Business

Made in Connecticut
4:49 pm
Thu June 5, 2014

Harpsichords Brought to Life at Zuckermann's Stonington Workshop

Artist Tatyana Nivina paints the soundboard of a harpsichord at Zuckermann Harpsichords International.
Shana Sureck WNPR

The little seaside town of Stonington has a storied reputation when it comes to one historic instrument. For the last 40 years, it's been a center of harpsichord production.

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Submarine Contract
9:47 am
Wed June 4, 2014

Connecticut Companies Urged to Bid for Navy Work

Electric Boat will build ten more Virginia Class submarines in the next five years.
Credit Electric Boat

Local manufacturers are being urged to consider offering their services to Electric Boat as the shipyard ramps up production in coming years.

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LEGO Heists
3:21 pm
Tue June 3, 2014

Leggo My Legos! Australian Toy Stores Hit By Series Of Thefts

An Australian detective says a recent string of Lego thefts sounds like the work of organized criminals.
iStockphoto

Originally published on Tue June 3, 2014 12:11 pm

Toy stores in Australia have been hit by a series of high-dollar Lego heists, and a police detective thinks the thefts might be the work of a crime syndicate specifically targeting the toys.

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Laying the Keel
12:36 pm
Tue June 3, 2014

Michelle Obama Sponsors New Electric Boat Sub

First Lady Michelle Obama signs her initials on a plate that will be mounted on the USS Illinois
Rhode Island Public Radio

First Lady Michelle Obama visited Rhode Island to help lay the keel for a new submarine being built by Groton's Electric Boat.

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Made in Connecticut
10:18 am
Mon June 2, 2014

Connecticut Manufacturers Foresee a Hiring Crisis

A representative from Capewell Components talks to a potential job candidate at a manufacturing careers fair.
CBIA

Connecticut's manufacturers expect to be doing lots of hiring in the next few years, but a recent survey shows they're worried about where all those new workers are going to come from.

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Extreme Weather
9:17 am
Mon June 2, 2014

Insurers Warn Against Complacency In Hurricane Season

State of Connecticut

Hurricane season has just begun, and insurers are gearing up to educate their customers on preparing for the storms ahead.

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Manufacturing
8:20 am
Fri May 30, 2014

DIY Dulcimer Kits Are a Musical Hit in Connecticut

Students at the Middle School of Plainville play dulcimers in teacher Laurel Schwartz's class.
Diane Orson WNPR

The word dulcimer means "sweet sound." There’s no better way to describe this American folk instrument.

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New York Times
7:47 am
Fri May 30, 2014

'Period Of Turmoil' Preceded Abramson Firing, Says Top Editor At 'Times'

New York Times Executive Editor Dean Baquet, seen in 2006 while serving as editor of the Los Angeles Times, said in an interview with NPR that he doesn't believe his predecessor, Jill Abramson, was fired because of gender.
Bill Haber AP

Originally published on Fri June 6, 2014 9:57 am

Dean Baquet sat in his new office in Midtown Manhattan, the very picture of composure and precision, as he described the top-level dysfunction that led to the firing of Jill Abramson as executive editor of The New York Times and his promotion to replace her as the top news executive there.

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International Trade
2:08 pm
Thu May 29, 2014

Middlefield Firm Wins Top National Export Award

tcly/iStock Thinkstock

A Middlefield company has been presented with the President's Award for Exports at a ceremony in Washington, D.C.

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Technology
5:34 pm
Wed May 28, 2014

Apple Buys Dr. Dre's Beats Electronics For $3 Billion

Apple announced Wednesday that it is acquiring Beats Electronics for $3 billion. Beats, the headphone and music streaming specialist, also brings the swagger of rapper Dr. Dre and recording impresario Jimmy Iovine.
Michael Dwyer AP

Originally published on Wed May 28, 2014 7:41 pm

Apple announced Wednesday that it is acquiring Beats Electronics, agreeing to pay $3 billion for the audio equipment and subscription streaming music service founded by Dr. Dre and producer Jimmy Iovine.

While it is relatively small in comparison with major acquisitions made by other tech companies, the deal represents the largest-ever for 38-year-old Apple.

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Technology
2:56 pm
Wed May 28, 2014

Google Is Becoming A Car Manufacturer

Google X is building a few hundred self-driving cars that have no steering wheel, accelerator pedal or brake pedal.
Google

Originally published on Wed May 28, 2014 4:35 pm

Google is taking a detour into the world of automobiles, by becoming a carmaker.

But not just any car: a car that drives itself. In an effort to create a fully, 100 percent self-driving vehicle — something that needs no human being at the steering wheel — the company is building a car without a steering wheel.

Scientists at the company's research wing, Google X, have been working on this project hush-hush for the past year.

Today's Self-Driving Car

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Banking Regulation
8:45 am
Wed May 28, 2014

Reports: Royal Bank of Scotland to Slash Hundreds of U.S. Jobs

The Royal Bank of Scotland's headquarters building in Stamford.
Credit Royal Bank of Scotland

The Royal Bank of Scotland could lay off hundreds of its U.S. employees, according to new reports. The company has its North American headquarters in Stamford.

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Pharmaceuticals
8:36 am
Tue May 27, 2014

Pfizer Drops $119 Billion Bid For AstraZeneca

William Vazquez AP

Originally published on Tue May 27, 2014 7:57 am

It would have been the biggest deal the pharmaceutical industry has seen in more than a decade. But for now, it's off the table.

Pfizer has withdrawn its offer to buy British drug company AstraZeneca for about $119 billion.

American pharmaceutical giant Pfizer, which makes Lipitor and Viagra, has been circling its smaller rival AstraZeneca for months.

AstraZeneca, which makes Nexium and Crestor, has rejected every offer saying Pfizer undervalues the company, and that it wants to remain independent.

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Workplace Behavior
3:23 am
Tue May 27, 2014

States Consider Bills To Crack Down On Workplace Bullies

Workplace bullying even happens at the NFL. Investigators concluded that Miami Dolphins lineman Jonathan Martin was harassed by other teammates.
John Minchillo AP

Originally published on Mon June 2, 2014 4:44 pm

Bullying is a behavioral problem often associated with children in grade school, but according to a recent Zogby poll commissioned by the Workplace Bullying Institute more than a quarter of American workers say they've experienced abusive conduct at work.

Now, many states are considering laws that would give workers legal protections against workplace abuse.

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Where We Live
9:00 am
Mon May 26, 2014

Bringing Manufacturing Jobs Back to Connecticut

John Dankosky speaks with (from left) Chris Murphy, Kris Lorch, and Sonny Morneault.
Lydia Brown WNPR

This hour, we kick off our year-long Made in Connecticut series with a conversation about keeping jobs in and bringing jobs back to Connecticut. Senator Chris Murphy joined us, along with WNPR’s Harriet Jones, and some folks from the local manufacturing industry, to take an in-depth look at the present and future of manufacturing in our state.

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Global Hotels
9:24 am
Fri May 23, 2014

Starwood Gets $30 Million Hospitality Package From State

Starwood's headquarters at Harbor Point in Stamford.
Credit Starwood

The Starwood Hotel group said it will create 340 new jobs at its Stamford headquarters, bringing its total workforce in the city's Harbor Point to more than 1,300.

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Cybersecurity
5:34 pm
Thu May 22, 2014

Connecticut Investigates Attack on eBay With Other States

Credit Ebay

Connecticut's attorney general is working with other states to try and prevent data breaches like the ones that happened to eBay, Target, and Neiman Marcus.

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Catching a Ride
2:22 pm
Thu May 22, 2014

Connecticut Taxi Firms Sue Ride-Share App Companies

Design Pics Thinkstock

A group of taxi firms in Connecticut is suing two new ride-share companies, trying to stop them from doing business in the state.

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Technology
3:08 pm
Wed May 21, 2014

Saying It Was Hacked, EBay Urges Users To Change Passwords

Hackers broke into a database containing customer information, auction site eBay said Wednesday. The company is based in San Jose, Calif.
Paul Sakuma AP

Originally published on Wed May 21, 2014 8:20 pm

Online marketplace eBay says it was the target of a cyberattack in which hackers accessed a database of its encrypted passwords. The auction site says no financial data were revealed — but it's urging its users to update the passwords on their accounts.

EBay says that it hasn't seen any sign of fraudulent activity since the problem was first detected "about two weeks ago." It also said that it stores financial data and customer records in different places and that accounts of its direct-payment subsidiary, PayPal, were not affected by the data breach.

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Non-Profits
1:45 pm
Wed May 21, 2014

Finding a New Business Paradigm For Connecticut Non-Profits

Volunteer Louise Thoman works with a client at IICONN.
IICONN

Giving to good causes is something many of us think about at the end of the year, as we send off a donation to a non-profit that we support. But what if you had the means and business expertise get more deeply involved in the work of your chosen cause? A new organization in Connecticut wants to harness that kind of talent.

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Sports Media
1:17 pm
Tue May 20, 2014

ESPN Opens New Digital Center In Bristol

ESPN's Bristol campus.
ESPN

Sports media giant ESPN has opened its new digital media center on its Bristol campus.

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Struggling Casinos
3:59 pm
Mon May 19, 2014

Foxwoods to Shutter Some Pits on Weekdays, Lay Off Employees

Credit Michael Blann/Digital Vision / Thinkstock

Foxwoods Resort Casino has announced plans to close parts of one of its casinos on weekdays, and lay off employees. This is the latest bid to brings costs under control as its gaming receipts continue to drop.

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Insurance Survey
1:24 pm
Mon May 19, 2014

Businesses List Medical Costs as Top Risk Concern

vichie81/iStock Thinkstock

The rising cost of medical care is the top concern of businesses surveyed in a new report by insurance company Travelers.

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Pharma Wars
11:52 am
Mon May 19, 2014

Pfizer's Quest for AstraZeneca May Be Over

Pfizer CEO Ian Read
Credit Pfizer

Pfizer's bid for rival pharmaceutical company AstraZeneca looks likely to fail, after the UK business turned down its latest offer.

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Road to Recovery
4:00 pm
Fri May 16, 2014

April Adds to Positive Jobs Trend in Connecticut

Connecticut added more than two thousand jobs last month, according to the latest figures from the state Department of Labor. It adds to the positive trend seen through the early part of this year.

The Labor Department always cautions that monthly figures can be volatile, and subject to correction, but April marks the third straight month that the state saw positive job growth. Employers added 2,200 jobs and the unemployment rate, measured through a separate household survey, dropped to 6.9%, down 1/10ths of a percent.

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Music Manufacturing
12:18 pm
Fri May 16, 2014

Organ Company In Hartford Still Pulling Out All the Stops After 100 Years

Anne Wysocki, a voicer at Austin Organs, tunes a chimney flute that will be added to an organ in Cincinnati originally built by Austin in 1929.
Shana Sureck WNPR

If you ask Michael Fazio how long he’s been in the pipe organ business, he’ll say, “How do I get out of it?”

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Housing Market
4:17 pm
Thu May 15, 2014

Housing Is Perking Up, But Realtors Worry About Young Buyers

iStockphoto

Originally published on Mon May 19, 2014 5:25 pm

The U.S. housing market is strengthening after a tough winter, according to economists at a Realtors convention in Washington.

But even as the short-term outlook brightens, they remain worried about a long-term problem with "missing" young buyers.

"There really are serious issues in the first-time-buyer market," Eric Belsky, managing director of Harvard's Joint Center of Housing Studies, told the National Association of Realtors on Thursday.

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Net Neutrality
11:35 am
Thu May 15, 2014

FCC Gives Initial OK To New Internet Traffic Rules

Demonstrators protest outside the Federal Communications Commission Thursday. The agency voted to open new proposed rules for public comment, including a discussion of whether "paid prioritization" should be banned.
Alex Wong Getty Images

Originally published on Thu May 15, 2014 5:40 pm

New rules for how Internet traffic is governed were officially unveiled and approved for public comment following a 3-2 vote Thursday by members of the Federal Communications Commission.

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Pharma Wars
5:01 pm
Mon May 12, 2014

Pfizer's Read Defends Astra Zeneca Bid

Pfizer CEO Ian Read from a company video
Credit Pfizer

Pfizer's chief executive will face questioning by politicians in the UK this week over the company's bid for rival pharmaceutical company Astra Zeneca.

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Here & Now
2:58 pm
Mon May 12, 2014

FiveFingers Shoe Company Pays $3.5 Million For Misleading Customers

Vibram's FiveFinger running shoes have developed a strong following among runners who believe minimal cushioning in shoes provides a better running experience, but the company recently settled a lawsuit claiming there was no science backing up their claims. (Patrick Yodarus/Flickr)

Originally published on Fri May 16, 2014 5:05 pm

Vibram USA — the maker of those shoes that look more like rubber gloves with separate compartments for each toe — has agreed to pay $3.5 million settlement in a class action suit for allegedly misleading their customers.

The lawsuit was brought by a woman who says the shoe company claimed to decrease foot injuries and strengthen foot muscles, but had no scientific research to prove it.

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