Angel investors pump a lot of cash into start-up businesses in this country - by some accounts about $23 billion a year. But some say they'll back off from looking for new opportunities if the Securities and Exchange Commission implements new rules on funding -- rules that are due to go into effect September 10. The irony is that the rules were supposed to make it easier for start-ups to find seed money.
It's tough to know how many workers from Dunkin Donuts, Subway, McDonalds and other fast food outlets in Hartford walked off the job Thursday. But organizers of the one-day strike say they're happy the city has joined what's becoming a national movement.
Hartford's Downtown gained another dining option this week, and one that's been a long time coming. For the two institutions behind it, fresh food and good coffee are just the starters. WNPR's J Holt has more.
When the Downtown branch of the Hartford Public Library underwent a major renovation in the early two thousands, a three story tall, glass walled atrium space was built right up front, with the intention of it becoming a cafe.
In an ongoing effort to create growth for mom and pop businesses in the state, the U.S. Small Business Administration is making capital available to Connecticut Economic Development Fund, a non-profit offering micro-loans. WNPR’s Sujata Srinivasan has more.
James Dufour owns Connecticut Carpentry in Meriden. He makes cabinets for hospitals and employs seven people. Up until the start of the financial crisis, the nearly 30-year-old business had little trouble accessing bank loans.
Connecticut-based ESPN has suspended its TV broadcasts in most of Europe, the Middle East and Africa, and US sports fans living abroad say they’re having a tough time adjusting to the change.
Peter Alegi says Americans overseas love to argue about 2 things: US politics and US sports. Alegi – a self-described baseball nut - is a New Haven native who has lived for decades in Italy. Speaking from the town of Todi, Italy, he says ex-pats will sorely miss TV broadcasts of major league baseball, the NBA and NFL.
What’s up with Patch? That question seems to be on the lips of many small business owners who rely on the hyperlocal news sites to get the word out about sales, events and promotions. As Patch’s corporate parent AOL threatens closures and consolidations, some are wondering if it will ever be the same again.
With law school grads facing a tough job market, some entrepreneurial attorneys are trying out hybrid businesses. One Connecticut attorney has opened a shop that combines his passion for the law with his skill as a barber.
Donald Howard says he first got the hybrid-business idea working as a paralegal for a personal injury attorney who doubled as a sports agent. Then he saw the concept again on a reality television show.
"It was a guy in California who did Legal Grind, a coffee house and a law office."
Connecticut is known for its aerospace industry, and it also has some pretty nice farming country. The two might not seem to have a lot in common, but new study hopes to use waste from one to power the other.
It's a common story for a personal passion to lead to a business opportunity. For one Connecticut entrepreneur it was the convergence of two passions -- baseball and art -- that launched her on the road to success.
"Well, I grew up listening to the Red Sox on the radio, and on the only station that we had on our TV, you know, back in the Seventies. And my dad was a baseball coach and an umpire, so we just grew up with the Red Sox as sort of part of the family."
The Washington Post is now in its seventh straight year of declining revenues, says the paper's chairman, Donald Graham. Rather than continue to watch the paper struggle, Graham and Publisher Katharine Weymouth decided to look for a buyer.
Credit George Widman / AP
Brian Tierney, shortly after buying The Philadelphia Inquirer and Philadelphia Daily News in 2006. The papers, struggling with debt, have since changed hands twice.
Donald Graham, chairman of The Washington Post Co., is the son and grandson of its leaders for the past 80 years. And along with his niece, publisher Katharine Weymouth, Graham admitted in a video on The Post's website that the family simply didn't have the answers to questions about the paper's future.
Originally published on Tue August 6, 2013 4:33 pm
The Department of Justice announced Tuesday that it was suing Bank of America for allegedly lying to investors about the riskiness of about $850 million worth of mortgage-backed securities back in 2008.