industry

In a deal that would create the third-largest fast-food chain, Burger King announced on Tuesday that it intended to buy Canada's Tim Hortons for about $11 billion.

The deal, reports Bloomberg, also moves the company's headquarters to Canada. Bloomberg explains:

Former Microsoft CEO Steve Ballmer, 58, has resigned from the company's board citing other time consuming commitments including his new ownership of the Los Angeles Clippers.

Tuesday's announcement closes a chapter in Ballmer's 34 years with the software giant. He remains the largest individual shareholder in the company.

Ballmer spent $2 billion of his roughly $20 billion fortune on the Clippers purchase, which a judge confirmed last week.

A study by the National Oceanic and Atmospheric Administration or NOAA finds that Atlantic Cod cod stocks have reached the lowest level ever.

Russ Brown, with the NOAA’s Northeast Fisheries Science Center, says after researchers observed declining cod stocks in 2011, counts during the last fishing season showed cod populations continue to slide. 

Vuilnis bij Essent Milieu / Wikimedia Commons

Ever wonder what happens to all the stuff you throw away?

Chances are, you've watched it get hurled into the back of a garbage or recycling truck. But what happens after it leaves the curb? Well, the story of trash is a lot more fascinating and complex than you probably think. 

American Woolen Company

Textiles are once again being produced in Stafford Springs. Eight months after the Warren Corporation mills closed, ending the industry in Connecticut, the newly-reopened company has taken its first work order.

Just as reports surfaced that Sprint, and its corporate parent SoftBank, were ending their bid to merge with T-Mobile, the company announced it was appointing a new CEO.

Sprint Chairman Masayoshi Son said Marcelo Claure, who runs Brightstar, a wireless company and subsidiary of SoftBank, would replace Dan Hesse, who has been Sprint's president and CEO since 2007.

In the announcement, Son made a passing reference to Sprint's decision to forgo the T-Mobile merger.

Sales incentives helped U.S. auto sales rise in July, as major auto companies reported selling more than 120,000 more vehicles than the same month last year. GM retained its spot as the U.S. sales leader.

Sales of passenger cars rose by nearly 5 percent this July compared to last year, with sales of light trucks even higher, at 13.4 percent, according to data released Friday by research firm Autodata Corp.

GM sold 256,160 vehicles last month, beating Toyota's 215,802 and Ford's 211,467.

monkeybusinessimages/iStock / Thinkstock

Manufacturers are increasingly bullish about the state of the economy, according to a new survey.

University of Connecticut

Additive manufacturing — what’s commonly known as 3D printing — has technology geeks buzzing about its potential to turn your desk into a mini-factory. It’s actually not as new as you might think -- 3D printing traces its roots back to the 1980s, and it's been the subject of industry research ever since. What effect is it having now on manufacturing in Connecticut?

Chion Wolf / WNPR

U.S. Senator Chris Murphy hopes for a strong vote in the Senate this week on the Bring Jobs Home Act. The bill would take away the ability for businesses to get a tax break for sending jobs overseas, and instead incentivizes companies to bring jobs back to the United States.

Cliff / Creative Commons

A new analysis shows employment in the insurance industry is steadily recovering nationally. Connecticut’s share of the industry, however, has continued to decline.

Darren Tompkins attended his first comic convention (or comic con) in Roanoke, Va., back in the mid-1980s. At the time, these gatherings were only for die-hard comic fans — people who might invest in a Batman or Joker costume to wear once a year.

"Really, it was just a small ballroom filled with cardboard boxes," Tompkins says. "I mean, there weren't any actors or famous people or panels or anything. It was just a place for comic book dealers to get together and sell their wares."

A large layoff is under way at Microsoft, as the technology company says it will cut 13,000 jobs in the next six months. All but 500 of the layoffs are related to the Nokia phone division the company acquired in April. Microsoft says it might shed as many as 18,000 jobs as it restructures itself.

The company says it will complete most of the layoffs by the end of this year, and complete the restructuring by next June.

AudioVision / Creative Commons

Later this summer, medical marijuana will become legally available to patients in Connecticut.  

When a customer service call is described as "Kafkaesque" and "hellish," you pretty much know how it's going to go down before even taking a listen. But in case you haven't heard the condescending, tedious call that's lit up the Internet, here it is:

Farnborough Air Show

Connecticut aerospace companies are front and center at the world’s largest air show on Monday. The Farnborough Air Show in England alternates with Paris each year to host the biggest names in the world of aerospace.

Harriet Jones / WNPR

Governor Dannel Malloy has signed into law a bill that will create a comprehensive port authority for the state of Connecticut.

Sujata Srinivasan / WNPR

The odds were never in favor of small businesses. Data from the Small Business Administration shows that only about one-third of all start-ups make it beyond the first ten years. 

The Hartford

Liam McGee has announced he will relinquish day-to-day control at The Hartford Financial Services Group, after treatment earlier this year for a brain tumor.

McGee will be succeeded as CEO by Christopher Swift, who steps up from his position as Chief Financial Officer. Another internal candidate, Douglas Elliot, will become President. McGee will stay on as executive director of the board until the next shareholders' meeting.

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.

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.

Lucy Nalpathanchil / WNPR

Following the recent mass killing in California, faith leaders in Connecticut gathered on Monday to call on gun manufacturers to take steps aimed at reducing gun violence. 

tcly/iStock / Thinkstock

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

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.

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.

Pfizer

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

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?”

It is illegal in the U.S. to operate a drone for cash. That's the position of the Federal Aviation Administration — which is in charge of protecting air space. But at least one industry has decided that it doesn't care and it's going to put drones to work anyway: the film industry.

Drone Startups Hit Hollywood

From the Heart to the Plate

May 15, 2014
Stephanie Nobert / New Britain Industrial Museum

All thanks to Landers, Fray and Clark,
the turn of the century had launched
many irons, coffee percolators, samovars,
Another in that list is their variety of toasters.

The smallest of the house would sit
and watch so the bread won't burn to a crisp.
It was done with the assistance of a lever
if the bread was too hot for them to handle.

This post was updated at 4:00 a.m. ET Thursday:

The death toll in Turkey's worst mining disaster has risen to 282. Rescue teams recovered eight more bodies on Thursday. Hope is fading for the estimated 150 miners trapped below ground.

This post was updated at 7:10 p.m. ET.:

Crowds angered over a mine explosion in western Turkey that claimed at least 274 lives clashed with police on Wednesday near the site of the disaster in Soma.

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