Business

News
1:06 pm
Mon May 13, 2013

Agriculture Chief Hopes Grants Boost "Locally Grown"

Sujata Srinivasan

The recent growth in farmer's markets in Connecticut speaks to the increasing popularity of locally grown food. Now the state's Department of Agriculture has big plans for Connecticut-grown produce to fuel the economy and create jobs. 

Read more
Farming
1:06 pm
Mon May 13, 2013

Agriculture Chief Hopes Grants Boost "Locally Grown"

Sujata Srinivasan

The recent growth in farmer's markets in Connecticut speaks to the increasing popularity of locally grown food. Now the state's Department of Agriculture has big plans for Connecticut-grown produce to fuel the economy and create jobs.  

Read more
Where We Live
2:46 pm
Fri May 10, 2013

What's Up With Stuff?

Mike Baird (Flickr Creative Commons)

Seventeen days after a garment factory collapsed in Bangladesh, a woman was pulled alive from the rubble. But more than 1,000 people have been confirmed dead in the tragedy.

This has renewed questions about where all the stuff we buy in America comes from.

NPR’s Planet Money has been trying to tackle this question for the last three years by making their own t-shirt.

Read more
News
7:36 am
Tue May 7, 2013

Game Xchange Owner Named Connecticut Small Business Person Of The Year By SBA

J Holt

Businessman Chris Runyan isn't one to follow a trend. In an online, downloadable world, he's built a successful brick and mortar business. And, in a time when companies are moving out of state, he relocated from Arkansas to Connecticut to do it.

When Chris Runyan moved to Connecticut in 2009, he came with the intention to start his own business. He said, "My goal was to get six stores on the ground in three years." 

Read more
Gun Market
10:59 am
Mon April 29, 2013

GE Capital Ends Funding for Small Gun Retailers

Wikimedia Commons

When GE Capital announced it will no longer finance gun purchases at small firearms dealers, it predictably drew both praise and criticism. But the company’s own explanation of the move seemed to raise more questions than it answered. 

Read more
News
9:38 pm
Sun April 28, 2013

Companies Learn to Blend Physical and Virtual Commerce

The debate over the Amazon tax seemed to put e-commerce giants on one side of a bright line, and brick and mortar businesses on the other. But the fact is that the distinctions between real and virtual businesses aren't so clearly defined.

 

Manufacturing might seem to you and me to be the ultimate brick and mortar business. It's an industry where you make things you can drop on your toe in a building you can walk into. Not so, says David Drake.

 

"All the commerce I do is done electronically."

 

Read more
News
3:57 pm
Wed April 24, 2013

Courant: From Wolfpack To Whale, and Back Again

It may be time to say goodbye to the Whale...again. Hartford's minor league hockey team could soon have a new name.

The team used to be known as the Hartford Wolf Pack. Then, in 2010, it was renamed the Hartford Whale -- a throwback to the city's onetime NHL Whalers.

Read more
Sandy Recovery
10:47 am
Mon April 22, 2013

Bridgeport Corner Store Struggles After Sandy

Sujata Srinivasan

Almost six months after Superstorm Sandy, some businesses are still fighting to get back on their feet. Pop’s Grocery, a 52-year-old corner store in Bridgeport, was inundated by floodwater during the storm. As part of her series on recovery after Sandy, WNPR’s Sujata Srinivasan went back to visit.

Read more
Small Business
10:47 am
Mon April 22, 2013

Bridgeport Corner Store Struggles After Sandy

Sujata Srinivasan

Almost six months after Superstorm Sandy, some businesses are still fighting to get back on their feet. Pop’s Grocery, a 52-year-old corner store in Bridgeport, was inundated by floodwater during the storm. As part of her series on recovery after Sandy, WNPR’s Sujata Srinivasan went back to visit.

Read more
Economic Recovery
11:27 pm
Thu April 18, 2013

What Jobless Numbers Can - and Can't - Tell Us

Sujata Srinivasan

The Connecticut Department of Labor says economic recovery is taking longer than expected because of the lingering effects of a balance sheet recession  – the most severe of its kind. Sectors saw steep reductions in their networth and consumers are still paying off personal debt. It’s a delicate environment where any negative trends could tip the apple cart, say economists at a panel discussion at the Labor Department. WNPR’s Sujata Srinivasan reports. 

 

Read more
News
11:27 pm
Thu April 18, 2013

What Jobless Numbers Can - and Can't - Tell Us

Sujata Srinivasan

The Connecticut Department of Labor says economic recovery is taking longer than expected because of the lingering effects of a balance sheet recession  – the most severe of its kind. Sectors saw steep reductions in their networth and consumers are still paying off personal debt. It’s a delicate environment where any negative trends could tip the apple cart, say economists at a panel discussion at the Labor Department. 

 

Read more
News
9:37 am
Mon April 15, 2013

Physicians Seek Bargaining Power

Harriet Jones

Connecticut's system of primary healthcare still relies heavily on small, physician-owned practices. It's a quaint hangover in a world that's increasingly dominated by large multi-specialty groups, and hospital-owned practices. But as WNPR's Harriet Jones reports, Connecticut's small practice doctors are looking to wield just a bit more clout.

Dr Doug Gerard sees his last patient of the morning. He's an internist in New Hartford, the only primary care doctor in town.

"Knock on wood, I haven't missed a day in practice due to illness since the beginning."

Read more
News
10:34 am
Wed April 3, 2013

Connecticut's Craft Beer Industry Booms

J. Holt

The 2013 Craft Brewers Conference was held in the nation's capital this past week, and it drew over 6,000 attendees from an industry growing steadily amid an otherwise struggling economy. As WNPR's J. Holt reports, Connecticut's Craft Brewing industry is experiencing an explosion of it's own.

Read more
News
12:48 pm
Mon April 1, 2013

Postal Service To Reduce Operations At Two Processing Plants

Diane Orson

The U.S. Postal Service has announced plans to reduce operations at two Connecticut mail processing plants this summer. That’s earlier than anyone expected, and could affect more than a thousand workers. 

There’s been talk for a long time about closing or cutting back operations at postal facilities in Wallingford and Stamford. But last year, USPS officials assured workers – and CT’s Congressional delegation -  that nothing would happen before 2014.

Read more
News
12:38 pm
Thu March 28, 2013

Pfizer Will Tear Down Empty Lab Space in Groton

Harriet Jones

Drug giant Pfizer says it’s going to tear down 750,000 square feet of unused laboratory space on its Groton campus. As WNPR’s Harriet Jones reports, the move comes after frantic efforts in recent months to find a reuse for the facility.

 

Read more
News
12:31 pm
Thu March 28, 2013

CT's Coastline Generates Billions for the Economy

Harriet Jones

A new study says Connecticut’s coastline is worth at least $7 billion to the state’s economy. WNPR’s Harriet Jones reports.

 

Read more
High-End Foods
10:08 am
Mon March 25, 2013

Specialty Foods Make a Comeback

Sujata Srinivasan

Specialty foods like handcrafted chocolate and gluten-free organic pasta may be pricey, but some small business owners say they’re seeing a pick up in demand. WNPR’s Sujata Srinivasan reports on how entrepreneurs in the high-end food business have pulled through the recession, priming their business for growth.

 

Read more
Aviation
10:55 am
Mon March 18, 2013

Connecticut Goes To Paris

Despite the economic downturn, aerospace is a thriving international business. But for small manufacturers in Connecticut, it can be a challenge to plug into global markets. This summer, some of them will have a chance to show their wares at the famous Paris Air Show. WNPR’s Sujata Srinivasan reports.

Read more
Local Support
9:54 am
Wed February 27, 2013

Nurturing Home Grown Business

Sujata Srinivasan

Economic recovery is often tied to increasing exports and attracting foreign investments. But some economists say it’s just as important to grow what’s known as the “non-tradable” sector - small businesses that provide products and services for people who live here. WNPR’s Sujata Srinivasan reports.

 

History major Maggie Downie was working in museum education when she realized she wanted to start her own business. 

 

Read more
International
9:48 am
Wed February 27, 2013

Eurozone Troubles Cause Connecticut Ripples

Sujata Srinivasan

Europe’s economy is in trouble. Just last week, the European Commission said it believes the continent is about to see a second consecutive year of economic contraction. That could be bad news for some companies in the Nutmeg state, as WNPR’s Sujata Srinivasan reports.

 

Read more
Employment
9:37 am
Wed February 27, 2013

Jobless Experiencing "Search Friction"

Sean Mack, Wikimedia Commons

Connecticut’s recovery has been marked by persistent high unemployment. But many employers are starting to complain that they can’t find the skilled workers they need. WNPR’s Sujata Srinivasan asks – is that because they aren’t out there, or could it be that they’re just hard to find?

Read more
Where We Live
3:50 pm
Thu February 21, 2013

LIVE from The Grove, New Haven

Chion Wolf

A few years ago, we broadcast from "The Grove" in New Haven's Ninth Square, when it was part of "Project Storefront" - an attempt to breath life into a neighborhood that needed help.

Now, this co-working space, which draws entrepreneurs from all over, is part of a state-sponsored innovation "hub" - as well as a center of activity for a thriving neighborhood.

Read more
Expenses
8:51 am
Mon February 11, 2013

Rant & Rail: Transportation and the Budget

Governor Malloy’s proposed budget includes some bad news for commuters, including bus-riders. Some transportation advocates say Malloy is cutting too much money at a time when transit ridership is at an all-time high and infrastructure is crumbling. 

Read more
Creating Revenue
8:49 am
Mon February 11, 2013

New Director for Mark Twain House

Sujata Srinivasan

The Mark Twain House & Museum will soon have a new executive director. WNPR’s Sujata Srinivasan spoke to Cindy Lovell on her plans to preserve Twain’s legacy, increase revenue, and promote tourism.

 

Read more
Where We Live
10:58 am
Tue January 29, 2013

Connecticut Startup Culture

Chion Wolf

It’s been a little over a year since Governor Dannel Malloy announced Startup Connecticut - an effort to support entrepreneurship in the state. The idea is to create an “innovation ecosystem” to grow the economy. The state is setting up four innovation hubs.  

Read more
Jobs
3:59 pm
Fri January 25, 2013

Unemployment Data Conundrum

Sujata Srinivasan

The state unemployment rate dropped for the second month in a row in December. But the numbers have been volatile with intermittent highs and lows that sometimes don’t seem to add up. WNPR’s Sujata Srinivasan takes a look at why short-term figures may not always show the long-term picture. 

Read more
In the workplace
9:03 am
Tue January 22, 2013

Employers Urged to Tackle Domestic Violence

Harriet Jones

Advocates who work with domestic violence victims in Connecticut say many times the workplace can be a key to stopping abuse and saving lives. And they say many of the state’s employers could be doing a whole lot more to help. 

 

 

The law firm of O’Brien Tanski and Young is located right in downtown Hartford.

“We used to be a very open law firm. We didn’t lock the door and people came and went without thinking.”

Read more
Job Growth
9:58 am
Fri January 18, 2013

Are We Still the Land of Yankee Ingenuity?

Wiki Commons

Economists and policymakershave been shaking their heads at the lackluster job growth in the aftermath of the Great Recession. But economic downturns are nothing new. With ingenuity, the state has bounced back through some very tough times in the past. WNPR’s Sujata Srinivasan takes a look at the nature of the recovery from an historical perspective.

The poet P.B. Shelly said: “History is a cyclic poem.” That may well hold true for the land of steady habits, which – since Colonial times – has reinvented its economy repeatedly to meet the needs of the day.

Read more
Finance
8:34 pm
Sun January 6, 2013

Microfinance Faces A Remade Future

Sujata Srinivasan

Microfinance – or small-scale loans – has rapidly grown into an international business that connects investors with impoverished borrowers around the world. Currently, microfinance institutions (MFIs) operate in over 100 countries and fund more than 92 million borrowers, according to the Microfinance Information Exchange. For-profit firms like Stamford-based Developing World Markets (DWM) invest in MFIs in India, which in turn provide loans to poor entrepreneurs, primarily women.

Read more
Jobs
4:44 pm
Thu December 13, 2012

Hartford's Colt Complex Gets New Tenant

Jeff Cohen/WNPR

The historic Colt complex in Hartford just got a new tenant. WNPR's Jeff Cohen reports. The Colt has been in development limbo for years, and it's gone through a series of developers. But things are looking up.

Read more

Pages