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Connecticut's Exports Reach Record $10.5 Billion

Jul 13, 2015
Jun Seita / Creative Commons

Federal officials say Connecticut exports powered by the aerospace industry reached a record $10.5 billion last year, ranking it the 30th largest export market in the nation.

New Council Aims to Boost State's Shellfish Industry

Jul 13, 2015
pinay06 (Wikimedia Commons)

Connecticut's shellfish industry and state regulators are taking the first steps to working cooperatively to promote the industry.

Can Big Data and Privacy Coexist?

Jul 13, 2015
Chion Wolf / WNPR

"Big Data" describes vast data sets that, when analyzed by algorithms, may reveal patterns, associations, and trends. In particular, these findings relate to human behavior and interactions.

Невідомий / Creative Commons

Gov. Charlie Baker has filed a bill that calls for the purchase of hydroelectric power by Massachusetts utilities.

Baker called the legislation submitted to the state Senate on Thursday a critical step in reducing the state's carbon footprint while also helping ratepayers by providing a cost effective alternative to coal and oil.

Eric Salard / Flickr Creative Commons

The Connecticut Airport Authority is talking to Southeastern businesses to get a sense of the level of interest in a resumption of scheduled flights to and from Groton-New London Airport.

Greek Prime Minister Alexis Tsipras was trying to sell a bailout proposal at home on Friday while creditors reviewed the text abroad.

According to The Guardian, Tsipras called a meeting with his ruling coalition in Athens.

zimmytws/iStock / Thinkstock

As Greece seeks a new three-year bailout from other countries in the Eurozone, investors and businesses around the world -- including here in Connecticut -- are keeping an eye on the country's crumbling economy. 

Peggy Stewart / Western Connecticut State University

JP Morgan Chase has reached a $136 million agreement with Connecticut, 46 other states, and the District of Columbia, and has agreed to reform its debt collection practices. Attorney General George Jepsen said those practices hurt consumers.

Program Aims to Boost State's Manufacturing

Jul 9, 2015
Electric Boat

Connecticut and eleven other regions around the country will be part of a federal economic development program designed to boost manufacturing. 

Charlie Smart / WNPR

The Hartford Yard Goats unveiled their team logo on Wednesday, featuring a feisty goat chewing on a baseball bat.

The nostalgic colors and lettering refer to Hartford sports history -- the Whalers -- and the old New Haven-Hartford-New York train line logo. A "yard goat" is a term for a type of rail car.

www.bargainmoose.ca / Creative Commons

Greetings card maker Hallmark says it will close its Connecticut distribution center with the loss of 570 jobs. The one million-square-foot facility in Enfield has been open for more than 30 years, and Hallmark has been a presence in the town for over 60. 

The buzzing phone or ding of an email from the bedside table might be standard these days. But a long-awaited proposal that would increase the number of employees eligible for overtime pay could mean more companies curtailing the use of work email after hours.

When Nicholas Castillo was hired as a bank branch manager several years ago, he was told his $30,000 salary came with expectations.

Chion Wolf / WNPR

The family of a Greenwich man who disappeared during a honeymoon cruise ten years ago has joined U.S. Sen. Richard Blumenthal of Connecticut to call for new safety requirements for cruise lines. 

Governor Dannel Malloy

Connecticut Insurance Commissioner Katharine L. Wade has ordered public hearings on proposed rate increases by three health insurers that would affect more than 70,000 policyholders next year.

David Maiolo / Creative Commons

The chairman of the Eastern Pequot Tribe says "dirty politics" are to blame for a federal rule preventing his tribe and two others from reapplying for recognition.

Massachusetts Lottery officials say they are prepared for the new competition from the casino industry.

State lottery officials say they are using zip code analysis to detect any shift in sales patterns in the convenience stores, gas stations, and bars located near Plainridge Park, the state’s first casino that opened to capacity crowds on June 24. 

State Treasurer Deborah Goldberg, who oversees the lottery, vows the agency will compete with the casinos.

Sage Ross / Creative Commons

Aetna will become the nation’s second largest health insurer as it announces a deal to buy Kentucky-based Humana. The $37 billion dollar deal will significantly increase Aetna’s presence in the market for government plans like Medicare Advantage, which offers privately-run versions of Medicare plans. 

George Ruiz / Creative Commons

The Supreme Court may have given health insurance companies more certainty on the Affordable Care Act, but merger speculation continues in the industry. Will the Big Five end up as the Big Three?

And what will that mean for consumers? 

ShellVacationsHospitality / Flickr Creative Commons

In the United States, men named John, James, Robert, and William hold more corporate board seats than women hold altogether. It’s a pretty striking reality, which begs the question: Why aren’t there more women in corporate America? 

The U.S. economy keeps adding jobs at a steady pace, but the Labor Department report for June also shows more people are leaving the labor force and wages are not rising.

The economy added 223,000 jobs last month as unemployment fell to its lowest rate since 2008, the Labor Department said Thursday. The jobless rate dipped to 5.3 percent from 5.5 percent in May.

The Justice Department says it is investigating "possible unlawful coordination" by several major airline carriers. American, Delta, Southwest and United Airlines have all confirmed receiving letters from the Justice Department.

In a statement, American said the department "seeks documents and information from the last two years that are related to statements and decisions about airline capacity."

A United spokesman said the company is complying fully in regard to the probe.

Office of Governor Dannel Malloy / Creative Commons

Business leaders in Connecticut say the changes in the budget implementer bill that passed the General Assembly this week are only a start.

Невідомий / Creative Commons

State regulators look poised to reject a $3 billion foreign takeover of Connecticut’s second largest utility. 

Manufacturers in Connecticut are among those who say they’ll suffer with the expiry of the federal Export-Import bank. There are more than a hundred companies in Connecticut that use the services of the federal agency, known as the Ex-Im bank.

I'd been renting a Toyota Camry to give free rides around the city for my series Streets of Shanghai, about the lives of ordinary Chinese. But the monthly rental fees were killing me, so I figured I could save money by buying a used car.

I went to a reputable used car dealership. The first hint that this would be different than shopping in the U.S. came when I met my salesman, a fresh college grad.

Ken Teegardin / Creative Commons

Connecticut could see its job growth actually decline this year and next, according to a dire new forecast from UConn’s Center for Economic Analysis.

A 4 / Creative Commons

Bristol-Myers Squibb Co. says it will expand its presence in research centers in Cambridge, Massachusetts, and San Francisco, while cutting jobs in Connecticut.

Aundreá Murray / WNPR

Governor Dannel Malloy said he’s not worried about a potential visit to Connecticut by Florida’s governor, Rick Scott. Florida has become the latest state to begin courting Connecticut corporations after the controversy over business taxes in the state budget. 

When you hear the words "green brewery," you might picture gleaming solar panels or aerodynamic wind turbines. But the most valuable piece of technology at the $24 million headquarters of Smuttynose Brewing Co. on the seacoast of New Hampshire isn't quite as sexy.

"The place you have to start is the building envelope," says Smuttynose founder Peter Egelston.

The first casino in Massachusetts opens to the public Wednesday.

Plainridge Park Casino, located at a harness race track near the Rhode Island border, has 1,200 slot machines, but no table games.  

The more upscale resort casinos planned in Springfield and greater Boston won’t open for at least two years. 

Casino industry expert Clyde Barrow said Massachusetts should do well with its first casino.

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