Business news

Kate Ter Haar / Creative Commons

Customers of Connecticut Light and Power, Yankee Gas, and other Northeast Utility brands are getting used to a new name as of Monday. All of NU’s subsidiaries are now Eversource Energy. 

vichie81/iStock / Thinkstock

When the Affordable Care Act came into being many people wondered about the future of employer sponsored health coverage, but it turns out that company coverage has been declining for more than a decade. 

Douglas Plamer/Flickr

Although the headlines focused on immigration and marijuana, President Obama’s nominee for attorney general has also pledged to get tough on white collar crime, and corporate malfeasance. 

With wages still stuck for many Americans, the big drop in gasoline prices is the equivalent of an unexpected cash bonus for the nation's drivers.

The average American household is expected to save $750 this year from lower gas prices, according to the Energy Department.

But Thomas Kinnaman, an economist at Bucknell University in Lewisburg, Pa., says it's instructive to look beyond the word "average."

The ouster of Bryan Stockton from his perch as CEO at Mattel this week came as the toymaker's best-known brands like Barbie stagnate and it loses business to Web-based games.

Stockton himself said last year that Mattel lacked an innovative culture and blamed it in part on something specific: bad meetings. That's a common and persistent corporate ailment.

Scott Ryan-Hart is a cartographer for the Ohio Department of Transportation, where a typical meeting can last more than two hours.

Waze, the popular navigation app boasting more than 50 million users worldwide, has a new critic: police officers. Over the past few weeks, law enforcement officials have been urging the app and its owner, Google, to disable a feature that allows users to report when they've spotted a police officer, in real time, for all other Waze users to see.

Sergio Kopelev, a reserve sheriff in Orange County, Calif., is one of the law enforcement officials behind the push to remove Waze's police tracker. He says he first discovered the feature through his family.

Harriet Jones / WNPR

Widespread power outages haven’t yet hit the state as it continues to weather a massive nor'easter, but utility linemen said the state’s power companies have less capacity to deal with problems than they had four years ago. 

Harriet Jones / WNPR

Emails and calls are some of the ways Connecticut Light and Power has begun reaching out to its customers ahead of the expected massive snowstorm, mindful of criticism over lengthy outages during past storms. 

New England Brewing Co.

A Connecticut brewery says it will no longer use the name and likeness of Mohandas Gandhi on one of its beers following complaints that the marketing was offensive.

Ricky Aponte / Creative Commons

More young people are moving to the heart of cities, according to a report from think tank City Observatory. This includes cities that we usually think of as “economically troubled,” like Buffalo, Cleveland, and, yes, even Hartford. Some of these cities have been losing their overall population, but gaining in their numbers of college graduates in their 20s and 30s.

Cliff / Creative Commons

Connecticut’s urban areas remain among of the most economically productive areas in the world, even while they struggle to recover from the great recession. In fact a new study from the Brookings Institution pegs Hartford as having the second highest economic output in the country, and the fourth highest in the world.

The Global Metro Monitor takes the economic temperature of 300 major cities around the world. Greater Hartford lies fourth in the world in terms of gross domestic product per capita, a measure of how much economic value is produced compared to the size of a metro area, including corporate profits as well as personal incomes. Only Zurich, Oslo and San Jose rank higher. Bridgeport, whose metro area include Fairfield County, lies eighth.

But another story is told by the most recent data on recovery from 2014. 

Mohegan Sun

Mohegan Sun is joining a lawsuit against the Massachusetts Gaming Commission after the decision last year to award Greater Boston’s casino license to a rival. 


World Wrestling Entertainment is being sued by two of its former wrestlers who claim they suffered repeated concussions during their time with the Stamford company.

Vito LoGrasso and Evan Singleton have filed what they hope will become a class action lawsuit in federal court in Philadelphia. They accuse WWE of "selling violence" and ignoring the harm to their employees, which they say includes brain damage.

Creative Commons

President Obama courted controversy with his own party in the State of the Union by again calling for a key Asian trade deal to be fast-tracked.

The Trans Pacific Partnership is opposed by some senior Democrats, who believe it will lead to a loss of jobs here. 

Obama is asking to be given the authority to negotiate the deal without congressional oversight. Connecticut’s Third District Representative Rosa DeLauro said that’s not acceptable.


There’s speculation that the recent changes in personnel at United Technologies could mean the conglomerate is mulling major new acquisitions or other structural changes.

New CEO Greg Hayes is shaking up the C-suite, with the departure of Alain Bellemare, who headed up UTC Propulsion and Aerospace Systems. He won’t be replaced, but the company has elevated another executive, Mike Dumais to head of strategic planning.

Some analysts believe these shifts signal that Hayes is considering a big move, perhaps an acquisition, an inversion move, or a spin-off.

Americans increasingly see decently fast Internet as more like a functioning sewer line than a luxury.

And a number of cities are trying to get into the Internet provider business, but laws in 19 states hamper those efforts. President Obama announced this week that he wants to lift those restrictions, and supporters of what is known as municipal broadband can't wait.

Electric Boat

Electric Boat issued an upbeat forecast for hiring for 2015, and the sub maker said it will be investing millions in shipyard upgrades in the next few years. 

When upscale food trucks roared into popularity a few years ago, the folks running them praised their rolling operations as far cheaper and simpler to launch than a bricks-and-mortar restaurant.

Now, entrepreneurs are finding similar advantages in food bikes.

Brewers, chefs, baristas and even farmers are turning to pedal-powered vehicles to bring their goods to consumers — and, sometimes, actually produce them on the street.

Waterbury Hospital

Waterbury Hospital announced Thursday that it's cutting positions to deal with a $9 million dollar shortfall in government reimbursements.

Hospital CEO Darlene Stromstad said an estimated 100 full- and part-time workers will be affected by the plan. 

Lewis Hine / U.S. National Archive

The Internet has changed almost everything... especially newspapers. For many years, readers were able to access newspaper articles for free online. Stories were reaching more readers, but losing revenue. On WNPR's Where We Live, newspaper reporters and editors discussed the controversial "paywall."

Jon S / Creative Commons

Last month, The Hartford Courant followed the trend of newspapers across the country by implementing a paywall on its website.

We sit down with two editors to explain the change, and to talk more broadly about the status of "print" journalism today. What is working, and what’s not working, as publications grapple with an increasingly digital world?

If you've traveled outside the U.S. recently, or sent your U.S.-made products abroad, you've probably noticed that the dollar is getting stronger. The stronger dollar is the sign of a healthier U.S. economy, but its strength has the potential to erode growth.

There are a number of factors behind the dollar's rise, says economist Jens Nordvig, a currency expert at Nomura Securities. The main one is the health of the U.S. economy.

Updated at 4:48 p.m. ET

President Obama is expected to lay out plans today intended to make it easier for cities, towns and rural communities to offer their citizens fast and cheap broadband Internet.

Venezuelan President Nicolas Maduro is trying to persuade his fellow OPEC leaders to reduce oil production as the price of crude continues to slide and hurt the Venezuelan economy, which depends on oil for 95 percent of its export revenue.

Maduro was in Qatar this week, seeking billions to shore up his economy.


Governor Dannel Malloy has sharply rebuked his own utility regulators in a dispute over how the agency should be governed.

The commissioners of the Public Utility Regulatory Authority, headed by chairman Arthur House, wrote to Malloy at the end of last month expressing deep dissatisfaction with the decision four years ago to bring PURA under the Department of Energy and Environmental Protection.

New England Brewing Co. / Facebook

A Connecticut brewery that drew condemnation in the U.S. and India for its beer that carries the name and likeness of Mohandas Gandhi said it's received threats and is seeking a way to end the uproar. 


It’s news that might be keeping some cable executives up at night: for the first time, viewers will be able to stream ESPN over the web. 

The price for a barrel of U.S. oil benchmark West Texas Intermediate fell below $50 Monday, matching levels seen in the spring of 2009. The drop is linked to both OPEC's boosted production and a stronger dollar.

Oil's latest fall came along with a dip on Wall Street, as the Dow Jones industrial average fell more than 330 points to finish at 17,501 — a drop of 1.86 percent that's also seen as a reaction to new instability in Europe.

Senator Chris Murphy said he believes he can get debate this session on one of his signature issues – making the U.S. government buy American more often.