Business news

Mashpee Wampanoag Tribe / Facebook

Tribal and city officials are touting the economic benefits of a $500 million resort casino that the Mashpee Wampanoag tribe hopes to build in the city of Taunton, Massachusetts, 40 miles south of Boston.

When Apple recently updated its TV box the redesign included a remote that also functions as a game controller. Apple isn't trying to compete with powerful consoles such as Microsoft's Xbox or Sony's PlayStation. But, Apple is competing with Google and Amazon to attract a much bigger but different gaming audience.

Plans by the Mashpee Wampanoag Tribe to build a casino in Taunton, Massachusetts, will not affect Twin River's quest to create a so-called "convenience casino" in Tiverton, a Twin River spokeswoman said Monday,

"It has no bearing on our plans in Tiverton," spokesman Patti Doyle said.

The Mashpee Wampanoags are staging a noon Monday news conference at Taunton City Hall to discuss their plans.

A new study shows people exited New York in droves in 2013, and while there is disagreement as to why they left,  another report suggests taxes could be playing a significant role.

Ken Teegardin flickr.com/photos/teegardin / Creative Commons

Connecticut's Insurance Commissioner has sold off stock she held in Cigna, her former employer. 

purple_onion / Creative Commons

It wasn’t that many years ago that gambling was seen as a pretty good bet when it comes to improving the state’s economic situation. In Connecticut, two tribal casinos were thriving and spinning off slot revenues into the general fund. Then came the recession and declining revenues just as other states started to get into the gambling business.

Now, in a move that couldn’t have been predicted a decade ago, both state tribes have agreed to work together on a new casino to help stave off a threat from Massachusetts. That plan is now under legal attack.

Carol M. Highsmith / Creative Commons

United Illuminating has reached an agreement with the state to pay for the massive environmental cleanup of a polluted former power plant site in New Haven.

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Apple Growers Enthusiastic About Fall Crop

Sep 17, 2015

It’s September, and apples are clustered on tree branches across New England and New York.  Orchardists are expecting an ample, though not quite bumper, crop across the region.

JD Lasica flickr.com/photos/jdlasica / Creative Commons

U.S. Senator Chris Murphy said that he, U.S. Senator Richard Blumenthal, and U.S. Representative Jim Himes met with General Electric Co. chief executive Jeff Immelt in an effort to keep the industrial giant from leaving Connecticut.

MGM Resorts International

MGM Resorts doesn’t have anything nice to say about the newly formalized partnership between the Mashantucket Pequots and the Mohegans in Connecticut. 

New Lebanon, New York is a town of roughly 2,300 people nestled in between the Berkshire Mountains and the Hudson Valley. In a town that small you might wonder why anyone would stop other than to fill up the gas tank or grab a bite to eat, never mind a tourist attraction. But what if the attraction was life in a small town itself? WAMC’s Jim Levulis explores an effort to immerse people in the backbone of America.

Chuck Miller / Creative Commons

A new commission charged with improving Connecticut's economic competitiveness wants input on exactly why companies like General Electric don't believe the state is a good place to do business. 

United Technologies Corp.

United Technologies Corp. officials have announced a reorganization that includes running the subsidiaries Otis Elevator and United Technologies Climate, Controls and Security as stand-alone businesses with new presidents. 

JD Lasica flickr.com/photos/jdlasica / Creative Commons

General Electric’s CEO said the company will decide in the fourth quarter of this year whether to move out of Connecticut.

Jeff Immelt spoke publicly for the first time about the possibility of the relocation in an interview on CNBC.

The tribes that own Connecticut’s two casinos signed a partnership today to pursue developing a third casino to compete with the planned MGM Resorts casino in Springfield.

MGM has denied it might downsize the $800 million dollar hotel-casino complex planned in Springfield if faced with competition close by in Connecticut. 

Springfield Mayor Domenic Sarno Thursday said he expects MGM to build a resort casino that will employ 3,000 people, as promised.

Kinder Morgan Energy Partners, L.P.

America’s fourth largest energy company, Kinder Morgan, has some big plans for the Northeast. Pipeline plans, that is. 

Ryan Caron King / WNPR

The National Labor Relations Board has filed a complaint against the Hartford Symphony Orchestra for failing to come to the bargaining table to hammer out a new contract with the orchestra's musicians.

GotCredit/flickr creative commons

Gone are the days of graduating from college, paying your dues with a few entry-level positions, and landing a 30-year career with a big corporation, complete with retirement benefits.

InfoQuarter.com / Creative Commons

The tribes that own Connecticut's two casinos are taking another step in their bid to open a third casino north of Hartford. 

The Mashantucket Pequot and Mohegan tribes hosted a signing ceremony Thursday at the State Capitol in Hartford to formalize their partnership. 

Apple's latest press event wasn't really filled with surprises: Though the rumor mill always has churned before Apple events since the death of Steve Jobs, the rumors have gotten more accurate, so it wasn't a surprise that Apple upgraded its iPhones, iPads and Apple TV.

Here are a few impressions of the new offerings:

Apple TV

Of the products announced Wednesday, this was the most interesting, and, just maybe, the most revolutionary.

One Connecticut lawmaker is calling for a special session to repeal a new tax on corporations which he says is forcing General Electric out of the state. 

The United Airlines chief executive officer, Jeff Smisek, and two other high-ranking United employees resigned Tuesday amid internal and federal investigations.

"Jeff's departure is in connection with the company's previously disclosed investigation," board member Henry Meyer said in a conference call with analysts, according to Reuters.

Seattle Municipal Archives / Flickr Creative Commons

A 1965 Senate subcommittee predicted that Americans would work 14-hour weeks by the year 2000. Needless to say, their prediction was a little off. Fifty years later, the five-day, 40-hour work week remains the standard here in the U.S. 

Chion Wolf / WNPR

In June, General Electric confirmed it’s considering a move out of Connecticut. The news came amid a state budget battle over corporate tax hikes. 

Harriet Jones / WNPR

Connecticut’s tourism industry is seeing a healthy rebound this year, more than doubling national growth rates. 

Hiring an employee is an expensive proposition. Workers' compensation, social security and other expenses can run thousands of dollars a year, so it's no surprise that companies often try to reduce expenses keeping workers off the payroll, calling them independent contractors instead.

But sometimes they do so in violation of state law. And in a new report, State Auditor Doug Hoffer says the state isn't doing enough to stop a practice known as "misclassification."

The world’s largest maker of passenger rail cars is planning to break ground this week on a new factory in western Massachusetts.

Governor Charlie Baker is among the officials scheduled to speak Thursday at the ceremony to mark the start of construction on a $60 million 200,000 square foot factory on Springfield’s east side. 

CNR-MA, a subsidiary of Chinese government-owned Changchun Rail Vehicles, purchased the 40 acre site for $12 million, according to spokesperson Lydia Rivera.

Construction to upgrade one of Connecticut’s most important freight rail lines can begin, after the state received an $8 million federal grant. The funding arrives as the issue of how we move goods around the state is coming front and center. 

Heather / Creative Commons

Connecticut’s Insurance Department has called on one health insurer to raise its premiums more than the company requested for next year, saying it had underestimated medical inflation and overestimated cost savings.