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FuelCell Energy, Inc.

Danbury-based FuelCell Energy, Inc., announced Thursday it will cut nearly 100 jobs, news which comes on the heels of a decision by the state to pass over several clean energy proposals submitted by the company.

Unemployment dropped by 0.3 percentage points, to 4.6 percent, last month — the lowest rate since 2007 — according to the monthly jobs report from the Bureau of Labor Statistics.

On Donald Trump's visit to Carrier in Indiana on Thursday, he mentioned a phone call that he made to the CEO of United Technologies, the air conditioning company's parent. As Trump describes it, that call led to Carrier announcing it will not move as many jobs to Mexico as it had planned.

"We can't allow this to happen anymore with our country. So many jobs are leaving and going to other countries, not just Mexico," Trump said.

The announcement that President-elect Donald Trump and Vice President-elect Mike Pence helped persuade Carrier to keep 1,000 factory jobs in the U.S. is a pretty big win. After all, they ran on a message of protecting The American Worker, and Trump isn't even in the White House yet.

Mystic Aquarium

The state’s chambers of commerce say they want to be the ones to step up and oversee regional tourism promotion, now that the state of Connecticut has defunded its tourism districts. 

Emmanuel Huybrechts / Creative Commons

Labor pains and lessons from the north.

As Connecticut comes to terms with recent job loss, Massachusetts emerges as a regional leader in statewide job recovery. This hour, we explore the latest job market trends and find out what Connecticut stands to learn from the Bay State. 

Ingram Publishing / Thinkstock

The holiday shopping season, which kicked off on Black Friday, has many analysts guessing as to how much we’ll spend. And some of that uncertainty is attributable to the extraordinary year we’ve experienced. 

Back9Network

It was just about a year ago that the partly state-funded, golf television station the Back9Network filed for bankruptcy. Since then, it has re-emerged as a smaller enterprise -- this time not as a lifestyle and entertainment network, but as a mobile golf app.

Home Equity Helping People Build Household Wealth

Nov 24, 2016
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Mitchell Hartman

Remember the housing crisis? Well, for many American homeowners, it’s now squarely in the rear-view mirror. A report from RealtyTrac finds that the percentage of homeowners who are underwater — meaning they owe more on their mortgage than their home is worth — has fallen to about 10 percent. It was 28 percent at its peak in 2012. The main reason: home prices have been rising, for years, helped by low mortgage rates. So homeowners have been able to build wealth through the equity they have in their homes.

Cigna

Cigna CEO David Cordani took the stand Tuesday in the anti-trust case against his company’s proposed merger with fellow health insurer Anthem. Some of the tensions between the two merger partners were on display as both Cordani and Anthem CEO Joe Swedish were questioned. 

Cigna / Cigna

Anthem and the U.S. Justice Department faced off in court Monday arguing over whether the insurer’s plans to buy Bloomfield-based Cigna threaten anti-trust issues. 

startupstockphotos.com

For the fourth month in a row, Connecticut’s economy has seen a significant loss of jobs. The state shed 7,200 jobs in October.

Chion Wolf / WNPR

The state bond commission has greenlighted a package of aid for one of the world’s top hedge funds, but Comptroller Kevin Lembo voiced his opposition Tuesday morning.

New York Times

The top executive of one of the nation's largest health insurance companies said the incoming Trump administration must confront the problems of the health insurance system.

Courtesy Alexion Pharmaceuticals

New Haven-based drug maker Alexion is conducting an internal investigation over allegations of improper sales practices. 

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