Stamford-based Frontier Communications announced plans to buy the landline service of AT&T in Connecticut. About 1.4 million households in Connecticut will be affected by the sale of the business, which includes Internet subscribers and U-verse video customers.
The state Department of Consumer Protection is expected to award licenses by early 2014 to producers and dispensaries for the newly legalized medical marijuana market. In a ripple effect, other companies are also gearing up to grow market share in a new industry, estimated at $1.7 billion nationally by the Wall Street Journal, and predicted to quadruple in size during the next five years.
The budget deal reached last week in Washington will have a real economic impact on companies in Connecticut. United Technologies CEO Louis Chenevert welcomed the agreement, saying it gives his defense dependent corporation more ability to plan for the future.
Bill Battle peers through the window of a pickup truck at his catfish farm, Pride of the Pond, near Tunica, Miss. The land is pancake-flat, broken up by massive ponds, some holding up to 100,000 pounds of catfish.
Cormorants fly low over the ponds, keeping an eye out for whiskered, smooth-skinned fish. Battle keeps a shotgun in the front seat; business is hard enough without the birds cutting into his profit.
Originally published on Mon December 9, 2013 6:17 pm
MGM Resorts International appears to have cleared a key hurdle in the quest to build a resort casino in Springfield, Massachusetts. The results of a 10-month investigation by Massachusetts gaming industry regulators were released today.
The Affordable Care Act wasn't aimed at people who already get health care through their employers, but it's having such a revolutionary effect on the marketplace, they might end up feeling its effects anyway.
Oil giant BP is challenging hundreds of millions of dollars in claims that were filed by businesses after the company's 2010 oil spill in the Gulf of Mexico.
The total price tag for BP's oil spill is huge — $42.5 billion. At issue here is a fraction of that — but still a lot of money. BP says $540 million has been awarded to businesses for losses that "are either nonexistent, exaggerated or have nothing to do with the Deepwater Horizon accident."
It’s been a momentous year for the gun industry in many ways, and for Connecticut’s gun makers more than for most. Events in Newtown changed the landscape for an industry which some people feel is implicated in the tragedy.
Originally published on Thu December 5, 2013 7:03 am
All this month, our friends at Tell Me More are digging into the role of blacks in technology. You can join the conversation on Twitter with the hashtag #NPRBlacksInTech.
Software development is a huge and growing industry, and there are likely to be far more jobs in the future than there are folks to do them. But today, there's a paucity of blacks and Latinos in software development positions.
The public will soon have access to a one-stop web portal for information on tax credits and direct financial assistance the state is offering to help businesses grow and expand in Connecticut. Governor Dannel Malloy at a press conference in Bloomfield said taxpayers have the right to know what their state government is doing to promote economic development and job creation.
One hundred seventy three acres of office space in Simsbury is up for sale, formerly The Hartford, but now what? It’s not a new story. Decades ago, many corporate headquarters moved from cities to the suburbs into sprawling campuses surrounded by trees. Now with downsizing and cost cutting, many of these suburban “temples” sit empty.
Originally published on Mon December 2, 2013 12:21 pm
Amazon is looking at drastically reducing its delivery times — to 30 minutes or less — as it plans a new service called Prime Air that it says could debut in a few years. In an interview on CBS' 60 Minutes, CEO Jeff Bezos said the giant online retailer plans to use semi-autonomous drones to carry purchases to customers.
That's got tech experts buzzing about whether the idea will fly.
Unions and management at Lawrence and Memorial Hospital are scheduled to meet at the negotiating table again this week, as nurses and technicians remain locked out of their jobs at the New London facility.
It doesn't matter if you're a surgeon, a banker or a fisherman — if you're a woman in the United States, you're probably paid less than a man. That hasn't changed with federal laws or the feminist movement.
But now, Boston thinks it has a solution to completely erase the gender wage gap.