Business

Retail
6:30 am
Mon December 23, 2013

After Target's Data Breach, Customer Incentive Disappoints

Justin Sullivan Getty Images

Originally published on Mon December 23, 2013 9:06 am

Target is trying to get back in its customers' good graces after a massive data breach affecting some 40 million credit and debit account holders. The giant retail chain offered its customers a 10 percent discount over the weekend as an act of atonement, but business was said to be down anyway.

The breach affected customers who used their credit and debit cards at one of Target's 1,750 stores during a three-week period after Thanksgiving.

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Cost of Health Care
10:14 am
Fri December 20, 2013

Connecticut Works to Develop a Plan for the Future of Health Care

Credit Gubcio / iStock / Thinkstock

At the end of this month, Connecticut will submit a plan for a radical change in the way health care is delivered in the state. Connecticut is one of 16 states bidding for a $45 million federal grant to develop a model for the future of health care. 

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Mapping Uncertainty
10:10 am
Fri December 20, 2013

Study: Federal Budget Battles Cost Connecticut 20,000 Jobs

Businesses don't like uncertainty, but between recessions and government budget standoffs, they've had to get used to it in recent years. A new study from UConn looks at just how much the economy has been affected by sustained crisis management.

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Casinos
8:31 am
Fri December 20, 2013

Mass. Gaming Commission Approves Mohegan Sun Waiver Request

An artist's rendering of Mohegan Sun's proposed resort casino on Suffolk Downs race track property in Revere, MA

Originally published on Thu December 19, 2013 4:41 pm

The Massachusetts  Gaming Commission has formally approved a waiver to allow Mohegan Sun to go forward with a casino project in eastern Massachusetts

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Retail
7:05 am
Fri December 20, 2013

Shop On The Web Or In The Store; Each Has Risks

A customer prepares to sign a credit card slip Thursday at a Target store in Miami. The giant retailer says 40 million payment cards nationwide may have been compromised by data theft.
Joe Raedle Getty Images

Originally published on Fri December 20, 2013 8:37 am

Back in ye olden days — say, a decade ago — many holiday shoppers worried about using credit cards to buy gifts online. They feared their information would end up in the hands of computer hackers.

Turns out, walking into a store and swiping a credit card can be plenty risky, too.

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Hospital Labor Dispute
5:24 am
Wed December 18, 2013

Lockout Ends at Lawrence and Memorial Hospital

There's been a continuous picket outside the hospital's New London campus during the strike and the subsequent lockout.
Credit Harriet Jones

Nurses and technicians go back to work Thursday at Lawrence and Memorial Hospital in New London, after the hospital lifted its lockout order.

The move comes after a stand off of more than two weeks. Staff were locked out over the Thanksgiving weekend following a four-day strike.

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Telecommunications
11:15 pm
Tue December 17, 2013

Frontier to Buy AT&T's Landline Business

Credit Ciaran Griffin/Stockbyte / Thinkstock

Stamford-based Frontier Communications announced plans to buy the landline service of AT&T in Connecticut. About 1.4 million households in Connecticut will be affected by the sale of the business, which includes Internet subscribers and U-verse video customers. 

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Green Rush
11:53 am
Mon December 16, 2013

Vendors Prepare for Connecticut's Medical Marijuana Market

Kyle Orce of Fresh Solutions in Waterbury is a Northeast distributor for a portable humidifier designed to keep pills and marijuana in a moisture-controlled environment.
Sujata Srinivasan

The state Department of Consumer Protection is expected to award licenses by early 2014 to producers and dispensaries for the newly legalized medical marijuana market. In a ripple effect, other companies are also gearing up to grow market share in a new industry, estimated at $1.7 billion nationally by the Wall Street Journal, and predicted to quadruple in size during the next five years. 

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Federal Budget
10:14 am
Mon December 16, 2013

UTC Chief Welcomes Stability in Budget Deal

UTC's headquarters building in Hartford.
Credit Creative Commons

The budget deal reached last week in Washington will have a real economic impact on companies in Connecticut. United Technologies CEO Louis Chenevert welcomed the agreement, saying it gives his defense dependent corporation more ability to plan for the future.

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Fish Imports
2:49 am
Mon December 16, 2013

Battle Of The Bottom Feeder: U.S., Vietnam In Catfish Fight

Freshly caught catfish wriggle in large nets in Doddsville, Miss.
Jackie Northam NPR

Originally published on Mon December 16, 2013 1:17 pm

Bill Battle peers through the window of a pickup truck at his catfish farm, Pride of the Pond, near Tunica, Miss. The land is pancake-flat, broken up by massive ponds, some holding up to 100,000 pounds of catfish.

Cormorants fly low over the ponds, keeping an eye out for whiskered, smooth-skinned fish. Battle keeps a shotgun in the front seat; business is hard enough without the birds cutting into his profit.

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Infrastructure
2:59 pm
Thu December 12, 2013

Connecticut Businesses to State Government: "Fix Our Roads"

Aleksandra Glustsenko / iStock Thinkstock

Business leaders said in a new survey that their top priority for transportation in Connecticut is addressing overcrowded roads.

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Innovation
11:13 am
Thu December 12, 2013

North Haven Company Joins Smart America Challenge

Solar panels on building tops are part of smart grids, which give real-time data about energy usage and are part of the "Internet of Things."
Credit National Institute of Standards and Technology

A Connecticut company was among those at the White House Thursday for a summit about the emerging Internet of Things. 

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Labor
4:51 pm
Tue December 10, 2013

Talks Canceled in Lawrence and Memorial Hospital Dispute

Union negotiators wait at the Olympic Best Western Hotel in Groton.
Credit Harriet Jones

There's been no progress yet towards ending the labor dispute at Lawrence and Memorial Hospital in New London. Talks between unions and management scheduled for today were canceled.

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WAMC News
11:36 am
Tue December 10, 2013

Investigators Find MGM "Suitable" To Bid For Massachusetts Casino License

An artist's rendering of the MGM Resort casino project proposed in downtown Springfield, MA.

Originally published on Mon December 9, 2013 6:17 pm

MGM Resorts International appears to have cleared a key hurdle in the quest to build a resort casino in Springfield, Massachusetts.  The results of a 10-month investigation by Massachusetts gaming industry regulators were released today.

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Employer Health Care
10:49 am
Tue December 10, 2013

Will Your Health Plan Become Like Your 401K?

Access Health CT's latest enrollment stats, as of December 5, 2013.

The Affordable Care Act wasn't aimed at people who already get health care through their employers, but it's having such a revolutionary effect on the marketplace, they might end up feeling its effects anyway. 

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Business
5:12 am
Tue December 10, 2013

BP Argues Companies Are Unfairly Cashing In On 2010 Spill

The Deepwater Horizon oil rig burns in the Gulf of Mexico in April 2010.
Gerald Herbert AP

Originally published on Tue December 10, 2013 12:56 pm

Oil giant BP is challenging hundreds of millions of dollars in claims that were filed by businesses after the company's 2010 oil spill in the Gulf of Mexico.

The total price tag for BP's oil spill is huge — $42.5 billion. At issue here is a fraction of that — but still a lot of money. BP says $540 million has been awarded to businesses for losses that "are either nonexistent, exaggerated or have nothing to do with the Deepwater Horizon accident."

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Labor Negotiations
4:18 pm
Mon December 9, 2013

Machinists Ratify Contract and Face Job Cuts

Pratt and Whitney's East Hartford headquarters.

Machinists at jet engine maker Pratt and Whitney have voted narrowly to accept a new three year contract. The deal was controversial because of differences over job security.

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Where We Live
9:00 am
Mon December 9, 2013

Connecticut at Work

Dan Haar and Congressman Joe Courtney
Catie Talarski

We're broadcasting live from Wesleyan University, where the Connecticut Humanities Council is kicking off a day-long look at the past, present, and future of work life in Connecticut.

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Gun Industry
1:04 am
Mon December 9, 2013

Legislative Turmoil, but Record Sales for Connecticut Gun Makers

Mark Malkowski with one of the weapons his company, Stag Arms, makes in New Britain
Harriet Jones

It’s been a momentous year for the gun industry in many ways, and for Connecticut’s gun makers more than for most. Events in Newtown changed the landscape for an industry which some people feel is implicated in the tragedy.  

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Advanced Technology
2:11 pm
Fri December 6, 2013

Technology Center Offers Help to Small Manufacturers

A five-axis waterjet cutting head can be used to cut intricate, three-dimensional parts on a CNC waterjet cutting machine -- the kind of technology that can be too expensive for small manufacturers.
Credit WARDJet / Creative Commons

Manufacturers who want to solve technical problems or use new advanced processes are being offered state assistance. The Connecticut Center for Advanced Technology in East Hartford is looking for up to five small or mid-sized companies for its Manufacturing Technical Assistance Program

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Debit Cards
8:38 am
Fri December 6, 2013

Security Lapse at JP Morgan Chase Affects Connecticut Residents

Credit Elph / Creative Commons

More than 14,000 Connecticut residents may have had their personal information compromised in a data breach from JP Morgan Chase. 

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Code Switch
3:32 pm
Thu December 5, 2013

Why Isn't Open Source A Gateway For Coders Of Color?

The hands of this ostensibly black stock photo model might be coding on an open-source project. But probably not.
istockphoto

Originally published on Thu December 5, 2013 7:03 am

All this month, our friends at Tell Me More are digging into the role of blacks in technology. You can join the conversation on Twitter with the hashtag #NPRBlacksInTech.

Software development is a huge and growing industry, and there are likely to be far more jobs in the future than there are folks to do them. But today, there's a paucity of blacks and Latinos in software development positions.

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Day of Action
8:56 am
Thu December 5, 2013

Local Fast Food Workers Campaign for Higher Wages

Fast food workers picketed while on strike last summer at State House Square in Hartford.
Credit Harriet Jones / WNPR

Workers in the fast food industry in Hartford and New Haven are taking part in a nationwide day of action today, campaigning for higher wages.

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Lost Revenue
8:38 am
Thu December 5, 2013

Don't Register Your Business With The State? It Might Get Dissolved.

Secretary of the State Denise Merrill on WNPR's "Where We Live" earlier this year.
Credit Chion Wolf / WNPR

The Secretary of the State, Denise Merrill, said she may seek the authority to dissolve companies that don't comply with state registration requirements.

All businesses forming in the state must register with the office each year. 

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Hospital Strike
8:37 am
Thu December 5, 2013

Lawrence and Memorial Hospital Makes "Final Offer" to Striking Workers

State Senate President Donald Williams joined striking workers at Lawrence & Memorial Hospital last week.
Credit Senate Democrats

Lawrence and Memorial Hospital has written to its workers detailing what it's called its last, best and final offer.

It's the latest move in a labor dispute that has seen a four-day strike by about 800 nurses and technicians, followed by a still-ongoing lockout.

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Open Government
11:56 am
Wed December 4, 2013

Malloy Touts Economic Track Record, Launches New Transparency Initiative

Governor Dannel Malloy signed a new executive order to increase transparency in state investments to promote economic development.
Sujata Srinivasan

The public will soon have access to a one-stop web portal for information on tax credits and direct financial assistance the state is offering to help businesses grow and expand in Connecticut. Governor Dannel Malloy at a press conference in Bloomfield said taxpayers have the right to know what their state government is doing to promote economic development and job creation. 

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Sales
3:21 pm
Tue December 3, 2013

'Giving Tuesday' Follows Record-Breaking Cyber Monday

(givingtuesday.org)

Originally published on Tue December 3, 2013 4:19 pm

Cyber Monday, the Super Bowl of online sales, broke all records this year, with sales up 19 percent over last year.

Mobile traffic accounted for 13 percent of total site visits, and sales are projected to reach $2 billion for desktop online sales, according to comScore.

But the bonanza isn’t over. Today is “Giving Tuesday.” The movement to create a national day of giving started last year, raising $10 million dollars for more than 2,500 charities nationwide.

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Forecasting the Future
9:44 am
Tue December 3, 2013

Connecticut Manufacturing Shows Dynamic Growth and Destruction

The F119 engine, made in Connecticut by Pratt & Whitney
Credit Pratt & Whitney

Connecticut has created 40,000 new manufacturing jobs since the end of the recession. But paradoxically, the sector is still shrinking.

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Where We Live
9:00 am
Tue December 3, 2013

The Suburban Corporate Wasteland

The Hartford's campus in Simsbury at 200 Hopmeadow Street.
Town of Simsbury

One hundred seventy three acres of office space in Simsbury is up for sale, formerly The Hartford, but now what? It’s not a new story. Decades ago, many corporate headquarters moved from cities to the suburbs into sprawling campuses surrounded by trees. Now with downsizing and cost cutting, many of these suburban “temples” sit empty. 

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Technology
11:22 am
Mon December 2, 2013

Getting To Know Black Innovators, One Tweet At A Time

Pitch Mixer founder Ayori Selassie speaks at an entrepreneur forum.
Tamara Orozco

Originally published on Mon December 2, 2013 12:37 pm

There is no question that Silicon Valley, Silicon Alley, Silicon Beach and all of the other places we associate with tech entrepreneurism face diversity problems.

African-American innovators represent just 5 percent of America's scientists and engineers, according to a 2010 study by the National Science Foundation.

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