Business

Small Businesses
11:39 pm
Thu November 10, 2011

Businesses Turned Away By Insurance After Power Loss

Chion Wolf

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.

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Northeast Utilities
10:04 am
Thu November 10, 2011

Northeast Utilities Establishes Outage Compensation Fund

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.

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Environment
12:41 pm
Fri November 4, 2011

Tree Expo In The Midst Of "Arbor-geddon"

Harriet Jones

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.

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Where We Live
11:22 am
Thu November 3, 2011

A Banking Roundtable

Chion Wolf

President Obama just unveiled a new plan to help homeowners avoid foreclosure...but what other help is out there?

The state of Connecticut is working to help homeowners as well...sponsoring a mortgage assistance event  on Tuesday November 15.  

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Weather
4:32 pm
Wed November 2, 2011

Open Hearth Sells Wood, Warms Homes

Shoreline Hotels
2:40 pm
Wed November 2, 2011

Southeast Hotels Welcome Storm Refugees

Harriet Jones

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.

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The Colin McEnroe Show
2:47 pm
Tue November 1, 2011

The Currency Show

totalAldo, Flickr Creative Commons

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. 

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Exporting
12:49 pm
Mon October 31, 2011

One Year To Go Global

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.

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The Jobs Bill
2:34 pm
Fri October 28, 2011

Cautious Welcome For Jobs Bill

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.”

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Jobs
2:16 pm
Fri October 28, 2011

Jobs Bill Passes The General Assembly

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.

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NBC
10:00 am
Wed October 26, 2011

NBC Sports Consolidates In Stamford

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.

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Online Purchases
3:14 pm
Mon October 24, 2011

Does The Big Box Have A Future?

Harriet Jones

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.

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Defense Spending
2:03 pm
Tue October 18, 2011

Defense Contractors Urged To Speak Out

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.

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Jobs
1:50 pm
Tue October 18, 2011

Start-Up Connecticut Launched

J Holt

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.

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Where We Live
10:12 am
Mon October 17, 2011

Jobs and the Economy

Chion Wolf

America is looking for ways to create jobs and avoid a prolonged recession. Europe is looking for ways to solve their own economic crisis.

But how do problems there affect your wallet here - and the other way around?  And what are the best ways to deal with our economic troubles?

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Job Growth in Connecticut
2:56 pm
Fri October 7, 2011

Can Connecticut Grow Jobs?

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.

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Transportation
3:20 pm
Mon October 3, 2011

Hartford's Star Shuttle Spared

Internet and Marketing
12:40 pm
Mon October 3, 2011

Web Marketing Growth Industry In CT

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.

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Coming Home Project
8:17 am
Mon September 26, 2011

Bootcamp Turns Veterans Into Entrepreneurs

Jeremy Pollack.

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'.

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Hartford
4:38 pm
Tue September 20, 2011

New Downtown Grocery Store Closes

Internet and Marketing
1:32 pm
Mon September 19, 2011

Small Retail Going Virtual

Harriet Jones

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.

And the list goes on. And on.

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Where We Live
12:09 pm
Wed September 14, 2011

Small Business Breakfast at the Connecticut Science Center

Chion Wolf

Economists worry about a “double-dip” recession as the state and federal governments try to create jobs.  

We’re live today at the Connecticut Science Center for one of our quarterly Small Business Breakfasts.  It’s done in conjunction with our Small Business Project, where we look at how entrepreneurs are faring in this economy.

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Small Business
10:37 am
Mon September 12, 2011

Social Media Marketing Revolution

courtesy Plastic Forming Company

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.

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Home
9:14 am
Wed September 7, 2011

Connecticut's Realtors Find Sales, Paychecks Hard To Come By

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.

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Running a Small Business
12:28 pm
Thu August 25, 2011

Doing Business With The Government - Easier Than It Seems?

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.

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Job Cuts
11:49 am
Thu August 25, 2011

UBS Will Stay, But Job Cuts Forecast

Harriet Jones

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.

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Tax Changes
11:43 am
Fri August 19, 2011

CT Employers On The Hook For Federal Interest Charges

Harriet Jones

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.

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