CT News Junkie

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Business

September 14, 2018

Pratt & Whitney Gets $437 Million Addition to Air Force Contract

by Peter Urban | Sep 14, 2018 4:00am
Posted to: Business | Congress | DC News Junkie | Manufacturing | Military Spending | East Hartford | Manufacturing Sector

WASHINGTON — The Pentagon recently added $437 million to a multi-year contract with Pratt & Whitney to develop the next generation of fighter jet engines.

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September 7, 2018

Survey: Legislative Uncertainty Hurting Connecticut’s Economy

by Christine Stuart | Sep 7, 2018 11:58am
Posted to: Business | Election 2018 | Poll

HARTFORD, CT — Uncertainty and unpredictability in legislative decision-making is hurting economic growth in Connecticut, according to the latest Connecticut Business and Industry Association survey.

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September 6, 2018

Connecticut Regulators To Weigh CVS-Aetna Merger

by Christine Stuart | Sep 6, 2018 11:08am
Posted to: Business | Health Care | Insurance | Legal

Katherine Welles via shutterstock

HARTFORD, CT — Connecticut Insurance Department regulators will get a chance to weigh in next month on CVS Health’s intention to acquire Hartford-based Aetna for $70 billion.

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September 4, 2018

Report: 40 Percent of Connecticut Households Can’t Afford Basic Needs

by Christine Stuart | Sep 4, 2018 4:00am
Posted to: Business | Child Welfare | The Economy | Retail Sector | Nonprofits | Poverty

HARTFORD, CT — Connecticut may be one of the wealthiest states per capita in the nation, but that doesn’t necessarily paint the entire picture.

Continue reading "Report: 40 Percent of Connecticut Households Can’t Afford Basic Needs" »

September 3, 2018

OP-ED | Who Will Celebrate Labor Day In 2034?

by Leo Canty and James Hughes | Sep 3, 2018 11:36am
Posted to: Analysis | Business | The Economy | Technology sector | Jobs | Labor | Opinion

EDITOR’S NOTE: This op-ed was originally posted Aug 29, 2014.

NosorogUA via shutterstock

For more than 100 years workers and their unions have designated a day to parade and celebrate labor, working people, the jobs they do and advances they have made. Over that time, the nature of that work has transformed dramatically from farms and factories to offices and cubicles.

Those changes were hard on many as they fell by the wayside in the struggle to keep up with the need to improve skills and fit into the next level. But as hard as it was for some, the transition we will all soon face will be much faster and wilder and more difficult to keep up with than most will ever imagine.

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August 28, 2018

Lamont Turns Discussion to Trade and Trump

by Jack Kramer | Aug 28, 2018 2:17pm
Posted to: Business | The Economy | Election 2018 | Taxes | White House

Jack Kramer / ctnewsjunkie

CLINTON, CT—Democratic candidate for governor Ned Lamont visited what he called the “fizz capital of Connecticut” Tuesday to try and dramatize what he said was the negative impact the Trump administration’s tariffs have had on business in Connecticut.

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August 20, 2018

Workforce Development Woes Highlighted On Campaign Trail

by Christine Stuart | Aug 20, 2018 3:58pm
Posted to: Business | The Economy | Manufacturing Sector | Jobs | Labor | Middlefield

Christine Stuart / ctnewsjunkie

MIDDLEFIELD, CT — A small plastics company has struggled to make its case to the state that it should invest in an injection molding workforce training program, but Monday it had an audience that included a gubernatorial candidate and a U.S. Senator.

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July 16, 2018

Senator Questions $10M for Company Coming to West Hartford

by Christine Stuart | Jul 16, 2018 4:00am
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | Jobs | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — While he was “cautiously optimistic,” Senate Republican President Len Fasano has serious concerns about the state’s decision to give Seven Stars Cloud $10 million to bring its headquarters to the former University of Connecticut campus in West Hartford.

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July 3, 2018

Financial Technology Firm Eyes Former UConn Campus

by Christine Stuart | Jul 3, 2018 2:07pm
Posted to: Business | Economic Development | The Economy | Technology sector | Financial Sector | West Hartford

Christine Stuart / ctnewsjunkie

HARTFORD, CT — The greater Hartford region is fast becoming a “technology hub” and the latest addition to that innovation ecosystem may be Seven Stars Cloud, a Chinese company hoping to use artificial intelligence and blockchain technology to transform financial markets.

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July 2, 2018

From Tool Manufacturing Hub To Data Center

by Christine Stuart | Jul 2, 2018 3:54pm
Posted to: Business | CT Tech Junkie | The Economy | New Britain

Christine Stuart / ctnewsjunkie

NEW BRITAIN, CT —  An old dilapidated Stanley, Black & Decker factory in downtown New Britain is in the midst of being transformed into a high-performance computing and data center for the 21st Century.

Continue reading "From Tool Manufacturing Hub To Data Center" »

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