by Christine Stuart | Apr 12, 2018 5:29am
Posted to: Business | Congress | 2nd CD | The Economy | Manufacturing Sector | Jobs | Labor | Manufacturing | Military Spending | National Security | Groton
HARTFORD, CT — They were able to come together in 2016 to approve a $220 million economic incentive package for Lockheed Martin to keep helicopter production in Connecticut, and state Sen. Cathy Osten is hoping the legislature can do it again for Electric Boat.
Continue reading "$100M For Electric Boat?" »
by Peter Urban | Mar 7, 2018 6:30am
Posted to: Business | US Foreign Policy | Congress | 2nd CD | DC News Junkie | Federal Budget | Jobs | Manufacturing | Military Spending | National Security | Groton | New London | Manufacturing Sector
WASHINGTON — U.S. Rep. Joe Courtney urged the Navy on Tuesday to find ways beyond what is already in its budgeted plans to speed construction of the U.S. submarine fleet so that it can achieve the 66-boat level called for in its recently released long-term Force Structure Assessment.
Continue reading "DC NEWS JUNKIE | Courtney Urges Navy to Rev Up Sub Building" »
by Christine Stuart | Mar 5, 2018 1:36pm
Posted to: Business | Consumer Protection | Corporate Watch | Courts | Energy | Environment | Jobs | Manufacturing | Greenwich | DMV | Manufacturing Sector | Retail Sector | Trade, Transportation, Utilities Sector
HARTFORD, CT — It’s the fourth year that Tesla, an American electric car maker, is asking the General Assembly for permission to sell its vehicles in Connecticut.
Continue reading "Tesla, Car Dealers Square Off" »
by Christine Stuart | Mar 5, 2018 6:30am
Posted to: Business | Public Health | Public Safety | Wall Street | Newtown | Pensions | Manufacturing Sector | Financial Sector
HARTFORD, CT — The state of Connecticut has $16.5 million or 0.05 percent of its six pension funds and nine trust funds invested in five companies that manufacture guns.
Continue reading "Connecticut Has Investments In Gun Makers" »
by Christine Stuart | Feb 23, 2018 6:30am
Posted to: The Economy | Manufacturing Sector | East Hartford | Manchester
EAST HARTFORD, CT — There are about 13,600 job openings in Connecticut manufacturing right now, and even though the state has beefed up its community college training programs and increased its tax credits, there’s no way they will all be filled.
Continue reading "Manufacturing Continues As Bright Spot In Connecticut’s Economy" »
by Christine Stuart | Jan 22, 2018 12:56pm
Posted to: The Economy | Leisure & Hospital Sector | Manufacturing Sector | Financial Sector | Trade, Transportation, Utilities Sector | Labor
HARTFORD, CT — After months of job losses, preliminary numbers from the U.S. Bureau of Labor Statistics show Connecticut ended 2017 by gaining 6,000 jobs in the month of December.
“December job growth ended the year on a better note than in previous months,” Andy Condon, Director of the Office of Research, said. “Preliminary data indicate that Connecticut grew 7,700 jobs on a seasonally-adjusted basis and 6,200 jobs on an average annual basis. This is actually better than the 5,000 average annual growth seen in 2016.”
Continue reading "Connecticut Ends Year On Positive Jobs Note" »
by Peter Urban | Dec 18, 2017 5:34pm
Posted to: Business | Congress | DC News Junkie | The Economy | Manufacturing Sector | Federal Budget | Jobs | Manufacturing | Taxes | Wall Street | White House
Congressional Republicans plan this week to approve an overhaul of federal tax policy that would provide substantial savings to corporations and make filing taxes simpler for many Americans.
The bill, negotiated last week between the House and Senate Republicans, is not expected to draw any support from Democrats who voted against earlier versions that cleared the two chambers. The new bill, which is subject to an up-or-down vote, more closely follows the Senate-approved version.
Continue reading "DC NEWS JUNKIE | GOP Plans Tax Cut Vote; Senate to Confirm ‘Badass’ Greenwich Banker" »
by Christine Stuart | Nov 21, 2017 12:10pm
Posted to: Business | Economic Development | Workforce Development | The Economy | Manufacturing Sector
HARTFORD, CT — Connecticut businesses are reporting a mixed outlook for their firms, according to a survey released Monday by the Connecticut Business & Industry Association.
Continue reading "Business Owners Report Mixed Outlook" »
by Christine Stuart | Nov 20, 2017 2:40pm
Posted to: Business | Real Estate | Economic Development | The Economy | Manufacturing Sector | Environment | Hartford
HARTFORD, CT — Standing outside the site of a former manufacturing company on Homestead Avenue, Gov. Dannel P. Malloy announced Monday that the state planned to dole out another $13.6 million to clean up blighted and contaminated properties known as brownfields.
Continue reading "State Bond Commission Poised To Approve Money To Remediate Blight" »
by Peter Urban | Nov 17, 2017 5:49pm
Posted to: Congress | DC News Junkie | Federal Budget | Jobs | Military Spending | National Security | White House | Manufacturing Sector
The House and Senate this week sent a final version of the 2018 National Defense Authorization Act to the President’s desk.
Continue reading "Defense Authorization Bill Clears Congress" »