Among the many snacks you can find in the aisles of Trader Joe's is an icon of sweet and salty goodness: the peanut butter pretzel. It's a combination so tasty, famed food writer Ruth Reichl once raved, "You haven't lived until you've tried the two together."
But the beloved treats aren't just treasures for the palate — they're a pretty lucrative business worth millions of dollars. And now, Trader Joe's is being sued for allegedly cornering the market on the snack.
Malware is malicious, bad software. It's the code that cybercriminals use to steal credit card numbers and bank accounts. And the big hack against Target showed how good these criminals are getting: They've built a thriving underground where credit cards go on sale before anyone even knows that a massive breach has happened.
A former defense worker charged with trying to ship stolen proprietary information to Iran about the Air Force F-35 Joint Strike Fighter Program and military jet engines has pleaded not guilty in Connecticut.
In 1962, the Nobel Prize was awarded to three scientists, James Watson, Francis Crick, and Maurice Wilkins, for their work in discovering the fundamental structure of DNA: the double helix. Today, Watson, Crick, and Wilkins maintain international prestige for their findings.
The Commissioner of Economic and Community Development has defended her department's record on business assistance loans. Catherine Smith gave evidence before the Commerce Committee, saying 1,114 companies have been helped through DECD programs like Small Business Express.
So far this year, retail chains have announced some heavy cuts. J.C. Penney said it would close 33 stores. Macy's said it would lay off 2,500 workers. Sears will close its flagship Chicago store in April.
That's creating a glut of excess space. But that's just one of several forces changing the face of retail.
Originally published on Fri February 14, 2014 7:59 am
An announced $45 billion merger between Comcast and Time Warner Cable — the largest and second-largest cable companies in the U.S., respectively — is under scrutiny not just for its massive size but also for its potential impact on Internet use.
Just over 50 years ago, President Lyndon B. Johnson delivered his State of the Union address and made a pledge to the nation. "This administration today, here and now, declares unconditional war on poverty in America," he said.
Johnson didn't live long enough to see the end of the War on Poverty...and neither have we. Poverty continues to be a big problem in the United States and right here in Connecticut.
Originally published on Thu February 13, 2014 10:44 am
(We put a new top on this story at 9:25 a.m. ET and added an update at 10:15 a.m. ET.)
As NPR's David Folkenflik pointed out earlier today, Comcast's proposed $45 billion purchase of fellow cable company Time Warner will receive some scrutiny from federal officials. Here's some more about that part of the story:
According to Secretary of the State Denise Merrill, the web resource has a very simple aim. "If you were a small business person who just wanted to start your own business for the first time," she said, "where would you start, and how would you do it?"
As the U.S. Postal Service continues to lose money each year, a new report suggests a way to add to its bottom line: offer banklike services, such as a check cashing card that would allow holders to make purchases and pay bills online or even take out small loans. The idea is to provide services that are now unavailable in many communities.
For centuries, Connecticut has housed one of American journalism’s greatest gems: The Hartford Courant. In 1764, a New Haven printer by the name of Thomas Green founded the capital-based newspaper. Since then, The Courant has evolved into an established and highly revered news enterprise, circulating well over 100,000 copies to readers each day.
Now, thanks to years of professional writing and reporting, The Courant is celebrating its 250th year of publication, thus maintaining its status as the nation’s oldest continuously-running newspaper.
The Malloy administration wants to set aside more cash to help the state's manufacturers. The proposal seeks authorization from the legislature to set up a $25 million fund to help advanced manufacturing companies.
Insurer United Healthcare was taken to task at a legislative hearing in Hartford for its action in dropping 2,000 Connecticut physicians from its Medicare Advantage plan. The company is in the midst of legal action by doctors' groups in the state over the move.
The credit and debit card data breaches at Target and Neiman Marcus compromised more than 70 million American consumers, and analysts say even more of us are at risk. That's because the technology we use to swipe for our purchases — magnetic stripes on the backs of cards — isn't hard for a skilled fraudster to hack.
As the media turns its attention to reports of a strengthening job market, some fear unchanging conditions in long-term unemployment are being overlooked.
Speaking on WNPR's Where We Live, Ofer Sharone of the MIT Sloan School of Management said long-term unemployment is not decreasing at the same rate as overall unemployment -- something he insisted is largely due to discrimination during the hiring process.
Originally published on Fri January 17, 2014 4:23 pm
The holiday season data breach at Target that hit more than 70 million consumers was part of a wide and highly skilled international hacking campaign that's "almost certainly" based in Russia. That's according to a report prepared for federal and private investigators by Dallas-based cybersecurity firm iSight Partners.
And the fraudsters are so skilled that sources say at least a handful of other retailers have been compromised.
"The intrusion operators displayed innovation and a high degree of skill," the iSight report says.
In 1895, legislators in New York state decided to improve working conditions in what at the time could be a deadly profession: baking bread.
"Bakeries are actually extremely dangerous places to work," says Eric Rauchway, a historian at the University of California, Davis. "Because flour is such a fine particulate, if it gets to hang in the air it can catch fire and the whole room can go up in a sheet of flame."
Supporters of social entrepreneurship are once again lobbying lawmakers to create a new business structure in the state. They want Connecticut to pass a law allowing social enterprises to register as B-Corps, or benefit corporations. That would set them apart from other business entities that don't have a declared social mission.