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When it comes to fiscal crises, Connecticut is not alone. A new study shows two thirds of states nationwide are also facing budget shortfalls this year or next, and its authors say they need to think differently about their finances. 

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Connecticut is stepping up efforts to collect state sales taxes not being paid by online and out-of-state retailers.

Current state law requires out-of-state sellers with a substantial economic presence in the state to collect and remit Connecticut sales tax.

But the Department of Revenue Services estimates at least $70 million is being evaded annually.

For the first time in decades, the length of the U.S. ski season is shrinking. And as climate change curtails winter’s length, an industry transformation is under way: one expert says most ski mountains in southern New England could be out of business in 25 years unless they diversify their offerings. But ski areas in northern New England could benefit.

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As our society moves further away from paper currency, we pause to look back at the once predominant form of payment. Its look, its feel and its smell all hold a place in the collective consciousness of our nation's history.

Summer resorts around the nation are bracing for a tough season — not because the tourists won’t come, but because the workers might not. The reinstatement of a cap on visas for temporary workers has some in the hospitality industry predicting catastrophe.

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Stamford-based Purdue Pharma is seeking the dismissal of a lawsuit which alleges it is responsible for the opioid abuse epidemic. 

Harriet Jones / WNPR

Pharmaceutical giant Alexion announced it will cut jobs in coming months. The New Haven-based company said the restructuring will affect 210 people, or about seven percent of its workforce.

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Attorney General George Jepsen has concluded that the legal risks in authorizing a new third casino in the state of Connecticut are "not insubstantial." He issued his formal opinion to Governor Dannel Malloy on Monday. 

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Lawmakers are struggling with the legal risks the state may encounter in giving its blessing to a third casino in the state. The legislature’s Public Safety Committee heard more than nine hours of testimony in a public hearing Thursday, the majority of it on two bills which would open up commercial gaming in the state in different ways. 

The U.S. added 235,000 jobs in February, while the unemployment rate nudged down a tenth of a percentage point to 4.7 percent. The monthly report released Friday by the Bureau of Labor Statistics fell roughly in line with economists' expectations: Healthy economic growth continuing January's strong showing.

Connecticut Governor Dannel Malloy wants an opinion from State Attorney General George Jepsen before committing to sign legislation that would allow for a Native American casino in East Windsor.

Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, is stepping down. Dalio posted a public note that he will no longer lead the Westport, Connecticut-based firm company as of April.

MMCT

The partnership of two federally-recognized Indian tribes, which is behind the plan for a commercial casino in Connecticut announced Monday it has chosen East Windsor to host the facility.

United Airlines

Another big flight announcement for Bradley Airport today; United Airlines is to launch a daily nonstop flight from Hartford to San Francisco. It joins American Airlines' Los Angeles service in connecting Connecticut with the West Coast. 

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The partnership between the state’s two federally-recognized Indian tribes said it’s just days away from revealing where it would like to build the state’s planned third casino. East Windsor and Windsor Locks are the two towns still in the running. 

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