Business

The Salt
3:18 am
Fri August 2, 2013

Massachusetts Revives The Lost Art Of Making Sea Salt

The Martha's Vineyard beach where Heidi Feldman collects saltwater to make sea salt.
Courtesy of Heidi Feldman

Originally published on Fri August 2, 2013 11:08 am

"Look for a house, barn, paddock, barking dogs and screeching peacocks."

Those were Heidi Feldman's instructions to me to find Down Island Farm in Vineyard Haven on Martha's Vineyard, Mass.

She forgot to mention the ram, free roaming chickens and miniature horse. But I managed to find it anyway.

Read more
Planet Money
3:17 am
Fri August 2, 2013

4 Reasons Why Millions Of Americans Are Leaving The Workforce

NPR

Originally published on Fri August 2, 2013 11:08 am

The unemployment rate only includes people who don't have jobs and are looking for work. A much larger swath of people — about 36 percent of U.S. adults — don't have jobs and aren't looking for work at all. That figure is higher than it's been in decades (and, conversely, the share of adults in the labor force — shown in the graph above — is lower than it's been in decades).

Here are four reasons why so many people are leaving the labor force.

1. They're retiring.

Read more
Social Responsibility
12:57 pm
Mon July 29, 2013

Doing Well By Doing Good: Social Enterprise

Sujata Srinivasan

Social entrepreneurship is becoming a buzzword with more people looking to solve social problems through the private market. In the conclusion of a three-part series on corporate social responsibility, WNPR’s Sujata Srinivasan looks at how entrepreneurs and policymakers are growing this sector.

Read more
News
4:28 pm
Fri July 26, 2013

Hedge Fund Pleads Not Guilty To Fraud Charges

General Council for SAC Capital Advisors LP, Peter Nussbaum exits Manhattan federal court, Friday, July 26, 2013, in New York. (Louis Lanzano/AP)

Prosecutors said a large volume of evidence including electronic messages, court-ordered wiretaps and consensual recordings is stacked against a Connecticut-based hedge fund that pleaded not guilty Friday to criminal charges accusing it of letting insider trading flourish for more than a decade.

Assistant U.S. Attorney Antonia Apps told a federal judge in Manhattan that investigators had “voluminous” evidence against SAC Capital Advisors, a Stamford, Conn.-based firm owned by billionaire Steven A. Cohen.

Read more
Business
7:06 am
Wed July 24, 2013

As Obama Renews Jobs Push, How Is The Economy Doing?

Workers line up pipe while drilling for oil outside Watford City, N.D. While the energy sector has been strong, millions of Americans have been out of work since the recession ended.
Andrew Burton Getty Images

Originally published on Wed July 24, 2013 10:35 am

The U.S. economy has been growing for four straight years — each under the leadership of President Obama.

But the pace of improvement has been disappointing to many, especially the nearly 12 million people still looking for work.

Read more
Social Responsibility
11:33 am
Mon July 22, 2013

Making Conscious Capitalism Work

Sujata Srinivasan

Many companies are finding that conscious capitalism is good for the brand. What's called corporate social responsibility can also boost employee morale and sometimes even the bottomline. In the second of a three-part series, WNPR’s Sujata Srinivasan looks at the ways in which businesses are making virtuous practices work for them.

“The fishing now upstream since this fish ladder went in is premo; it’s extraordinary. It’s much better than it’s ever been. I’m just psyched you guys have done it.”

Read more
Wooden Ships
8:51 am
Mon July 22, 2013

Mystic Seaport Launches Charles W. Morgan

J Holt

Yesterday, Mystic Seaport celebrated another major milestone in its effort to restore the only wooden whaling ship left in the world. 

On Sunday, the crowd overflowed from Mystic Seaport's shipyard, to boats spread across the river, and any piece of shoreline with a view. 

White- "Ladies and gentlemen," 

That's Seaport President Steve White.

White- "Welcome to the launching of the Charles W. Morgan on her 172nd anniversary. Welcome!"

Read more
Where We Live
11:19 am
Fri July 12, 2013

Kids as Conscious Consumers

Chion Wolf

Young teens and “tweens” are plenty comfortable with technology and networking - and they use iPhones to explore brands they’re interested in, and what they’d like to buy. But they can’t be manipulated easily - experts say they’re more independent and fickle than previous generations.

Read more
Where We Live
12:32 pm
Thu July 11, 2013

Magazine: Tribune, DSS, CT Rankings

The Tribune Company, owner of the Hartford Courant and Fox Connecticut, made an announcement yesterday that it’s going to split its broadcast and publishing divisions. It’s just another chapter in the ongoing saga of “the future of the newspaper industry.” Coming up, industry analyst Ken Doctor gives us his prognosis on our nation’s oldest continuously published newspaper.

 

Also, we’ll check in on the progress of the Department of Social Services and their technologically deficient agency.  They opened a new call center on Monday, and got 11,ooo calls! And,  the measure of America says Connecticut is the best state to live in. We agree, but we’ll find out why we came out on top.

Read more
Where We Live
10:33 am
Thu July 11, 2013

Connecticut: We're Number One!

creative commons

You might have seen this: another one of those studies just came out that paints a pretty negative picture of Connecticut.  CNBC ranked it’s “top states for business” - and Connecticut placed 45th.  The study measures things like the “cost of doing business” and “business-friendliness.”  It’s the sort of study that gets pointed to when we hear complaints about job creation.

Read more
Where We Live
10:18 am
Thu July 11, 2013

The Tribune Split: What's It Mean For The Future of Newspapers?

NS Newsflash, Creative Commons

The Tribune Company made an announcement yesterday that it’s going to split its broadcast and publishing divisions. It’s just another chapter in the ongoing saga of “the future of the newspaper industry.” The Tribune has owned the Hartford Courant since 2000, and more recently merged the paper  with the FOX News affiliate TV station. So what now? Industry analyst Ken Doctor joins us. 

Read more
News
10:00 am
Wed July 10, 2013

Employers Miss Out On Sick Leave Reforms

Harriet Jones

When Connecticut passed a law two years ago that required employers to provide paid sick leave it was the first state in the nation to do so. And so putting that law into practice has been something of an experiment. This year, businesses asked for some changes to make the law easier to comply with. But as WNPR's Harriet Jones reports, they didn't get them.

When you hear the sound of sirens in one of Eastern Connecticut's towns, it's a fair bet that the vehicle involved belongs to American Ambulance Service, based in Norwich.

 

Read more
Paid Sick Leave
10:00 am
Wed July 10, 2013

Employers Miss Out On Sick Leave Reforms

Harriet Jones

When Connecticut passed a law two years ago that required employers to provide paid sick leave it was the first state in the nation to do so. And so putting that law into practice has been something of an experiment. This year, businesses asked for some changes to make the law easier to comply with. But as WNPR's Harriet Jones reports, they didn't get them.

 

 

When you hear the sound of sirens in one of Eastern Connecticut's towns, it's a fair bet that the vehicle involved belongs to American Ambulance Service, based in Norwich.

 

Read more
Small Business
8:33 am
Mon July 1, 2013

Hartford's La Paloma Sabanera Closes

Johnathon Henninger

After a nearly decade long presence in Hartford's Frog Hollow neighborhood, a popular coffee shop and community hub closed its doors at the end of June.  

The story of the closing of La Paloma Sabanera Coffee House is a hard one to tell right. There's the recession, controversy over the new Hartford busway, an absentee landlord and a difficult rent negotiation, and even some tough winter weather. 

Iacobucci- "So it always seemed like we'd be able to take two steps forward, and one step back."

Read more
Small Business
8:33 am
Mon July 1, 2013

Hartford's La Paloma Sabanera Closes

Johnathon Henninger

After a nearly decade long presence in Hartford's Frog Hollow neighborhood, a popular coffee shop and community hub closed its doors at the end of June. WNPR's J Holt brings us its story.

 

The story of the closing of La Paloma Sabanera Coffee House is a hard one to tell right. There's the recession, controversy over the new Hartford busway, an absentee landlord and a difficult rent negotiation, and even some tough winter weather. 

Read more
Where We Live
10:39 am
Thu June 27, 2013

Social Enterprise: Business With The Aim To Make A Difference

Chion Wolf

Social Enterprise is a big idea that straddles for-profit and non-profit worlds, with an aim to make a difference. Today, local business leaders and entrepreneurs are working to make our state a social enterprise “hub.”  But can we turn from a place with lots of non-profits struggling for access to a very small pot of money - to an entrepreneur driven, socially conscious business community? This hour, we’ll talk to social enterprise guru Robert Egger, and also to a new Hartford business incubator who are looking to support social entrepreneurs.

Read more
Manufacturing
5:42 pm
Wed June 19, 2013

Connecticut Gun Maker Headed to South Carolina

Courtesy: PTR Industries

A Connecticut gun manufacturer is moving to South Carolina after the state legislature passed stricter gun control laws. Bristol's PTR Industries is the first gunmaker to formally announce a move.

For all the hype over Governor Rick Perry's Texas promotion this week, it was South Carolina that got the first nod from a Connecticut gunmaker. 

"PTR Industries will be relocating its entire facilities to Horry County, South Carolina, in the town of Ayner."

Read more
News
11:59 am
Tue June 18, 2013

Sandy Hook Center Coming Back To Life

For months after the Newtown school shootings last December, area shops and restaurants struggled to find customers in the Sandy Hook neighborhood. That trend may finally be reversing as a number of new businesses open up.

I’m standing at the doorway of Foundry Kitchen and Grill, a new restaurant in the Newtown neighborhood of Sandy Hook. Back in March this place was still under construction. Now, it’s buzzing with diners, even during lunch hour in a district that’s lost one of its major daytime customer bases: Sandy Hook Elementary School. 

Read more
News
11:13 am
Mon June 17, 2013

Alexion Breaks Ground on its New Headquarters

Courtesy Alexion Pharmaceuticals

Homegrown pharmaceutical company Alexion will break ground on its new headquarters in New Haven Monday. As WNPR's Harriet Jones reports, the move will also mean future hiring.

Alexion will build an eleven story global headquarters in New Haven's downtown crossing redevelopment, investing $100 million. The company began as an offshoot of research carried out at Yale, but moved out to Cheshire about 13 years ago, so spokesman Irving Adler says this is viewed as a homecoming.

Read more
Pharmaceutical HQ
11:13 am
Mon June 17, 2013

Alexion Breaks Ground On Its New Headquarters

Courtesy Alexion Pharmaceuticals

Homegrown pharmaceutical company Alexion will break ground on its new headquarters in New Haven Monday. As WNPR's Harriet Jones reports, the move will also mean future hiring.

Alexion will build an eleven story global headquarters in New Haven's downtown crossing redevelopment, investing $100 million. The company began as an offshoot of research carried out at Yale, but moved out to Cheshire about 13 years ago, so spokesman Irving Adler says this is viewed as a homecoming.

Read more
News
11:00 pm
Sun June 16, 2013

Blue Collar Tech Jobs Highlighted in "Hidden STEM Economy"

Pratt & Whitney in East Hartford

A new report out from Brookings confirms what many in Connecticut might have suspected: science, technology, engineering and math skills are vital to more than just universities and pharma companies. In fact, the study estimates 20 percent of all jobs -- about 26 million around the nation -- are dependent on a high level of skill in one of the STEM disciplines. That's a huge increase over previous estimates.

Read more
Entrepreneurs
10:22 pm
Sun June 16, 2013

Starting a Business Out of High School

Sujata Srinivasan

U.S. student loan debt is at $1 trillion and growing. The average college-related debt for a graduate is now $35,000. That has some students questioning the value of a college degree. WNPR’s Sujata Srinivasan met some entrepreneurs who began their companies fresh out of high school.

 

Read more
Business
2:27 pm
Thu June 13, 2013

What Does It Take to Run a Restaurant?

A New Haven, Connecticut sidewalk demonstrates some restaurant competition and a related need for parking.
Credit Ragesoss / Wikimedia Commons

"Eighty percent of restaurants fail within the first year," said Chris Conlon, owner of Smokin' With Chris in Southington. Why did he start a restaurant, then? "Pure stupidity." It takes a certain spirit of adventure.

Conlon, whose eatery specializes in BBQ, said he's been doing fairly well for about seven years now--and a lot of that success comes thanks to the involvement in his local community. He also is careful to add a personal touch, especially if he hears complaints about the food or the service.

Read more
Where We Live
11:08 am
Mon June 10, 2013

Small Business After Hours: Running a Restaurant

Ragesoss (Wikimedia Commons)

Running a restaurant is hard. Most fail the first year, and most of the rest fail soon after. Those who make it are rewarded with long hours, lots of bureaucracy, and the knowledge that they’re doing what they love.

Read more
The Faith Middleton Show
2:15 pm
Wed May 29, 2013

Authors of The End of Country and Do I Get My Allowance Before or After I'm

David Fulmer/flickr creative commons

Read more
Weathering the Downturn
11:55 pm
Thu May 23, 2013

Exporters Shift Focus

Sujata Srinivasan

The great recession drove many companies to look for sales overseas. A new survey of Connecticut companies shows that half of those responding said exports helped them weather the downturn. Now, domestic markets are looking up, but those firms still want to diversify across the world. WNPR's Sujata Srinivasan reports.

 

Read more
News
11:55 pm
Thu May 23, 2013

Exporters Shift Focus

Sujata Srinivasan

The great recession drove many companies to look for sales overseas. A new survey of Connecticut companies shows that half of those responding said exports helped them weather the downturn. Now, domestic markets are looking up, but those firms still want to diversify across the world. 

 

 

Read more
Health Insurance
1:30 pm
Mon May 20, 2013

Is Connecticut in for "Rate Shock?"

Commercial insurers are very close to revealing the rates they’ll charge for healthcare plans under the new Connecticut healthcare exchange. It’s been a long, uncertain road to get here.

Read more
Housing
12:40 pm
Thu May 16, 2013

Hartford-Area Landlord Settles Discrimination Suit

Fair housing advocates are celebrating a victory. They recently won a settlement from a Hartford-area landlord who allegedly denied apartments to people using public assistance to pay their rent. The Connecticut Fair Housing Center claimed the landlord, Paul Rosow, discriminated against people who received disability checks and housing assistance.

Read more
Where We Live
11:11 am
Wed May 15, 2013

Where We Drive: Chain Stores, Strip Malls and Sprawl

John Dankosky

Why is it that Americans are so fiercely individualistic, so protective of their rights to be “different," yet we all shop at the same few stores with the same products, in places that look the same?

If you’ve got a morning commute down a commercial thoroughfare, just look around...how many Dunkin’ Donuts do you pass? How many Walgreens or Subways? How did we get to a place where chain retail sprawl has become the norm?

Today, the Hartford Courant’s Tom Condon, a student of sprawl, joins me for a trip down Route 44. It’s part of my commute every day.

Read more

Pages