’s Gold Building today with a ribbon...

🔒Indus Realty has $11M deal to sell remaining office/flex properties in CT

Major Connecticut landlord and developer Indus Realty Trust has a deal in place to fully exit its office/flex building portfolio in the state, according to the company’s third quarter earnings report.
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