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Month: January 2021

Foreign companies are giving up on the United States and betting big on China, report says

Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the Covid-19 pandemic. Direct investment in the US by foreign companies plummeted 49% to $134 billion last year, according to a report released Sunday by the United Nations Conference on Trade and Development. By contrast,

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Barred from Capitol due to pandemic, Connecticut lobbyists face hurdles during critical legislative session

Click here for updates on this story     HARTFORD, Connecticut (Hartford Business Journal) — Swearing in of lawmakers, organizational committee meetings, and other rituals marking the start of the state legislative session may seem a tad corny or incidental for some, but you can bet your bottom dollar that most lobbyists will be present. Count DeVaughn

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Tech entrepreneur’s latest venture sees surging demand amid pandemic

Click here for updates on this story     HARTFORD, Connecticut (Hartford Business Journal) — About eight years after Chris Allen founded smart home technology company iDevices, the Avon-based business was generating about $100 million in annual revenue. He eventually sold iDevices — which develops and sells smart switches, plugs, sockets, outlets, thermostats and other devices —

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The megarich have already recovered from the pandemic. It may take the poor a decade to do so

Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More than a decade is how long it could take the world’s poorest to recover, according to Oxfam International’s annual inequality report. The report, released on Sunday ahead of the World Economic Forum’s virtual

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For woman on ventilator after contracting COVID-19, a series of ‘progress and setbacks’

Click here for updates on this story     DANVILLE, Virginia (Danville Register & Bee) — Rebecca Wright was trepidatious about going to her family’s Christmas Eve gathering in person. “Rebecca said she didn’t want to go, that we shouldn’t be gathering,” her husband, Ben Wright, recalled. Soon after their get-together with her parents, son and her

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Five people including a pregnant woman were killed in Indianapolis’ ‘largest mass casualty shooting’ in more than a decade

Five people and an unborn child were killed Sunday after an early-morning shooting in Indianapolis’ northeast side, police said — an incident the mayor called “a mass murder.” A juvenile was also in critical condition after being shot in the incident, which marks Indianapolis’ “largest mass casualty shooting in more than a decade,” according to

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Indianapolis police looking for suspects in the fatal shooting of five people and an unborn child

No arrests or suspects have been announced in what the Indianapolis police chief calls the city’s largest mass casualty shooting in more than a decade. Five people and an unborn child were killed early Sunday on Indianapolis’ northeast side, police said. A juvenile was also in critical condition after being shot, Indianapolis Metropolitan Police Chief

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