Business

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
The Faith Middleton Show
1:34 pm
Mon June 18, 2012

Money Rules

Daniel Borman/flickr creative commons

Jean Chatzky is a personal finance expert and she talks about the simple path to lifelong security in her book, Money Rules.

Read more
Entrepreneurship
9:40 am
Mon June 4, 2012

Bootstrapping Your Business

Courtesy Tigerplish, Flickr Creative Commons

You’d think most entrepreneurs would follow the Facebook formula for success. Take an idea, bankroll it with venture capital, and float an initial public offering worth billions of dollars. But that’s not what every start-up wants. WNPR’s Sujata Srinivasan reports.

Read more
Innovation
12:14 pm
Tue May 29, 2012

Orphan Inventions Get New Life

Courtesy of the IP Factory

When it comes to inventing things, Connecticut still punches way above its weight. But sometimes the good ideas dreamed up here end up languishing on a shelf instead of making a difference in people’s lives. WNPR’s Harriet Jones reports on a new project that aims to find a home for orphan technologies.

Read more
Slogans
10:04 am
Tue May 15, 2012

Connecticut Launches New Marketing Campaign

The state has launched its new marketing campaign with the slogan – “Connecticut, Still Revolutionary.” The campaign is the result of a four-month project conducted by an outside consultancy.

The state will spend $27 million over two years marketing itself as a tourism destination – a far cry from the recent past, when Connecticut’s marketing budget was reduced to just one dollar. At a press conference to launch the new campaign, the state’s tourism director Randy Fiveash says surveys elsewhere in the country show that budget cut hurt Connecticut.

Read more
Entrepreneurs
12:59 pm
Mon May 7, 2012

Optimism, Ideals Drive Teen Entrepreneurs

Sujata Srinivasan

Most people wait till adulthood to discover their knack for business. But others tap into their entrepreneurial spirit before they even hold a drivers license. In the second of a two part series on young inventors, WNPR’s Sujata Srinivasan meets the teen entrepreneurs.

Read more
Student Debt
2:34 pm
Tue April 24, 2012

Interest Rates On Some College Loans To Double In July

Unless Congress acts, interest rates on certain college loans are set to double this summer.  WNPR looks at what that would mean for Connecticut students.

More than 84 thousand college and university students in Connecticut had subsidized Stafford student loans last year.  Their interest rate was 3.4% thanks to the College Cost Reduction and Access Act which locked in a low rate for four years. 

Read more
The Faith Middleton Show
2:23 pm
Thu April 19, 2012

Money Rules

Daniel Borman/flickr creative commons

Jean Chatzky is a personal finance expert and she talks about the simple path to lifelong security in her book, Money Rules.

Read more
Land Ut-Oh!
11:32 am
Thu April 5, 2012

Morning Edition: The End Of The Land Swap

Nancy Eve Cohen

Last year the state legislature and Governor Dannel Malloy approved a controversial land swap deal in Haddam. Now, the developer who initiated the swap has now withdrawn from the deal.

Riverhouse Properties offered 87 acres of forest land in the Higganum section of Haddam in exchange for 17 acres of state owned open space along the Connecticut River. After years of resistance from environmentalists and town officials, the state okayed the land swap deal during the 2011 legislative session.

Read more
Local Impact
10:24 am
Tue April 3, 2012

Connecticut Bids To Attract, Retain Foreign Companies

Connecticut is home to nearly a thousand U.S. subsidiaries of foreign companies. Names like Lego, UBS, RBS, and Nestle. WNPR’s Sujata Srinivasan reports on how insourcing – the growth of these companies here in Connecticut – plays a role in the state’s economy.

Read more
The Faith Middleton Show
4:39 pm
Thu March 8, 2012

Financial Advisor Bob Kreitler

Get the latest on the economy, and protecting and growing your money. Tips from our financial analyst. Plus a look at the novel about a real life experiment, having college students raise babies from adoption centers. Learn how it changed the lives of the children and students.

Read more
Rocky Hill
11:25 am
Mon March 5, 2012

New Leadership For Connecticut Innovations

Sujata Srinivasan

Connecticut Innovations has a new chief executive officer in charge of a potential merger and a much larger investment portfolio. Claire Leonardi spoke to WNPR’s Sujata Srinivasan on how she plans to shake up the organization.

Claire Leonardi brings more than 30 years of experience in the financial services industry to her new job as CEO of Connecticut Innovations – or CI – a state-funded organization in Rocky Hill that invests in advanced technology ventures.

Read more
Business
11:16 am
Fri March 2, 2012

Angels Seek Connecticut Investments

falcon1961, Flickr Creative Commons

Connecticut’s angel investment tax credit appears to be working as new figures show increased funding for start-up companies. Less encouraging, venture capital investments, the next stage of funding required for a company to grow, declined statewide last year. WNPR’s Sujata Srinivasan reports. 

Read more
Coming Home Project
3:00 pm
Thu March 1, 2012

Business Boot Camp Gives Veterans A New Start

Edward Young, whose automotive transport business is based in Milford, Conn., arrives to pick up a car to be delivered to Pennsylvania from the Valenti auto dealership in Watertown, Conn.
Rick Hartford Hartford Courant

The pullout of American troops in Iraq and those returning from Afghanistan have brought many service members back to their families and into the civilian job market.

While there is a new law that offers incentives to employers who hire them, many veterans across the country are trying to start their own businesses. A rigorous, free program started at Syracuse University is giving them the tools to be their own boss.

Read more
Ticket Resale Legislation
10:26 am
Thu March 1, 2012

State Official Weighs In On Ticket Resale Proposal

TicketNetwork has pulled out of Connecticut’s First Five economic development program.  The news comes after the recent arrest of Don Vaccaro, CEO of the South Windsor-based company. Vaccaro has been charged with a hate crime and has taken an indefinite leave from TicketNetwork.

Meanwhile, Connecticut’s Department of Consumer Protection has just submitted to lawmakers its analysis of the ticket sales industry, and its view on a controversial proposal to change ticket sale laws in the state. 

Read more
Coming Home Project
10:47 am
Wed February 29, 2012

Business Boot Camp Gives Veterans a New Start

Black Knights Services

A version of this story aired on NPR's "All Things Considered" on February 29, 2012

A few months ago, WNPR reported on a unique training program for veterans at the University of Connecticut. A consortium of business schools run The Entreprenuership Bootcamp for Veterans with Disabilities, which teaches veterans to be their own boss.

As part of our Coming Home project, WNPR's Lucy Nalpathanchil follows up with an EBV grad who is now a small business-owner.

Read more
Books
7:15 am
Mon February 13, 2012

Iconic Madison Bookstore For Sale

Harriet Jones

News this week that the book world will soon mark the end of an era. Roxanne Coady, doyenne of independent booksellers, is putting up the “for sale” sign on her creation, RJ Julia. The store has been a fixture in Madison for more than 20 years. WNPR’s Harriet Jones went to visit.

You only need walk in the front door at RJ Julia to know this is Roxanne Coady’s mission. Coady left a lucrative corporate career when she was turning 40 to begin this personal passion. Now 22 years later, she says it’s time to move on again.

Read more
State Budget
11:41 am
Mon February 6, 2012

Business Leaders Call For Fiscal Restraint In Legislative Session

The General Assembly reconvenes later this week for a session that looks to be jam-packed with issues. The state’s largest business organization says lawmakers will have a difficult balancing act. WNPR’s Harriet Jones reports.

Read more
Entrepreneurs
11:30 am
Mon February 6, 2012

Stamford Innovation Center Opens For Business

Harriet Jones

The City of Stamford hopes to attract high-tech entrepreneurs with a new initiative to convert its Old Town Hall into a business incubator. 

Stamford’s gracious, marble-lined Old Town Hall occupies some prime real estate in the center of town, but it hasn’t served as a hub for the town since the 1960s. Now it’s bustling once again.

“It’s a center of gravity and it works for the whole community.”

Read more
Where We Live
10:23 am
Mon February 6, 2012

Locavesting

Shai Barzilay (Flickr Creative Commons)

Investment options are endless...Apple, Walmart, Starbucks, Microsoft, Exxon Mobil...but how about countless numbers of local startups around the country?

They might not be the most obvious investment choice. But many people call small business the backbone of our economy and the cornerstone of our communities.

So why aren’t we investing more in them?

Today, a look at investing locally or what our guest and author Amy Cortese calls locavesting. Her book looks at this new movement and explains how to profit from it.

Read more
Meat Processing
9:26 am
Wed February 1, 2012

No Relish In Historic Company Closure

Harriet Jones

The owner of Grote & Weigel says he’s still hopeful of finding a buyer for the troubled meat processing company. As WNPR’s Harriet Jones, the historic Bloomfield firm is due to shut its doors in less than two weeks.

The smokehouses at Grote & Weigel’s Bloomfield headquarters are still running, for now.

“We’re reaching a point where we’re running out of meat now and we’re running out of casings and all the other supplies we need to make the hotdogs.”

Read more
Manufacturing
12:41 pm
Mon January 30, 2012

Businesses Fall Behind On Disaster Planning

The end of January is gut-check time for anyone who’s made New Year’s resolutions. Many experts say top of the resolution list for small businesses should be a disaster recovery plan. After all, the incredible list of weather emergencies in Connecticut last year drove many businesses to the brink. WNPR’s Harriet Jones reports.

Read more
Where We Live
10:51 am
Mon January 30, 2012

Income Inequality and Economic Growth

zzzack, creative commons

The November elections are shaping up to be largely about the issue of income inequality.

That’s especially if multi-millionaire investor Mitt Romney gets the Republican nomination - which seems increasingly likely.  News of Romney’s tax rate - around 14% - coupled with outspoken statements from other uber-wealthy investors like Warren Buffett - who think they really should be paying more in taxes than those who work for them - have set up this battle.

Read more
Jobs Bill
11:39 am
Fri January 27, 2012

Dems Seek To Expand Access To Jobs Bill

Harriet Jones

Connecticut Senate Democrats say they want to tweak the jobs bill that passed in last fall’s special session, in order to make it more effective for businesses. WNPR’s Harriet Jones reports.

Senate leaders chose the shopfloor of a successful Connecticut manufacturing business to make this announcement, Adchem Manufacturing Technologies in Manchester. Senate President Don Williams.

Read more
Government
9:16 am
Mon January 23, 2012

Open Innovation For Government

Harriet Jones

A Connecticut company is partnering with NASA and Harvard University in an initiative that it hopes will bring a whole new level of efficiency to the federal government. WNPR’s Harriet Jones reports.

Topcoder, based in Glastonbury, was founded just ten years ago, but in that decade it’s become something of  a touchstone in the tech community.

“The idea that nobody is as smart as everybody is catching on now.”

Read more
Connecticut Loans
2:31 pm
Fri January 20, 2012

Express Package Gets On The Road

Harriet Jones

The state of Connecticut has made its first loan under the small business express package. As WNPR’s Harriet Jones reports, it comes just days after questions were raised about the program’s paperwork problems.

Scott DeFelice CEO of Oxford Performance Materials shows Governor Dannel Malloy the new equipment his company has invested in since moving into this new South Windsor facility in August.  Malloy is here because Oxford is the first company to get a loan under the state’s small business express package.

Read more

Pages