On the surface, air travel appears very much the same as it did before the government shutdown. But there have been big changes behind the scenes. Even when there isn't a government shutdown in effect, most people involved in putting planes in the air are invisible to travelers.
The national unemployment rate for veterans has improved in recent years, hovering around the civilian rate of seven percent. At the height of the recession, returning Iraq and Afghanistan war veterans were unemployed at nearly double the rate of non-veterans. A host of programs have been created to help former servicemembers support themselves after their military service ended.
The job of software developer is one of the hottest occupations in the world right now, and demand for developers is only expected to accelerate. That poses a dilemma for startup technology companies here in Connecticut. In an incredibly competitive marketplace, how do they find and cultivate the right talent? One program in Connecticut is trying to come up with a solution.
Over the last year of so, Tesla motors has received some really good press. But this past week, it's been knocked off its pedestal.
"We're a country that likes to put things up on pedestals and then tear them down from pedestals. We do that with people, I think we do that with things," says Jack Nerad, an analyst with Kelley Blue Book.
Reddit calls itself "the front page of the Internet." The social news site and global discussion board has become increasingly popular since it launched in 2005. Topics range from politics and entertainment to animal videos and conspiracy theories. Many public figures have used Reddit to reach out to fans and supporters, and last year, President Obama used the site to answer voter questions live.
Thomas Edison said, “If we all did the things we are really capable of doing, we would literally astound ourselves....” For kids in the Connecticut Invention Convention program, now poised to expand through corporate grants, becoming inventors and entrepreneurs seems to be all in a day’s work.
Northeast Utilities has revealed its plans to outsource 200 information technology jobs to Indian firms. The news comes after weeks of pressure on the company. Northeast Utilities employees had heard rumors that some jobs might be outsourced as the giant company reorganizes in the wake of its merger with Massachusetts-based NStar.
Health care has always been a stumbling block for small businesses. Many want to provide it but found it out of their reach. The new health care law is supposed to change all that, and Connecticut's exchange is ahead of the curve in providing small business plans. Will anyone take them up on the offer?
With Metro-North service still only running at 50 percent of normal capacity, Connecticut commuters are entering a second week of delays and challenges getting to work. Being a regular Metro-North commuter frequently calls for ingenuity. Last week's electrical failure left many searching once again for a Plan B.
Governor Dannel Malloy pointed small businesses in Connecticut who were affected by Superstorm Sandy to a new state website, Connecticut Recovers, to apply for a share of $10.5 million in federal grants. The site is intended to streamline the process of filing for relief.
Targets for "expense reductions" have not been set, but The Hartford Courant's parent company, Tribune, confirmed that it has asked newspaper managers to look for areas they could cut back. According to a report by The Los Angeles Times, there will be staff reductions but they have not determined how many jobs will be affected.
State lawmakers are turning up heat on Northeast Utilities over rumors the utility giant will outsource its information technology functions. The legislators say the company isn't playing straight with them. For several weeks, gossip has been circulating about the intentions of Northeast Utilities with regard to its IT department.
Most of us have gone through the process of buying an automobile. It can be both exciting and excruciating. And sales are up to almost pre-recession levels. A boom caused by “more widely available credit, an increasingly aged fleet, and a host of new models.”
Online travel site KAYAK will move its headquarters to Stamford, with the help of a $2.5 million state loan. KAYAK is already headquartered in Norwalk, Connecticut, and was recently acquired by the state's other online travel giant, Priceline.com.
It’s Harvest Time for farms all over Connecticut, and that means a growing number of small farms that work on the “community supported agriculture” model. In CSAs, members share the risk of a volatile New England growing season, and share in the bounty as well.
Executives from several Connecticut companies, along with U.S. Department of Commerce officials from Middletown, are on a trade mission in Australia this week to promote exports, inbound investments and tourism. It’s all hands on deck. Officials dressed up as Mark Twain and Nathan Hale at “The Tastes and Sights of Connecticut” event, which kicked off the week-long visit.
People who lost money in the Bernard Madoff Ponzi scheme after investing in feeder funds could get a share in more than $2 billion recovered by the government. So far, feeder fund investors have been shut out of compensation.
No doubt most of you reading this post have looked at Yelp or Google+ Local to check the user reviews before you tried that fish store, bakery or even dentist. On occasion, you may have wondered if some of those reviews were too good to be true.
Originally published on Mon September 23, 2013 3:29 pm
Sales of its new iPhone 5s and 5c models have surpassed other iPhone releases and exceeded initial supply, Apple says. The company says it has sold 9 million of the phones since their launch on Friday and that "many online orders" will ship in coming weeks.
"This is our best iPhone launch yet — more than nine million new iPhones sold — a new record for first weekend sales," Apple CEO Tim Cook said in a Monday press release. He added that "while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly."
Officials' estimates say that in the next twenty years there could be as many as 30,000 drones flying in US airspace. Depending on your point of view, that's either a great technological leap forward, or a very scary prospect. Businesses are similarly divided about our drone future.
According to the government, there are 46.5 million Americans who live below the poverty line. In other words, that's how many people are officially poor. But pretty much everyone who studies poverty agrees: The way we arrive at this figure is completely wrong.
On today's show, we figure out how we got here, why still measure poverty in a way that so many people agree is wrong, and how could we do it better.
This week was Farm-to-Chef week, as the Connecticut Department of Agriculture makes an effort to promote local produce at Connecticut restaurants. The state’s eateries report they are seeing more demand for locally-grown food.
Have you visited the Quiet Corner lately? In nighttime satellite imagery, it shows up as a swath of darkness in a field of twinkling lights. This rural area is larger than you might think - it’s about half the size of Arizona’s Grand Canyon, and about ten times the size of Acadia National Park in Maine. And it’s almost 80 percent forest and farmland.
Economists at the University of Connecticut are calling on the state to use bonds that have been approved by the legislature but never issued. The Connecticut Center for Economic Analysis forecast reports that if the state relies only on traditional drivers like the housing market to grow the economy, it could begin to lose jobs again in 2014.