Thousands of small businesses around the state were closed down for days by the recent power outage. Now that the lights are back on, many are working on insurance claims to recoup their losses. But as WNPR’s Harriet Jones reports some are in for a nasty surprise.
This is A Little Something, a small independent bakery in West Hartford’s Park Street. Owner Beth Bolton says the power was out here for five days.
The parent company of Connecticut Light & Power says it will establish a ten million dollar fund to compensate residential customers who lost money as a result of the recent power outages. WNPR’s Harriet Jones reports.
The foremost experts in the tree care industry have gathered in Hartford this week, just as the state’s power system is devastated by snow damage to trees. WNPR’s Harriet Jones reports.
Just as chain saws are being fired up and tree crews are working round the clock across Connecticut, delegates from all over the country flocked to Hartford Thursday for the annual Tree Care Industry Association conference. Mark Garvin is President of the Association. He says attendance is down this year.
For many people struggling without power, the answer has been to find a hotel room and hunker down. That’s meant a rush for the shoreline hotels and guest houses in Southeastern Connecticut, which was unscathed in the storm. WNPR’s Harriet Jones reports.
We're still a long way from becoming a "cashless" society, and maybe we never will be one, because the phrase freaks some people out. Cashless society means, to them, some kind of mark or implant on your hand or head and a surrendering of freedom and control to a shadowy blobby new world order. But there are changes in the world of currency and tender, legal and otherwise. Several online worlds have spawned their own currencies which can, in turn, be spent in the physical world under certain circumstances.
Exporting is increasingly important to Connecticut’s economy. The state has a core of companies large and small that have led the charge into international markets, but there’s potential for many more to follow. WNPR’s Harriet Jones reports on a new initiative to help small businesses take their first steps overseas.
Business organizations in the state have given a qualified welcome to the jobs legislation that passed the General Assembly this week. As WNPR’s Harriet Jones reports, it’s been dubbed a “good first step.”
Two major bills aimed at boosting job creation in Connecticut have passed the legislature in a special session. WNPR’s Harriet Jones reports.
Lawmakers Wednesday approved a $626 million effort to revamp Connecticut’s economic development strategy. Among other measures the jobs bill contains a grant and loan program for small businesses, plans to streamline state regulation, new approaches to workforce development and tax credits for hiring the long-term unemployed. House Majority leader Brendan Sharkey.
NBC Sports Group is to bring more than 450 jobs to Stamford as it builds a new studio complex in the town. WNPR’s Harriet Jones reports.
NBC will take over the former Clairol plant in Stamford under this deal, converting part of the 32 acre campus into a hockey studio and consolidating some of its other networks and operations at the site. The announcement was made by Governor Dannel Malloy.
Big box stores are under pressure. A drastic drop in consumer spending has gone along with a shift to making purchases online. But what does all this mean for the small independent retailer? WNPR’s Harriet Jones reports, it may actually represent an opportunity for the main street mom-and-pop store.
The retail industry is in turmoil. But while big box stores come and go, some things remain the same.
It’s well known that Connecticut’s economy is heavily dependent on defense spending. But concern usually centers around the state’s big employers like Electric Boat and Pratt & Whitney. A new survey aims to demonstrate what the effects might be of defense cuts on small subcontractors. WNPR’s Harriet Jones reports.
Cutbacks in the nation’s defense budget, once unthinkable, are now firmly on the table.
Governor Dannel Malloy’s jobs summit Thursday brought together economic thinkers from inside and outside Connecticut to brainstorm about how to get the state’s economy moving. As WNPR’s Harriet Jones reports, Malloy also used the event to launch a new initiative.
“Thank you very much – please – we’ve got work to do…..”
Governor Malloy signaled to the crowd gathered at the Connecticut convention center that his attention is now moving from the state budget to the state’s economy.
Governor Dannel Malloy will kick off his highly anticipated one-day jobs summit today, a curtain-raiser to a special legislative session later this month, focused on the economy. WNPR’s Harriet Jones has been talking to entrepreneurs, new and established, about how jobs are really grown in Connecticut.
Last year U.S. companies spent more than $26 billion advertising on the Internet. They’re on track to surpass that record number in 2011. In the latest in our occasional series, WNPR’s Harriet Jones looks at the small Connecticut companies who are benefiting from that trend.
Times might be hard in many industries right now, but at the offices of WebSolutions in Meriden, you’d never know it.
Recent college graduates are finding it difficult to get a job at a time when the national unemployment rate remains stagnant at nine percent. But imagine if you're a veteran just back from serving overseas. You're trying to find employment while carrying the physical and mental effects of war. A consortium of schools including the University of Connecticut are helping turn disabled veterans into small business-owners. As part of WNPR's Coming Home Project, Lucy Nalpathanchil introduces us to a entrepreneurship 'bootcamp'.
The rise of the Internet has changed the face of marketing for small companies. And for some, it’s changed the way they do business entirely. In the second of our occasional series, WNPR’s Harriet Jones reports on one small Connecticut business that’s gone completely virtual.
As any UConn fan knows, the business of sports is big business. Scott Yeager is showing me round the warehouse of his sports apparel company, Husky Wear.
Small businesses everywhere are learning the lesson – adapt to technology or die. Consumers increasingly look for both marketing and retailing online and companies need to meet those expectations or lose sales. In the first of a series of reports on the rise of social media in marketing, WNPR’s Harriet Jones looks at how one manufacturer is facing up to the challenge.
The prolonged slump in the housing market has been tough on the economy and tougher on anyone trying to sell their home. It’s also been a trial for realtors, most of whom don’t see a paycheck from one long-delayed sale to the next. WNPR’s Harriet Jones reports.
Jordan and Elizabeth Hudak are members of that rare species, serious home buyers. They’re viewing a house in Avon. You might think they’re sitting pretty… not so, says Elizabeth Hudak.
Even in these uncertain times, the federal government has a lot of tax dollars to spend. But if you run a small business, taking advantage of that opportunity can seem pretty daunting. A recent conference in southeastern Connecticut aimed to demystify the process of doing business with the feds.
WNPR’s Harriet Jones reports.
Three Rivers Community College in Norwich hosted this day-long seminar, organized by the office of second district congressman Joe Courtney.
Swiss bank UBS will retain a significant presence in Stamford after the state of Connecticut extended the company a $20 million loan. But, as WNPR’s Harriet Jones reports job cuts seem likely at the bank’s Connecticut operations.
Amid all the many tax changes taking place in Connecticut right now, more than 70,000 businesses are receiving a special bill from the state Department of Labor. The cash will go toward paying interest on federal loans that the state has taken out in order to keep paying unemployment benefits. WNPR’s Harriet Jones reports.
Mark Richards runs an IT consulting and recruitment company in Shelton, and he employs 25 people. He’s already grappling with changing his payroll to impose a higher income tax on many of his employees.