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None of the affected workers are involved in current patient care or COVID-19 operations. Instead, the organization said, many worked in areas that are closed or experienced a significant reduction in operations due to social distancing requirements and/or public health mandates and guidelines specific to health systems.
The president of one Stamford company said she’d been sparring with Chase – her bank of choice for over 25 years – over her firm’s PPP loan practically since the program was announced. “They’re probably the poster child for incompetency," she said.
The county’s overall availability rate rose to 26.8% from 26.6% last quarter, with net absorption down by 76,000 square feet, while deals for less than 5,000 square feet represented almost 30% of the quarter’s total leasing.
The company also pledged 10% of its profits over the next quarter to COVID-19 relief initiatives.
The Stamford firm’s first-quarter financial results found net sales drop to $541 million from $609.9 million in the first quarter of 2019. Quarterly net income plummeted to $42.4 million from $72.2 million year-over-year.
The firm is headed by married couple and Pace Law School alumni Stephen Riebling and Marcia Payton.
UConn’s Board of Trustees has unanimously approved an agreement to sublease the 116-unit residence hall at 900 Washington Blvd.
“We expect the integration of the funds into Titan to be seamless," said Titan Advisors' President George Fox.
Connecticut marked another grim COVID-19 milestone today, adding another 65 deaths to bring the total to 1,036. Fairfield County recorded 19 fatalities to bring...
The corporation reported assets valued in the $10-50 million range, and has an estimated range of 1,000-5,000 creditors.
The company recently withdrew its 2020 forecasts. “As the dynamic development of the COVID-19 pandemic impacts the global economy, a reliable and realistic evaluation of the future business performance of Henkel is currently not possible,” it said.
The effect on Scholastic of the COVID-19 pandemic "includes significantly decreased revenue and customer counts as a result of widespread cancellation of orders across the book fairs, book clubs and scholastic education departments," according to the company's Senior Human Resources Manager Donna Millillo.
“While a handful of executives remain employed, the league currently has no plans to return in 2021,” broadcast partner ESPN reported.