industry

Chion Wolf / WNPR

Connecticut lawmakers are considering an expansion of the state’s gambling enterprise, urged forward by competition from Massachusetts. Operators of Connecticut's two existing casinos believe that if this legislation passes, their business will remain competitive.

On Thursday, the legislation -- Senate Bill 1090 An Act Concerning Gaming -- was approved 15 to eight by the General Assembly's Public Safety and Security Committee. It awaits further action in the Senate to clarify details still under negotiation.

Grendelkhan / Creative Commons

Snowstorms are being blamed for a drop in revenue and slot machine bets at Connecticut's two casinos last month.

Creative Commons

United Technologies will move from its long-time Hartford headquarters to another office in Farmington. The move is aimed at saving $100 million in overhead cost. 

On Tuesday, a California federal jury delivered its verdict after eight days of trial testimony examining whether Robin Thicke and Pharrell Williams’ song “Blurred Lines” infringed on the copyright for Marvin Gaye’s 1977 hit “Got to Give It Up.”

The Gaye estate walked away with a victory and Thicke and Williams were ordered to pay more than $7 million in damages, plus profits attributable to infringement. It is a sad day for the “Blurred Lines” duo, but what could the ruling mean for the music industry?

Beasts of No Nation is the story of a West African child who is forced to join a unit of mercenary fighters. Actor Idris Elba portrays a brutal warlord who recruits the child soldier.

Fast food giant McDonald's announced Wednesday it will begin sourcing chickens raised without antibiotics.

Over the next two years, the chain says its U.S. restaurants — which number around 14,000 — will transition to the new antibiotics policy, which prohibits suppliers from using antibiotics critical to treating human illness.

Harriet Jones / WNPR

Pratt and Whitney has completely changed the way it builds its engines. The company unveiled a revamped production line at its Middletown plant, which it says will help it keep up with a huge increase in demand. 

The Federal Communications Commission approved the policy known as net neutrality by a 3-2 vote at its Thursday meeting, with FCC Chairman Tom Wheeler saying the policy will ensure "that no one — whether government or corporate — should control free open access to the Internet."

The Open Internet Order helps to decide an essential question about how the Internet works, requiring service providers to be a neutral gateway instead of handling different types of Internet traffic in different ways — and at different costs.

"Today is a red-letter day," Wheeler said Thursday.

Massachusetts Governor Charlie Baker, a Republican, is continuing support for a broadband initiative started under former Democratic governor Deval Patrick. The state is releasing $50 million of previously approved capital funding to expand internet connectivity in western Massachusetts.

John Narewski / U.S. Navy

The retired Navy admiral who served until last year as the top officer at the Groton base has been hired as an executive at submarine builder Electric Boat.

The company says Kenneth Perry will begin work next week as its Washington-based vice president of program integration and concept development.

Governor Dannel Malloy / Twitter

An executive at a Connecticut vaccine manufacturer said it is difficult to consider expanding in the state because the governor's administration won't commit to buying the vaccine for state workers.

Dan Adams, executive chairman of Meriden-based Protein Sciences, which makes the Flublok vaccine, said he was frustrated that Governor Dannel Malloy received a flu shot made by an overseas company. A Malloy spokesman said the West Hartford-Bloomfield Health District administered the vaccine to the governor last Friday, using what was available.

CT-N

More than a million people in Connecticut are potentially at risk from the massive data breach at health insurer Anthem. The company is the biggest insurer in the state, and also covers 200,000 state employees and retirees. 

Governor Dannel Malloy said Thursday he’s pushed Anthem to provide two years of credit monitoring for everyone affected. But he said Anthem customers should also take steps to protect themselves.

"Monitor your accounts, look for suspicious activity," Malloy appealed. "The criminals who stole this information may look to open up new lines of credit, steal tax refunds, obtain new credit cards or take other fraudulent actions, so be alert."

The call for more systemic changes to prevent mega-hacks is getting louder after hackers hit Anthem, the nation's second-largest health insurer. The company says cyberthieves gained access to the addresses, employment information and Social Security numbers of 80 million customers and employees.

Eighty million individuals is a lot — it's roughly the populations of California, Texas and Illinois combined.

[At the top of this post, you'll find a discussion I had with Stephen Thompson, my Pop Culture Happy Hour co-panelist, about the Oscar nominations. Tomorrow's full PCHH episode more fully covers the film Selma.]

If you've traveled outside the U.S. recently, or sent your U.S.-made products abroad, you've probably noticed that the dollar is getting stronger. The stronger dollar is the sign of a healthier U.S. economy, but its strength has the potential to erode growth.

There are a number of factors behind the dollar's rise, says economist Jens Nordvig, a currency expert at Nomura Securities. The main one is the health of the U.S. economy.

Updated at 4:48 p.m. ET

President Obama is expected to lay out plans today intended to make it easier for cities, towns and rural communities to offer their citizens fast and cheap broadband Internet.

Online Security: A Battle You Just Can’t Win?

Jan 13, 2015
Hlib Shabashnyi/iStock / Thinkstock

The highly publicized hacking of Sony Pictures and Monday’s infiltration of Central Command’s Twitter account are just two of the most recent examples of Internet crime.

Venezuelan President Nicolas Maduro is trying to persuade his fellow OPEC leaders to reduce oil production as the price of crude continues to slide and hurt the Venezuelan economy, which depends on oil for 95 percent of its export revenue.

Maduro was in Qatar this week, seeking billions to shore up his economy.

Harriet Jones / WNPR

These days of falling oil prices may be causing alternative fuel suppliers a few sleepless nights. But one tiny company in Eastern Connecticut is forging ahead with plans to break into the fuel pellet market with a surprising new ingredient. 

Senator Chris Murphy said he believes he can get debate this session on one of his signature issues – making the U.S. government buy American more often.

PDPhoto.org / wikimedia

WNPR’s Business Desk has a tradition at this time of year of asking our contributors from around the state to reflect on the year just past, and make a few predictions for the future. 

Updated at 8:20 p.m. ET

More than 200 theaters will now show The Interview on Christmas Day, a spokesperson for Sony Pictures tells NPR.

Sony had pulled the controversial comedy that centers on a plot to assassinate North Korean leader Kim Jong Un after ominous threats were made, allegedly by a group that hacked the studio's emails. The nation's largest theater chains had also said they won't show the movie starring Seth Rogen and James Franco.

Keurig, the company that makes the popular single-serve coffee machines, is recalling 7 million Mini Plus Brewing Systems, with the model number K10 (previously identified as B31), the federal Consumer Product Safety Commission announced today.

Chion Wolf / WNPR

Rhode Island's governor-elect Gina Raimondo has picked Connecticut Education Commissioner Stefan Pryor, a fellow Yale alum with experience leading economic-development efforts in New York and New Jersey, as her choice to be Rhode Island's first commerce secretary.

More than 400 business owners, contractors, and tradesmen packed a meeting Thursday morning to find out how to bid for work building the MGM Springfield casino. 

MGM officials outlined a construction timetable, explained hiring goals for women, minorities and veterans, and provided contact information. Hunter Clayton, MGM Resorts top construction official said building the casino, hotel, retail stores, restaurants and other amenities is a unique and special project.

David Panagore

The effort to turn Hartford's historic Colt gun factory into a national park is continuing. 

A century and a half ago, the Colt complex was where Sam and Elizabeth Colt made the revolver. Now, it's a fundamental part of the country's industrial history, and supporters want to turn it and some of the surrounding neighborhood into a national park.

CPBN

The Hartford Courant presented a Key Issues Forum on Thursday morning in collaboration with the Connecticut Public Broadcasting Network. 

Alan Rusbridger, best known in the U.S. for shepherding the Guardian newspaper through its Pulitzer Prize-winning coverage of Edward Snowden's leaks of classified material, will step down as editor in chief of the British newspaper next summer. He said today he will become the chairman of the Scott Trust, which runs the Guardian.

MGM officials have invited contractors to a meeting this week in Springfield, Massachusetts to discuss the company’s casino construction plans.

At the public meeting Thursday at the MassMutual Convention Center, there will be a presentation about the design and the construction timetable for the $800 million development in downtown Springfield.  Chris Boss, a carpenter from West Springfield said a project of this scope is a once in a lifetime opportunity for people in the construction trades.

UTC Appoints New CFO

Dec 9, 2014
United Technologies

United Technologies is bringing back a long-time executive to serve as chief financial officer.

Akhil Johri succeeds Greg Hayes, who became president and CEO of the conglomerate last month after the unexpected departure of CEO Louis Chenevert. 

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