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Harvard Square in Cambridge. Photo: Lane Turner/The Boston Globe via Getty Images

Small businesses and workers in college towns are hurting as the pandemic pushes universities to go online.

The big picture: Hundreds of local economies across the country rely on the annual influx of students and professors to stay afloat.

Businesses in college towns are 24% more likely to shutter permanently than their counterparts in other towns, per new Yelp data.

Among the hardest-hit places...

  • College Park, Maryland (University of Maryland), saw 4.4% of businesses close for good.
  • Berkeley, California (University of California, Berkeley), 4.2%.
  • Cambridge, Massachusetts (Harvard and MIT), 3.8%.

Go deeper: College reopening plans are crumbling

Go deeper

Dec 9, 2020 - Health

Pfizer-BioNTech vaccine data hacked from European Medicines Agency breach

A nurse in London prepares a dose of Pfizer-BioNTech's COVID-19 vaccine on Dec. 8. Photo: Frank Augstein/POOL/AFP via Getty Images

BioNTech and Pfizer announced Wednesday the European Medicines Agency was targeted by a cyberattack and regulatory documents related to their coronavirus vaccine submission were accessed.

Why it matters: The EMA is currently working to authorize coronavirus vaccines for use in European Union member states, and said it is launching an investigation into the attack. The hack is the latest in a series of attacks and warnings about cyber threats against vaccine-producers and public health agencies.

The new small business lifeline: digital tools

Businesses leaders confirmed one fact about our shared new normal at the first of three Google virtual Small Business Matters Roundtable events on Thursday, Sept. 14: COVID-19 has made it essential for small businesses to digitize their operations once and for all.

Why it’s important: 93% of U.S. small businesses to medium-sized businesses (SMBs) felt an immediate downturn in customer demand, hours of operation and employee headcounts, a newly published Connected Commerce Council (3C) report in partnership with Google found.

Updated 12 hours ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: CDC director says number of U.S. Omicron cases "likely to rise" — Two years of COVID-19 — Prior coronavirus infections may not protect well against Omicron.
  2. Vaccines: Data demonstrates most-vaccinated counties less vulnerable to worst of COVID — Omicron adds urgency to vaccinating world — Omicron fuels the case for COVID boosters.
  3. Politics: Nevada to impose insurance surcharge on unvaccinated state workers — New Jersey GOP lawmakers defy statehouse COVID policy — Oklahoma sues Biden administration over Pentagon vaccine mandate.
  4. World: Vaccine mandates lose steam in the U.S. while Europe doubles downWHO: Delta health measures help fight Omicron — COVID cases surge in South Africa in sign Omicron wave is coming.
  5. Variant tracker: Where different strains are spreading.

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