Business

Employment
9:37 am
Wed February 27, 2013

Jobless Experiencing "Search Friction"

Sean Mack, Wikimedia Commons

Connecticut’s recovery has been marked by persistent high unemployment. But many employers are starting to complain that they can’t find the skilled workers they need. WNPR’s Sujata Srinivasan asks – is that because they aren’t out there, or could it be that they’re just hard to find?

Read more
Where We Live
3:50 pm
Thu February 21, 2013

LIVE from The Grove, New Haven

Chion Wolf

A few years ago, we broadcast from "The Grove" in New Haven's Ninth Square, when it was part of "Project Storefront" - an attempt to breath life into a neighborhood that needed help.

Now, this co-working space, which draws entrepreneurs from all over, is part of a state-sponsored innovation "hub" - as well as a center of activity for a thriving neighborhood.

Read more
Expenses
8:51 am
Mon February 11, 2013

Rant & Rail: Transportation and the Budget

Governor Malloy’s proposed budget includes some bad news for commuters, including bus-riders. Some transportation advocates say Malloy is cutting too much money at a time when transit ridership is at an all-time high and infrastructure is crumbling. 

Read more
Creating Revenue
8:49 am
Mon February 11, 2013

New Director for Mark Twain House

Sujata Srinivasan

The Mark Twain House & Museum will soon have a new executive director. WNPR’s Sujata Srinivasan spoke to Cindy Lovell on her plans to preserve Twain’s legacy, increase revenue, and promote tourism.

 

Read more
Where We Live
10:58 am
Tue January 29, 2013

Connecticut Startup Culture

Chion Wolf

It’s been a little over a year since Governor Dannel Malloy announced Startup Connecticut - an effort to support entrepreneurship in the state. The idea is to create an “innovation ecosystem” to grow the economy. The state is setting up four innovation hubs.  

Read more
Jobs
3:59 pm
Fri January 25, 2013

Unemployment Data Conundrum

Sujata Srinivasan

The state unemployment rate dropped for the second month in a row in December. But the numbers have been volatile with intermittent highs and lows that sometimes don’t seem to add up. WNPR’s Sujata Srinivasan takes a look at why short-term figures may not always show the long-term picture. 

Read more
In the workplace
9:03 am
Tue January 22, 2013

Employers Urged to Tackle Domestic Violence

Harriet Jones

Advocates who work with domestic violence victims in Connecticut say many times the workplace can be a key to stopping abuse and saving lives. And they say many of the state’s employers could be doing a whole lot more to help. 

 

 

The law firm of O’Brien Tanski and Young is located right in downtown Hartford.

“We used to be a very open law firm. We didn’t lock the door and people came and went without thinking.”

Read more
Job Growth
9:58 am
Fri January 18, 2013

Are We Still the Land of Yankee Ingenuity?

Wiki Commons

Economists and policymakershave been shaking their heads at the lackluster job growth in the aftermath of the Great Recession. But economic downturns are nothing new. With ingenuity, the state has bounced back through some very tough times in the past. WNPR’s Sujata Srinivasan takes a look at the nature of the recovery from an historical perspective.

The poet P.B. Shelly said: “History is a cyclic poem.” That may well hold true for the land of steady habits, which – since Colonial times – has reinvented its economy repeatedly to meet the needs of the day.

Read more
FuelCell Energy Inc.
4:26 pm
Thu January 17, 2013

North America's Largest Fuel Cell Plant Coming to Bridgeport

Courtesy of FuelCell Energy, Inc.

The Danbury-based FuelCell Energy Inc. recently announced plans to go forward with construction in nearby Bridgeport, Conn. of what will be North America's largest fuel cell. 

Covering a space less than two acres, the plant will produce 15 megawatts of electricity from natural gas provided by the Connecticut utility company United Illuminating. The electricity, which will be enough to power 15,000 homes, will then be sold to Connecticut Light & Power.

Read more
Finance
8:34 pm
Sun January 6, 2013

Microfinance Faces A Remade Future

Sujata Srinivasan

Microfinance – or small-scale loans – has rapidly grown into an international business that connects investors with impoverished borrowers around the world. Currently, microfinance institutions (MFIs) operate in over 100 countries and fund more than 92 million borrowers, according to the Microfinance Information Exchange. For-profit firms like Stamford-based Developing World Markets (DWM) invest in MFIs in India, which in turn provide loans to poor entrepreneurs, primarily women.

Read more
Jobs
4:44 pm
Thu December 13, 2012

Hartford's Colt Complex Gets New Tenant

Jeff Cohen/WNPR

The historic Colt complex in Hartford just got a new tenant. WNPR's Jeff Cohen reports. The Colt has been in development limbo for years, and it's gone through a series of developers. But things are looking up.

Read more
Recycling
11:44 pm
Mon December 10, 2012

How Trash Turns Into Jobs

Heather Brandon / WNPR

It might come as a surprise that recycled garbage makes quite an impact on the state’s economy. WNPR’s Sujata Srinivasan takes a look at the sweet side of trash.

Read more
'Tis the Season
10:56 am
Wed November 21, 2012

Small Retail Eyes Holiday Wallets

Harriet Jones

While shoppers gear up for Black Friday – maybe even for the midnight doorbusters on Thanksgiving  – small businesses are hoping they won’t be forgotten in the holiday rush. This weekend marks the third annual Small Business Saturday. WNPR’s Harriet Jones reports.

If you’re a regular traveler on I-95, the name Clinton might bring to mind the big outlet mall that looms over the highway near that town.

Read more
Sandy's Side Effects
12:42 pm
Tue November 20, 2012

Flood Insurance Rates Set To Rise

The National Flood Insurance Program promises help for businesses and homeowners caught in devastating weather events like Sandy. But it’s a huge burden on taxpayers, and some critics argue that it encourages building in flood-prone areas. WNPR’s Sujata Srinivasan reports on how new rate increases for the program might affect its future.

Nearly 40% of small businesses that sustain severe flood damage in natural disasters subsequently close down. Pop’s Grocery on Main Street in Bridgeport is struggling to stay off that list.

Read more
Weather
10:38 am
Tue November 13, 2012

Green Insurance May Get Boost From Sandy

NASA

Storms like Sandy are a huge liability for homeowners, businesses, and insurers. And one forecast say future weather-related losses will increase by up to 30% in Northeast coastal regions. Now some are asking if the insurance market could be a new lever to mitigate weather-related risks. WNPR’s Sujata Srinivasan reports on the opportunities for green insurance products.

Read more
Fruity Business
11:46 am
Tue November 6, 2012

Origin of Ostensibly Connecticut-Grown Wine is Called Into Question

CJSingh (Creative Commons)

Connecticut boasts about 34 wineries, each making their own varieties of wine. State law requires wineries to make their wines with at least 25 percent juice made from Connecticut-grown grapes. But there are suspicions that some vintners are skirting that law, and that is making some growers who are complying with the law angry. Hartford Advocate senior staff writer Gregory Hladky broke the story, and he joins us by phone.

Read more
Connecticut
11:13 am
Mon November 5, 2012

Federal Loans For Small Businesses Hit By Sandy

Sujata Srinivasan

If you’re a business owner affected by Superstorm Sandy, you may be eligible for a loan from the U.S. Small Business Administration. WNPR’s Sujata Srinivasan reports from a FEMA Disaster Recovery Center in Bridgeport.

Read more
Where We Live
9:53 am
Fri October 19, 2012

Gambling in Connecticut

graciepoo (Flickr Creative Commons)

After two decades, casino gambling in Connecticut has become a regular part of life here. Foxwoods Resort Casino and Mohegan Sun bring in visitors from around the country and they’re two of the biggest casinos in the world.

The state relies on them for revenue, which comes from those who lose money while gambling. They’re also bigtime entertainment destinations for area residents.

We’ll talk to the authors of two very different books about Connecticut’s casinos.

Read more
Energy Overhaul
12:22 pm
Mon October 8, 2012

Energy Plan Makes Bet On Natural Gas

Harriet Jones

The Malloy administration’s new energy overhaul is winning both plaudits and protests. The centerpiece of the policy is a huge investment in natural gas infrastructure, and as WNPR’s Harriet Jones reports, it has implications for many businesses in the state.

Governor Dannel Malloy says his new energy policy reframes an old debate.

“It used to be that you could only be pro-business or pro-environment. Let me say clearly that I reject that as a false choice.”

Read more
Where We Live
11:14 am
Wed October 3, 2012

Fast-Growing Companies

Chion Wolf

We recently learned about the 40 “fastest-growing” tech companies in the state. The list includes bio-science, IT, manufacturing, and green technology firms. Matt Nemerson of the Connecticut Technology Council says the list is a kind of guide to a new economy for the state.

Read more
Temporary Jobs
12:28 am
Tue October 2, 2012

Seasonal Hiring Picks Up

Harriet Jones

It’s time for additional hiring in some industries, as we head into the holiday season. WNPR’s Sujata Srinivasan reports on the outlook for seasonal employment this year.

Connecticut retailers are cautiously optimistic at what could be a promising holiday season. A key indicator, the Consumer Confidence Index measured by the Conference Board rose nine points this September, rebounding to levels seen earlier in February. Timothy Phelan is president of the Connecticut Retail Merchants Association.

Read more
Funding education
1:40 pm
Mon September 24, 2012

New Cash for Connecticut's Community Colleges

Harriet Jones

U.S. Labor Secretary Hilda Solis was in Connecticut Friday, bringing a two-fold message to the state’s community colleges. She promoted the $12 million the administration has invested in new programs here, but as a prominent Latina, she also spoke about the importance of training the Latino workforce. 

Read more
Business
11:35 am
Mon September 24, 2012

QE3 - The Good, The Bad And The Ugly

Sujata Srinivasan

The US Federal Reserve launched a third round of quantitative easing last week, concerned about a lack of consumer and business spending. Dubbed QE3, the policy’s great for borrowers, bad for retirees on fixed income, and a mixed bag for Connecticut regional banks. WNPR’s Sujata Srinivasan reports.

Read more
Where We Live
9:52 am
Wed September 19, 2012

Small Business Breakfast: Norwalk

Fred S.C. Li

Today we're broadcasting from one of the cultural meccas of Fairfield County - a waterside aquarium that hosts a half-millionlion visitors each year.  Among other things, they have exhibits of seals and fish, and lots of stuff for kids. 

Four times a year, WNPR's Small Business Project goes on the road to take the pulse of small business in our state.  Today, we'll be visiting with business leaders from the shoreline to talk about something that's unavoidably important this year: the politics of small business.

Read more
A Gamble
10:29 am
Thu August 23, 2012

Regional Roundtable: Casinos, Lobsters, and Presidential Politics

MGM Springfield

Could we someday have the “Springfield Strip?”  

Yesterday MGM unveiled their plans to revive the struggling Massachusetts city by pumping 800 million dollars into a gambling resort, entertainment complex, and housing development. It’s one of several proposals on the table as Mass tries to take on Connecticut casinos.

Read more
Housing
11:12 am
Tue August 21, 2012

As Housing Market Recovers, Small Businesses Pick Up The Pieces

Harriet Jones

There are widespread reports of the resurrection of the housing market. National data due out this week are expected to show a bump in sales of both existing and new homes. But for the small businesses supported by the industry, it’s been a long slow journey out of the deepest housing slump in a generation. 

Read more
Credit Ratings
7:47 am
Wed August 1, 2012

Ratings Agencies Downgrade New Haven's Financial Outlook

Last week  two ratings agencies changed their financial outlook for the city of New Haven from stable to negative. Mayor John DeStefano says he can’t disagree with that.

Mayor DeStefano says he’s pleased that Standard and Poor’s and Fitch Ratings did not downgrade New Haven’s credit ratings. The actual ratings were affirmed. But the city’s financial outlook declined.  

Read more
Manufacturing
4:36 pm
Wed July 18, 2012

Sustainable Building Systems, Inc. to Open Global Headquarters in Connecticut

Diane Orson

Governor Malloy announced on Wednesday that a newly formed company - Sustainable Building Systems, Inc. - will establish its global headquarters in Connecticut with financial help from the state. The startup is expected to employ more than 400 people within four years.

The joint venture between Arizona-based Diverse Services Group and The Weeks Group of Australia will be headquartered in North Haven. 

Read more
Overseas Market
11:42 am
Wed July 18, 2012

Gaining Marketshare In India

The Faith Middleton Show
1:12 pm
Mon June 25, 2012

Financial Analyst Bob Kreitler, The Black Quarterback Syndrome

Tom Thai/flickr creative commons

Join Faith and a financial analyst for a look at managing your money now.

Read more

Pages