Business http://wnpr.org en Progress Reported On Casino Impact Research Project http://wnpr.org/post/progress-reported-casino-impact-research-project Thousands of Massachusetts residents are being surveyed as part of multi-year, multi-million dollar research project on the social and economic impacts of introducing casino gambling to the state.<img class="wysiwyg-asset-image-wrapper inset" data-caption="" data-attribution="Credit Triin Q&#039;s photostream Flickr" typeof="foaf:Image" src="http://mediad.publicbroadcasting.net/p/wamc/files/styles/card_280/public/201301/casino_0.jpg" alt="" /><p><a href="http://cpa.ds.npr.org/wamc/audio/2014/04/casinoresearch.mp3" class="asset-audio"></a><p>The members of the UMass Amherst led research team sa Wed, 16 Apr 2014 16:04:18 +0000 Paul Tuthill 20243 at http://wnpr.org Progress Reported On Casino Impact Research Project Sale in Greenwich of What May Be the Most Expensive Single-Family Home in U.S. http://wnpr.org/post/sale-greenwich-what-may-be-most-expensive-single-family-home-us <p>When the Copper Beech Farm in Greenwich went on the market last spring at an asking price of $190 million dollars, it was the most expensive single-family home ever to hit the American market. Many people thought it wouldn’t close at nine figures. But it has.</p><p> Wed, 16 Apr 2014 13:29:45 +0000 Diane Orson 20192 at http://wnpr.org Sale in Greenwich of What May Be the Most Expensive Single-Family Home in U.S. Sending Money On An Overseas Round Trip To Avoid Taxes http://wnpr.org/post/sending-money-overseas-round-trip-avoid-taxes Some investors avoid paying taxes in a move called round-tripping — sending money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.<p>Recently, MIT professor Michelle Hanlon and two colleagues set out to find out all they could about round-tripping.<p>"I think it's a big problem in the U.S. tax system that individuals can evade taxes and that they try to do so offshore," Hanlon says. Tue, 15 Apr 2014 20:56:00 +0000 Jim Zarroli 20208 at http://wnpr.org Sending Money On An Overseas Round Trip To Avoid Taxes Connecticut and Utilities Prepare Defenses Against Cyberattacks http://wnpr.org/post/connecticut-and-utilities-prepare-defenses-against-cyberattacks <p style="margin-bottom: 0in"><font size="2">Governor Dannel Malloy has <a href="http://www.governor.ct.gov/malloy/lib/malloy/2014.04.14_pura_cyber_report.pdf">released a plan </a>to protect Connecticut's utilities against cyber attacks. Connecticut's electric, natural gas, major water companies and the regional distribution systems have already been penetrated in the past.</font></p><p style="margin-bottom: 0in"><font size="2">When asked just how many cyber attacks have happened, Arthur House, chairman of the Public Utilities Regulatory Authority, said he can't go into much detail.</font></p> Mon, 14 Apr 2014 20:36:05 +0000 Alan Yu 20139 at http://wnpr.org Connecticut and Utilities Prepare Defenses Against Cyberattacks UConn Partners With Comcast on Cyber Security http://wnpr.org/post/uconn-partners-comcast-cyber-security <p>UConn will partner with cable giant Comcast on a new center to study cyber security.</p><p> Fri, 11 Apr 2014 19:28:41 +0000 Harriet Jones 20011 at http://wnpr.org UConn Partners With Comcast on Cyber Security UConn Bonds See Record Orders http://wnpr.org/post/uconn-bonds-see-record-orders <p>UConn's basketball dominance is great for school spirit, but it's also helping raise money the university puts towards improving its facilities.</p><p>Each year, the state treasurer's office issues UConn Bonds. If you buy them, you're investing in things like the improvements to the university's health center, or building new dorms or study halls on its various campuses.</p><p>Assistant Treasurer Sarah Sanders said they've always sold well each year since they were first issued in 1995. But this year was special.</p> Fri, 11 Apr 2014 19:19:48 +0000 Harriet Jones 20007 at http://wnpr.org UConn Bonds See Record Orders What's Behind The Auto Recall Surge? http://wnpr.org/post/whats-behind-auto-recall-surge BMW is the latest automaker to announce a car recall. Yesterday, the automaker announced it&#8217;s recalling 156,137 luxury cars and SUVs because of possible stalling issues.<p>This comes on the heels of Toyota&#8217;s recall announcement this week, and General Motors&#8217; recent vehicle recall notices. Fri, 11 Apr 2014 18:52:18 +0000 editor 20003 at http://wnpr.org What's Behind The Auto Recall Surge? New Haven Cardboard Furniture Company Goes Beyond One-Man Production http://wnpr.org/post/new-haven-cardboard-furniture-company-goes-beyond-one-man-production <p>In New Haven, there's a furniture shop where everything is designed, hand-made, and shipped by just one employee working with cardboard.</p><p>Now <a href="http://www.chairigami.com/" target="_blank">Zachary Rotholz of Chairigami</a> is working with manufacturers in Connecticut to scale up production of his cardboard furniture, and even make it high-tech.</p><p> Fri, 11 Apr 2014 12:54:33 +0000 Alan Yu 19527 at http://wnpr.org New Haven Cardboard Furniture Company Goes Beyond One-Man Production No Laptops, No Wi-Fi: How One Cafe Fired Up Sales http://wnpr.org/post/no-laptops-no-wi-fi-how-one-cafe-fired-sales Customers chat, read the paper and order sandwiches and espresso drinks at the counter of <a href="http://augustfirstvt.com/">August First Bakery & Cafe</a> in Burlington, Vt., but there's something different here. Thu, 10 Apr 2014 12:50:00 +0000 Annie Russell 19889 at http://wnpr.org No Laptops, No Wi-Fi: How One Cafe Fired Up Sales A Lot Riding on a Bill to Limit Liability For Connecticut Horse Owners http://wnpr.org/post/lot-riding-bill-limit-liability-connecticut-horse-owners <p><span style="line-height: 1.5;">Are all horses naturally vicious? The State Supreme Court didn't answer that question in its recent ruling about a horse named </span>Scuppy<span style="line-height: 1.5;"> who bit a toddler in 2006.</span></p><p>However, a majority of justices agreed that all horses are inclined to bite. This presumption has upset horse owners and equine business owners in Connecticut, who say a lot is now riding on legislation that would reduce their liability to personal injury lawsuits.</p><p> Tue, 08 Apr 2014 13:27:16 +0000 Lucy Nalpathanchil 19750 at http://wnpr.org A Lot Riding on a Bill to Limit Liability For Connecticut Horse Owners Bill Could Net the State $100 Million a Year From Low-Wage Employers http://wnpr.org/post/bill-could-net-state-100-million-year-low-wage-employers <p>A new analysis says large companies that allow their workers to rely on state assistance could be heavily penalized by a law currently being considered by the state legislature.</p><p> Mon, 07 Apr 2014 15:59:55 +0000 Harriet Jones 19712 at http://wnpr.org Bill Could Net the State $100 Million a Year From Low-Wage Employers Mohegan Sun Sees Profit Decline But Doesn't Feel "The Pinch" http://wnpr.org/post/mohegan-sun-sees-profit-decline-doesnt-feel-pinch <a href="http://cpa.ds.npr.org/wamc/audio/2014/04/patrickvoicer4-7-2014mohegansun.mp3" class="asset-audio"></a><p>A gambling slump is eating into the profits of Mohegan Sun, but the 2,000 tribal members who draw benefits from the massive casino aren't feeling the pinch. Mon, 07 Apr 2014 13:25:38 +0000 Patrick Garrett 19700 at http://wnpr.org Manufacturers in Connecticut Continue to Seek Qualified Workers http://wnpr.org/post/manufacturers-connecticut-continue-seek-qualified-workers <p><span style="line-height: 1.5;">Connecticut’s manufacturers have a lot more confidence in the future of their companies, according to a new survey. But they're more cautious about the future of the state.</span></p><p> Fri, 04 Apr 2014 19:43:35 +0000 Harriet Jones 19605 at http://wnpr.org Manufacturers in Connecticut Continue to Seek Qualified Workers Pfizer to Host Bioscience Incubator http://wnpr.org/post/pfizer-host-bioscience-incubator <p>A new bioscience incubator will be created in an empty building on the Groton campus of drug giant Pfizer. The state will also move its data center to the site.</p><p> Wed, 02 Apr 2014 20:50:20 +0000 Harriet Jones 19495 at http://wnpr.org Pfizer to Host Bioscience Incubator New Limits Proposed for Connecticut's Independent Electric Suppliers http://wnpr.org/post/new-limits-proposed-connecticuts-independent-electric-suppliers <p><span style="line-height: 1.5;">P</span>roposed new legislation would set new limits on Connecticut's independent electric suppliers, curbing what state officials are calling deceptive practices. The bill was introduced by Governor Dannel Malloy, Attorney General George Jepsen, and Consumer Counsel Elin Katz.&nbsp;</p><p> Wed, 02 Apr 2014 18:33:27 +0000 Harriet Jones 19470 at http://wnpr.org New Limits Proposed for Connecticut's Independent Electric Suppliers Bristol Business Gets a Boost -- From a Cash Mob http://wnpr.org/post/bristol-business-gets-boost-cash-mob <p><span style="line-height: 1.5;">By the time Bristol's West End Pizza was ready to open its doors on Saturday morning, there were a dozen patrons already outside, waiting to get in. You may have heard of a flash mob. Well, this is a financial version. The family owned pizzeria was the target of a "cash mob," which is essentially a group of people joining forces to give a business a really good day.&nbsp;</span></p><p> Wed, 02 Apr 2014 15:33:56 +0000 J Holt 19456 at http://wnpr.org Bristol Business Gets a Boost -- From a Cash Mob Job Growth Picked Up Some Speed In March, Survey Signals http://wnpr.org/post/job-growth-picked-some-speed-march-survey-signals The first slice of data about job growth in March offers some hope that the U.S. labor market gained some strength:<p>There were 191,000 more jobs on private companies' payrolls last month than in February, <a href="http://www.adpemploymentreport.com/2014/March/NER/docs/ADP-NATIONAL-EMPLOYMENT-REPORT-March2014-Final-Press-Release.pdf" target="_blank">according to the latest ADP National Employment Report</a>. Wed, 02 Apr 2014 12:56:00 +0000 Mark Memmott 19452 at http://wnpr.org Job Growth Picked Up Some Speed In March, Survey Signals Sikorsky Pays Millions to Settle Pricing Allegations http://wnpr.org/post/sikorsky-pays-millions-settle-pricing-allegations <p>Helicopter maker Sikorsky has agreed to pay $3.5 million to settle allegations that it overcharged the military for spare parts.</p><p> Tue, 01 Apr 2014 17:23:01 +0000 Harriet Jones 19392 at http://wnpr.org Sikorsky Pays Millions to Settle Pricing Allegations Lending Circles Help Latinas Pay Bills And Invest http://wnpr.org/post/lending-circles-help-latinas-pay-bills-and-invest <em>As part of its Changing Lives of Women series, </em>Morning Edition<em> is exploring women and their relationship with money: saving, purchasing and investing for themselves and their families. Tue, 01 Apr 2014 07:05:00 +0000 Shereen Marisol Meraji 19363 at http://wnpr.org Lending Circles Help Latinas Pay Bills And Invest When Planning For The Future, Women Have Been Hands Off http://wnpr.org/post/when-planning-future-women-have-been-hands It's a truism in the financial industry that women need to get more out of their money than men since they live longer and make less, especially if they take time out to care for children or aging parents. Mon, 31 Mar 2014 07:28:00 +0000 Jennifer Ludden 19307 at http://wnpr.org When Planning For The Future, Women Have Been Hands Off Manufacturing World Coming to Hartford http://wnpr.org/post/manufacturing-world-coming-hartford <p>This spring Hartford will once again play host to the biggest names in the world of manufacturing, as the <a href="http://www.mfg4event.com/2014/public/mainhall.aspx" target="_blank">MFG4 conference comes to town</a>.</p><p> Fri, 28 Mar 2014 15:09:59 +0000 Harriet Jones 19208 at http://wnpr.org Manufacturing World Coming to Hartford IMF's Lagarde: Women In Workforce Key To Healthy Economies http://wnpr.org/post/imfs-lagarde-women-workforce-key-healthy-economies As the first woman to lead the International Monetary Fund, Christine Lagarde is among an elite group of people determining how money is saved, spent and invested worldwide.<p>It's not the first time she's been a "first." Lagarde was France's first female finance minister, and before that, the first woman to chair the global law firm Baker & McKenzie.<p>As part of NPR's look at the <a href="http://www.npr.org/series/177622347/the-changing-lives-of-women" target="_blank">Changing Lives of Women</a>, <em>Morning Edition</em>'s Renee Montagne spoke with Lagarde about her career and what the IMF i Fri, 28 Mar 2014 13:14:00 +0000 editor 19188 at http://wnpr.org IMF's Lagarde: Women In Workforce Key To Healthy Economies Governor Malloy Signs Minimum Wage Law in New Britain http://wnpr.org/post/governor-malloy-signs-minimum-wage-law-new-britain <p>President Obama has congratulated Connecticut for becoming the first state to officially endorse his goal for the minimum wage. The General Assembly on Wednesday night passed a bill that will raise the wage to $10.10 an hour by 2017.</p><p> Thu, 27 Mar 2014 11:51:45 +0000 Harriet Jones 19129 at http://wnpr.org Governor Malloy Signs Minimum Wage Law in New Britain Connecticut General Assembly Passes Minimum Wage Bill http://wnpr.org/post/connecticut-general-assembly-passes-minimum-wage-bill <p>The Connecticut General Assembly passed a bill that would raise Connecticut's minimum wage to $10.10 an hour by 2017. The legislation makes the state the first in the nation to endorse President Barack Obama's goal for the national minimum wage.</p><p>Republican senators offered a variety of amendments to the bill, but all were been defeated. &nbsp;</p><p> Wed, 26 Mar 2014 23:22:22 +0000 Harriet Jones 19052 at http://wnpr.org Connecticut General Assembly Passes Minimum Wage Bill Facebook Will Acquire Virtual Reality Company For $2 Billion http://wnpr.org/post/facebook-will-acquire-virtual-reality-company-2-billion Facebook announced a pretty big purchase on Tuesday: The social media giant said it was acquiring Oculus VR, a company that makes virtual reality goggles, for $2 billion.<p>The deal includes $400 million in cash and 23.1 million shares of Facebook, which <a href="http://newsroom.fb.com/news/2014/03/facebook-to-acquire-oculus/">the company values at $1.6 billion</a>.<p><a href="https://www.facebook.com/zuck/posts/10101319050523971?stream_ref=10">In a statement on his Facebook page</a>, CEO Mark Zuckerberg said the company is making the purchase in an effort to focus on future platforms.<p>Oculu Tue, 25 Mar 2014 23:40:00 +0000 Eyder Peralta 19037 at http://wnpr.org Facebook Will Acquire Virtual Reality Company For $2 Billion Minimum Wage Hike Has Mixed Effects http://wnpr.org/post/minimum-wage-hike-has-mixed-effects <p>A new analysis from UConn claims that Connecticut may suffer some real economic pain from the minimum wage increase that went into effect this year.</p><p> Tue, 25 Mar 2014 17:49:53 +0000 Harriet Jones 19000 at http://wnpr.org Minimum Wage Hike Has Mixed Effects Bill Aims to Strike Obsolete Regulations http://wnpr.org/post/bill-aims-strike-obsolete-regulations <p>Governor Dannel Malloy <a href="http://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&amp;bill_num=5049&amp;which_year=2014&amp;SUBMIT1.x=0&amp;SUBMIT1.y=0&amp;SUBMIT1=Normal" target="_blank">has submitted a bill</a> that would eliminate about a thousand pages of regulation that's currently on the state's books.&nbsp;</p><p>The regulations dealt with in the bill are pretty obscure. Malloy's office has dubbed them obsolete, duplicative or excessively burdensome.&nbsp;</p><p> Tue, 25 Mar 2014 17:39:32 +0000 Harriet Jones 18999 at http://wnpr.org Bill Aims to Strike Obsolete Regulations UConn Business School Recognized in Military Times http://wnpr.org/post/uconn-business-school-recognized-military-times <p>UConn's School of Business is included in a ranking of the<a href="http://projects.militarytimes.com/best-for-veterans/business-schools/2014/" target="_blank"> top 60 business schools for veterans</a>.&nbsp;<span style="line-height: 1.5;">This is the second year </span><em style="line-height: 1.5;">Military Times</em><span style="line-height: 1.5;">&nbsp;issued the ranking after surveying 140 colleges and universities.&nbsp;</span></p><p> Mon, 24 Mar 2014 20:39:20 +0000 Lucy Nalpathanchil 18963 at http://wnpr.org UConn Business School Recognized in Military Times City of Hartford Launches Mentor-Protégé Program http://wnpr.org/post/city-hartford-launches-mentor-prot-g-program <p><span style="line-height: 1.5;">Many cities promote minority and women owned businesses by hiring them to provide services. But Hartford is going one step further -- with a mentoring program.&nbsp;</span></p><p><span style="line-height: 1.5;">Shane Kelly is an ironwork contractor, and his company, Kelly Steel, has been a certified minority-owned business for years. He wants to expand his business into more areas of his industry. "I've been apprehensive, you know," he said. "No one wants to mess up."</span></p><p> Mon, 24 Mar 2014 16:42:35 +0000 J Holt 18927 at http://wnpr.org City of Hartford Launches Mentor-Protégé Program After Winter's Chill, Economists Predict A Warming Trend http://wnpr.org/post/after-winters-chill-economists-predict-warming-trend Somewhere under all of that melting snow, there's a warming economy.<p>"Adverse weather conditions" have hurt economic growth so far this year, but things are headed in the right direction now, according to a forecast released Monday by the National Association for Business Economics.<p>"Conditions in a variety of areas — including labor, consumer and housing markets — are expected to improve over the next two years, while inflation remains tame," Jack Kleinhenz, NABE president and chief economist for the National Retail Federation, said in a statement.<p>Each month, the association surveys pr Mon, 24 Mar 2014 10:09:00 +0000 Marilyn Geewax 18905 at http://wnpr.org After Winter's Chill, Economists Predict A Warming Trend