CT News Junkie

A Connecticut news site that understands the usual media offerings just…aren’t…enough.

The Economy

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.

Continue reading "Senator Questions $10M for Company Coming to West Hartford" »

July 12, 2018

Obsitnik Moves Ahead With TV Ad Buy

by Christine Stuart | Jul 12, 2018 11:32am
Posted to: Campaign Finance | The Economy | Election 2018 | Jobs

(UPDATED 4:30 p.m.) HARTFORD, CT — His last financial report showed he only had about $46,000 left, but Steve Obsitnik is pushing forward with a six-figure ad buy to get himself on television.

Continue reading "Obsitnik Moves Ahead With TV Ad Buy" »

July 6, 2018

UConn Moves Forward With Sale of West Hartford Campus

by Christine Stuart | Jul 6, 2018 1:34pm
Posted to: Economic Development | The Economy | Technology sector | Financial Sector | Education | West Hartford

Peter Morenus/UConn File Photo

HARTFORD, CT — The University of Connecticut Board of Trustees unanimously approved the sale of its West Hartford campus to Seven Stars Cloud, a financial services and technology firm.

Continue reading "UConn Moves Forward With Sale of West Hartford Campus" »

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.

Continue reading "Financial Technology Firm Eyes Former UConn Campus" »

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" »

June 29, 2018

Keeping Score

by Peter Urban | Jun 29, 2018 2:20pm
Posted to: Agriculture | Congress | DC News Junkie | The Economy | Manufacturing Sector | Energy | Environment | Federal Budget | Immigration | Jobs | Manufacturing | Military Spending | National Security | Veterans Affairs

OP-ED | Inept to the Bitter End

by Susan Bigelow | Jun 29, 2018 5:00am
Posted to: Analysis | The Economy | Ethics | Jobs | Opinion | Sports | State Capitol | Transparency

Lori Sparkia via shutterstock

We interrupt your regularly scheduled worrying about the decline of American democracy to remind you that the Connecticut legislature is still completely hopeless.

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House Sinks Courtney’s Bid for Three-Sub Buy in 2022

by Peter Urban | Jun 29, 2018 4:05am
Posted to: Business | US Foreign Policy | Congress | DC News Junkie | The Economy | Manufacturing Sector | Federal Budget | Jobs | Manufacturing | Military Spending | National Security

NITED STATES NAVY / WIKIMEDIA COMMONS

The House this week overwhelmingly rejected an amendment proposed by Representative Joe Courtney that would have allocated an additional $1 billion within the Defense appropriations bill to the Navy to allow for the service to begin ordering three Virginia-class submarines a year starting in 2022.

Continue reading "House Sinks Courtney’s Bid for Three-Sub Buy in 2022" »

June 28, 2018

Study: Child Care Wages At Crisis Point

by Jack Kramer | Jun 28, 2018 4:00am
Posted to: Child Welfare | The Economy | Education | Jobs | Labor

Nadya Eugene via shutterstock

Connecticut, along with the rest of the nation, has much work to do if it wants to increase the pay of its early childhood workforce.

Continue reading "Study: Child Care Wages At Crisis Point" »

June 11, 2018

Poor People’s Campaign Calls For $15 Minimum Wage

by Christine Stuart | Jun 11, 2018 4:58pm
Posted to: Business | The Economy | Equality | Jobs | Labor | Nonprofits | State Capitol

Christine Stuart / ctnewsjunkie

HARTFORD, CT — It’s the fifth Monday that Bishop John Selders and a group of community advocates gathered outside the Legislative Office Building in Hartford to reignite the Poor People’s Campaign.

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