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.
Total Mortgage Services has announced a deal with the state of Connecticut to expand its headquarters in Milford. The company said it will create 140 new jobs in the town, doubling its Connecticut workforce over five years.
Yale School of Management has moved into its new home, Edward P. Evans Hall. The huge glass palace on Whitney Avenue is an architectural landmark for New Haven, but it's also attracted some controversy.
Connecticut officials are campaigning for the extension of a federal tax provision that expired at the end of last year. It's the tax relief provided for distressed families that have to sell their homes at a loss, or who go through a foreclosure.
Jury selection begins on Tuesday in the trial of Matthew Martoma, a manager for SAC Capital, who's accused of insider trading. It's the latest court action in an investigation of the Connecticut-based hedge fund that has lasted for several years.
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.
It’s that time of the year when miserly Ebenezer Scrooge and sweet Tiny Tim electrify the Hartford Stage with their heart-warming story, like they have these past 15 years. But now, in honor of the theater's 50th anniversary season, the production has redesigned costumes, more special effects, and new lighting.
The holiday cheer is much needed. The multiple award-winning Hartford Stage, like its counterparts nationwide, has struggled through the tough economy.