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May 23rd, 2013
Census data being released Thursday show that Stamford passed Hartford in population in 2012 by the thin margin of 216 resident souls — 125,109 to 124,893.
View Full ArticleMay 23rd, 2013
Phoenix is restating financial statements for all of 2009, 2010, 2011 and the first two quarters of 2012.
View Full ArticleMay 23rd, 2013
The share of the state's businesses engaged in international trade has been on the rise since 2007, when just 35 percent of firms surveyed said they exported goods or services.
View Full ArticleMay 23rd, 2013
The owners of Copper Beech Farm are asking a whopping, $190 million for the 13,500-square-foot main house with 12 bedrooms and 9 bathrooms.
View Full ArticleMay 23rd, 2013
Representatives of MGM Resorts International, city officials, and supporters gathered at Symphony Hall on Wednesday to formally kick off MGM’s campaign for a “yes” vote on the July 16 referendum ...
View Full ArticleMay 21st, 2013
Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term.
View Full ArticleMay 20th, 2013
Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property ...
View Full ArticleMay 20th, 2013
Thule, the Swedish outdoors equipment company, was drawn to a hilltop industrial park here two decades ago by the area's skilled labor, proximity to East Coast airports and mere six-hour time ...
View Full ArticleMay 20th, 2013
Just outside Concourse A and Concourse B at Rentschler Field, a crew of AT&T technicians in hardhats and vests Friday hurriedly put down wires to connect a fleet of the company's disaster ...
View Full ArticleMay 20th, 2013
Five-year-old start-up bank Nuvo Bank & Trust Co. raised $4.385 million with its third and most recent stock sale.
View Full ArticleMay 20th, 2013
Bowing to officials from Connecticut, Maine, New Hampshire and Rhode Island, ISO-New England Inc., the private, nonprofit utility based in Holyoke, also has agreed to no longer include the cost of ...
View Full ArticleMay 20th, 2013
The committee was in Jean M. Deliso's office to inform her that she’d been named Woman of the Year by the Professional Women’s Chamber, part of the Affiliated Chambers of Commerce of Greater ...
View Full ArticleMay 16th, 2013
This week, another 390 people who used to work at Pfizer offices in Groton learned they can qualify for extended unemployment benefits and college tuition or other training programs because the ...
View Full ArticleMay 16th, 2013
Shareholders of The Hartford Financial Services Group voted to approve executives’ compensation, the board of directors and to appoint Deloitte & Touche as the company’s independent accounting ...
View Full ArticleMay 16th, 2013
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with ...
View Full ArticleMay 16th, 2013
The technology involves adding small pieces of material, often plastic or metal, onto one another to create a part or component, rather than starting with a block of plastic or metal and cutting ...
View Full ArticleMay 16th, 2013
The president of Hard Rock International , the company that wants to build an $800 million casino complex here pledged Wednesday that Hard Rock will pick up the cost of increased police and fire ...
View Full ArticleMay 15th, 2013
Macy's Inc (M.N) reported higher first-quarter profit and sales on Wednesday despite weak demand from some of its customers, and the department store operator raised its quarterly dividend 25 percent.
View Full ArticleMay 15th, 2013
At Boehringer Ingelheim Pharmaceuticals, the second-largest drug company in Connecticut, the local workforce increased by more than 40 percent over the last 10 years, at the same time its employee ...
View Full ArticleMay 15th, 2013
The Warren Group, which tracks housing trends in New England, said the median sale price rose nearly 10 percent in March, to $245,000 from $223,000 a year earlier.
View Full ArticleMay 15th, 2013
MGM Resorts International hand delivered a request to Springfield's mayor and city council president, asking that the city hold a July 16 referendum vote on its casino proposal.
View Full ArticleMay 15th, 2013
Gulfstream Aerospace Corp. hosted a ceremonial grand opening for its new 125,000-square-foot , $23-million maintenance hangar Tuesday, the same day state lawmakers debated ditching the sales ...
View Full ArticleMay 13th, 2013
Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their ...
View Full ArticleMay 13th, 2013
Bethel-based Cannondale Sports Unlimited, the well-known bicycle manufacturer, would establish a new headquarters in the state and add 75 jobs with the help of a $3 million state loan proposed by ...
View Full ArticleMay 13th, 2013
The project includes $56.1 million in new physical plant work such as infrastructure projects including a new loading dock, food service, core mechanical facilities, and other support spaces that ...
View Full ArticleMay 13th, 2013
Members of Machinists union Local 743 at the former Hamilton Sundstrand plant overwhelmingly approved a new three-year contract, with 97 percent in favor.
View Full ArticleMay 13th, 2013
Sometime this summer, what had been 17 acres of useless space atop a capped landfill on Holyoke Street will start generating 2.7 megawatts of power with solar panels.
View Full ArticleMay 13th, 2013
MassMutual clocked in at No. 94 on the Fortune 500 list, marking the insurer's return to the exclusive Fortune 100, where it last was in 2010 when it was No. 93 based on 2009 performance.
View Full ArticleMay 9th, 2013
Higher One, the New Haven-based educational financial services firm, has acquired the Campus Solutions business of Sallie Mae in a $47.25 million deal that boosts the company’s offerings to ...
View Full ArticleMay 9th, 2013
Money from a multi-million settlement with the federal energy department will trickle to state ratepayers over the next three years. The $160 million settlement resulted from the energy ...
View Full ArticleMay 9th, 2013
The 12-foot “for sale” sign on the parking lot at Ann Uccello and Asylum streets in downtown Hartford is big and bold, and the same can be said about Paul Khakshouri’s ideas for this corner of the ...
View Full ArticleMay 7th, 2013
In all, Connecticut has 16 companies on the list, our largest total in recent years, led, as always, by General Electric, the nation’s biggest industrial company. The Fairfield giant is No. 8 with ...
View Full ArticleMay 7th, 2013
“There could be layoffs, but we have no way of knowing that until we get in there and assess the operation,” Lane Miller, vice president, human resources, at Global told me today. “Currently we ...
View Full ArticleMay 7th, 2013
Terms of the transaction weren’t disclosed, but records filed with the town clerk in West Hartford show the purchase price was $105 million.
View Full ArticleMay 7th, 2013
City Council President James J. Ferrera III invoked a procedural rule Monday night, to temporarily block any council debate or vote on a proposed agreement with MGM Resorts International to build ...
View Full ArticleMay 2nd, 2013
The nation’s largest life insurer, MetLife Inc., reported stronger operating earnings for the first quarter compared with last year as the company cut expenses, improved investment income and saw ...
View Full ArticleMay 2nd, 2013
Springfield is hurting the worst in the region. Unemployment in greater Springfield was 8 percent in March, and the number of jobs in the Hampden and Hampshire counties fell by 3,600 over the ...
View Full ArticleMay 2nd, 2013
The Capitol Region Education Council, the largest tenant at Hartford’s Colt Gateway, is getting even bigger — expanding into yet another building in the former gun manufacturing complex
View Full ArticleMay 2nd, 2013
Carla Cosenzi, president of TommyCar Auto Group, made a significant commitment to the Hadley Public Schools when, earlier this year, she agreed to become a matching sponsor for the first Helping ...
View Full ArticleMay 2nd, 2013
Integrated Wildlife Control partner Don LaFountain loves the outdoors – and after receiving the Wildlife Professional of the Year award from the National Wildlife Control Operators Association, ...
View Full ArticleMay 2nd, 2013
Lt. Gov. Timothy P. Murray is scheduled to make stops in Western Massachusetts on Thursday to highlight manufacturing and technology initiatives in this region.
View Full ArticleApril 30th, 2013
In the first quarter, Kaman Corp. delivered far fewer helicopter cockpits than last year and saw slower demand in its distribution business, sending the Bloomfield company's earnings below what ...
View Full ArticleApril 30th, 2013
An injection molding company in Hudson, Mass., bought Berlin's TechAtlantic, a custom injection molder that specializes in medical components, cosmetics, automotice parts and electronics, for an ...
View Full ArticleApril 30th, 2013
The layoffs were implemented last week at the company, which specializes in developing and commercializing genome sequencer systems to analyze DNA. Roche's reorganization plan for 454 Life ...
View Full ArticleApril 26th, 2013
The Japanese government will issue approval at 1900 Japan time (6.00 EDT) for Boeing Co's (BA.N) 787 Dreamliner to resume flight, according to a notice posted at the transport ministry's press club.
View Full ArticleApril 25th, 2013
The city has long targeted the Westbrook Village and Bowles Park apartment developments off Albany Avenue for redevelopment. Planners from the Urban Land Institute said earlier this year the area ...
View Full ArticleApril 25th, 2013
The goal of the program — hosted by the benefits consulting group Blue Back LLC, based in Hartford — was to give small-business managers ideas for providing benefits to workers as alternatives to ...
View Full ArticleApril 25th, 2013
Alexion Pharmaceuticals Inc., which will begin construction on a new headquarters in New Haven in June, today posted first quarter profits of $82.2 million, or 41 cents a share, compared with ...
View Full ArticleApril 25th, 2013
Profits at Stanley Black & Decker fell in the first quarter on higher acquisition costs and smaller profit margins, the company reported on Thursday. The lower marks, though, still beat Wall ...
View Full ArticleApril 23rd, 2013
Access Health CT, which is the exchange in Connecticut, will offer health insurance plans on Oct. 1 for the 2014 calendar year. The U.S. Department of Health and Human Services allows states to ...
View Full ArticleApril 23rd, 2013
The quarterly dividend will rise to 15 cents a share and will be payable on May 20 to shareholders of record on May 6.
View Full ArticleApril 23rd, 2013
The Mashantucket Pequot Tribe, owner of Foxwoods Resort Casino, announced Monday it will partner with GameAccount Network to pursue online gaming opportunities in the United States.
View Full ArticleApril 23rd, 2013
The Connecticut Citizen Action Group, raised consumer concerns about the legislation, tying it in a report it released Monday to the American Legislative Exchange Council, or ALEC, a conservative ...
View Full ArticleApril 23rd, 2013
The Friends of the Senior Center took a leap forward with its fund-raising effort with the help from a local bank.
View Full ArticleApril 23rd, 2013
Columbia Gas of Massachusetts has asked state regulators for a rate increase that would add $6.33 a month to the average residential heating customer’s bill starting in March.
View Full ArticleApril 22nd, 2013
Venture capitalists invested $29.8 million in 10 Connecticut businesses in the first quarter of the year, compared with $61.7 million in 14 businesses in the first quarter of 2012.
View Full ArticleApril 22nd, 2013
A January 1997 deal with the Australian government for 11 SH-2 Super Seasprite helicopters ran into delays and concerns about its advanced software systems. Eventually the deal fell through, and ...
View Full ArticleApril 22nd, 2013
The $43.4 million renovation and expansion at Springfield’s Forest Park Middle School is expected to be completed in time for classes to start at the end of August.
View Full ArticleApril 22nd, 2013
Builder John Pirog is part of a team putting 10 new condominiums into the Shaker Village complex on Shaker Road in Westfield. Five are finished, two are framed and framers were just about ready to ...
View Full ArticleApril 22nd, 2013
The 1,000 members of Carpenters Local 108 in Springfield put in just more than 1 million worker-hours last year, said business manager Jason Garand.
View Full ArticleApril 15th, 2013
Gold dropped as much as 6.3 percent on Monday to below $1,400 per ounce for the first time since March 2011 as the market's downward momentum gained speed after more than four months of investor ...
View Full ArticleApril 15th, 2013
Pratt & Whitney engines will find homes on the wings of 25 more Airbus A321neos, the East Hartford manufacturer said after Hawaiian Airlines placed an order the narrowbody aircraft.
View Full ArticleApril 15th, 2013
Net income at Webster Financial Corp. was $39.2 million, or 44 cents a diluted share, for the quarter ended March 31, compared with $38.3 million, or 42 cents a diluted share, a year earlier.
View Full ArticleApril 15th, 2013
The state's gaming commission could soon make a major decision affecting the future of casino gambling in southeastern Massachusetts.
View Full ArticleApril 15th, 2013
Brewer Jim Koch and his Samuel Adams Brewing the American Dream program reached out to Simple Gifts and to Elmartin Farm in Cheshire with small loans provided through Common Capital, a Holyoke ...
View Full ArticleApril 12th, 2013
First-quarter results will include a $600 million charge related to hedging risks in The Hartford’s variable-annuity business in Japan and a $140 million charge for costs incurred in a debt tender ...
View Full ArticleApril 12th, 2013
The governor's proposed state budget plan will "devastate" Connecticut hospitals and cause layoffs and elimination of services, hospital advocates and legislators told a crowd of hundreds at the ...
View Full ArticleApril 12th, 2013
“The AR-15, due to its ease of handling, low recoil, adjustable features and customizability, is particularly suited to disabled persons in order to engage in lawful use of firearms,” said the ...
View Full ArticleApril 12th, 2013
The University of Massachusetts has announced that American Express Co. Chief Executive Officer Kenneth Chenault will deliver the undergraduate commencement keynote address at graduation ...
View Full ArticleApril 12th, 2013
Local developer Peter Pappas has asked the city to disqualify the two groups chosen to redevelop the former Visitor Information Center on Hall of Fame Avenue and a six-story building at Court ...
View Full ArticleApril 11th, 2013
The spending plan still supports the same two Virginia Class submarines ordered from Electric Boat as well as spending on the Joint Strike Fighter, which is powered by Pratt & Whitney engines. ...
View Full ArticleApril 11th, 2013
The imposing, Classical Revival-style courthouse on the green in New Haven could be in line for nearly $5 million in repairs as part of proposal to renovate and build new federally-owned buildings.
View Full ArticleApril 11th, 2013
The new Connecticut to California flight from Bradley International Airport is available to book starting Tuesday, with flights available starting August 27.
View Full ArticleApril 11th, 2013
Engineers Wednesday night unveiled a $35-million-plus traffic plan that the chairman of Hard Rock International says will not only handle the traffic to a casino complex the company would ...
View Full ArticleApril 10th, 2013
The state would pay the city of Hartford $23 million in a proposal to buy the underused Morgan Street Garage, parking that is needed for state workers who will eventually move into the nearby ...
View Full ArticleApril 10th, 2013
A simple sticky note closely held in a utility executive's journal showed that Connecticut Light & Power had its doubts about a self-imposed Nov. 6 deadline to restore power after the October ...
View Full ArticleApril 10th, 2013
Rapper Dr. Westchesterson, an Agawam native who's hyped Western Massachusetts in some recent videos, says its time to get out and party.
View Full ArticleApril 10th, 2013
For the Massachusetts Gaming Commission, the most difficult part of their mission has not even begun, according to Bruce W. Stebbins of Springfield, the area member on the five-member ...
View Full ArticleApril 9th, 2013
An Oregon company that makes Colt AR-15 rifles for Colt’s Manufacturing Co. is opening a factory in Breckenridge, Texas, expanding the iconic brand to a state that has aggressively courted ...
View Full ArticleApril 9th, 2013
The mission of Farmington-based InsurBanc is unchanged as it continues to provide financial products and services to independent insurance agencies and brokers across the U.S., according to a ...
View Full ArticleApril 9th, 2013
LEGO Systems, Inc. again is building on its presence in Enfield.
View Full ArticleApril 9th, 2013
The state House of Representatives on Monday voted overwhelmingly to increase gas, cigarette and other taxes in order to generate $500 million a year for transportation improvements.
View Full ArticleApril 8th, 2013
Macy's Inc and rival J.C. Penney Co Inc are due back in court Monday in their battle over Martha Stewart home goods after a month-long mediation effort appeared to have failed.
View Full ArticleApril 8th, 2013
General Electric Co (GE.N) said it will buy oilfield services provider Lufkin Industries Inc (LUFK.O) for about $3.3 billion to expand its oil and gas business.
View Full ArticleApril 8th, 2013
Twin Hills Country Club in Longmeadow undergoing $4 million renovation
View Full ArticleApril 8th, 2013
UConn basketball coach Geno Auriemma nets $120,000 a year as Berkshire Bank spokesman
View Full ArticleApril 8th, 2013
Forty more hourly workers at Pratt & Whitney lost their jobs, bringing the reduction in Connecticut workers since January to nearly 300.
View Full ArticleApril 3rd, 2013
The state Insurance Department approved an insurance license for HealthyCT, allowing the new nonprofit to sell health plans in Connecticut.
View Full ArticleApril 3rd, 2013
Stag Arms, the New Britain maker of military-style rifles, is scheduled to deliver 13 specially made firearms to a gun shop Friday for pick-up by Newtown police officers.
View Full ArticleApril 3rd, 2013
Clothing maker The Warnaco Group, recently acquired by New York City-based PVH Corp., is closing its operations at 470 Wheeler's Farms Road in Milford in early June and is laying off 208 people in ...
View Full ArticleApril 3rd, 2013
JetBlue has already listed Worcester (ORH) as a departure city on its website, with Austin, TX; Fort Lauderdale; Orlando; San Juan, Puerto Rico and the "South Florida area" as U.S. destinations.
View Full ArticleApril 3rd, 2013
Leaders of the state Legislature on Tuesday unveiled a plan to finance transportation improvements by increasing the state gas tax by 3 cents a gallon, hiking the cigarette tax by $1 a pack ...
View Full ArticleApril 1st, 2013
Tree House is one of almost 50 craft breweries operating in Massachusetts, which is one of the nation’s most concentrated micro-brewing markets, according Kristen Sykes, executive director of the ...
View Full ArticleApril 1st, 2013
Crane, best known for making all the paper for U.S. currency in nearby Dalton, bought Maine stationary company William Arthur Inc. in late 2012. Crane is combining William Arthur’s Maine ...
View Full ArticleApril 1st, 2013
Common Capital, formerly the Western Massachusetts Enterprise Fund, is asking for the general public to help it help entrepreneurs like Kahle through its new Community First Fund.
View Full ArticleMarch 29th, 2013
Connecticut Light & Power sent more than 600 pages of documents to regulators Thursday, launching its case for repayment of $414 million the utility said it spent on five major storms over the ...
View Full ArticleMarch 29th, 2013
A bankruptcy court judge in New York City has granted final approval for the sale of the Journal Register Co.'s assets to 21st CMH Acquisition Corp., an affiliate of its current owner.
View Full ArticleMarch 29th, 2013
Massachusetts will restrain growth in health care costs to 3.6 percent this year, matching the project growth of the state's overall economy and meeting a goal set in 2012's health care cost ...
View Full ArticleMarch 29th, 2013
The company with a nearly 20 percent stake in Suffolk Downs has decided to divest that share because its executives are unwilling to submit to background checks required by the state gambling ...
View Full ArticleMarch 28th, 2013
MassMutual will move 250 jobs from Enfield to its headquarters in nearby Springfield, taking advantage of $3.75 million in investment tax credits approved by the state of Massachusetts.
View Full ArticleMarch 28th, 2013
If the total amount of money received by residents in salaries, bonuses, investment income and Social Security or unemployment were divided equally between every man, woman and child living in ...
View Full ArticleMarch 28th, 2013
Richard A. Grisafi, 31, started work as an engineer for UTC Fire & Security in Montvale, N.J., in July 2007 and months later began a graduate program to futher his engineering skills.
View Full ArticleMarch 28th, 2013
Grow Food Northampton is expanding its agricultural scope by the Mill River, leasing 1.5 acres of land to a “micro farm” that will grow gourmet greens and medicinal herbs.
View Full ArticleMarch 28th, 2013
The city is in line to receive$21.9 million in disaster aid, money it plans to spend on the new South End Community Center, a senior citizens center in Blunt Park, to rebuild Boston Road and other ...
View Full ArticleMarch 26th, 2013
Two Massachusetts and six Connecticut movie theaters owned by Rave Cinemas would be acquired by Cinemark USA Inc. under a 32-theater, $240 million deal now under federal review.
View Full ArticleMarch 26th, 2013
Hartford’s homeownership rate is among the lowest across the country for cities, but one project in the Sheldon-Charter Oak neighborhood is chipping away at that dismal standing.
View Full ArticleMarch 26th, 2013
The National Labor Relations Board has ruled that Square One, the Springfield-based childcare service and pre-school, violated labor law on multiple occasions, including the unlawful ...
View Full ArticleMarch 26th, 2013
The Boston Red Sox are hoping to lure fans back to Fenway Park after a subpar year by offering them free food and cut-price beer for the first month of the season.
View Full ArticleMarch 25th, 2013
Two of the smaller-scale apartment conversions planned for downtown Hartford — on Allyn and Ann streets — were approved for funding late Thursday by the Capital Region Development Authority.
View Full ArticleMarch 25th, 2013
The U.S. Federal Aviation Administration said on Friday it will close 149 air traffic control towers – including six in Connecticut – beginning on April 7 to meet required automatic spending cuts.
View Full ArticleMarch 25th, 2013
http://www.ctnow.com/business/hc-natural-gas-safety-enforcement-20130311,0,2230665.story
View Full ArticleMarch 25th, 2013
Passengers passing through Bradley International Airport will find that renovations to Terminal A’s food court have finally been completed.
View Full ArticleMarch 25th, 2013
Eight months after IKEA abandoned plans to build a Somerville store, the Swedish do-it-yourself furniture giant is planning a 59,000-square-foot expansion of its Stoughton location.
View Full ArticleMarch 25th, 2013
Mass Megawatts Wind Power Inc. reported no revenues and a net loss of $149,000 for the three months that ended in January, the company’s third quarter.
View Full ArticleMarch 22nd, 2013
Notre Dame claimed the top spot in Bloomberg Businessweek's 2013 list of the best undergraduate business schools, but Massachusetts showed up in numbers, placing seven schools within the Top 50.
View Full ArticleMarch 22nd, 2013
New Haven's Route 34 connector — long derided as the "highway to nowhere" — will soon become somewhere.
View Full ArticleMarch 22nd, 2013
The Environmental Protection Agency has settled claims against BioSensory, Inc. and several other state firms for alleged violations of pesticide laws, the agency announced this week.
View Full ArticleMarch 22nd, 2013
A bill that would have created a tax on heating oil and propane died on Thursday when commerce committee chairs decided against sending it for a vote.
View Full ArticleMarch 22nd, 2013
Get rolled into an emergency room while unconscious and your medical records, including blood type, the medications you are on, allergies and anything that happened when you visited a different ...
View Full ArticleMarch 21st, 2013
A broker representing the owner of the bunker-like building at 150 Windsor St., north of the central business district, confirmed for me that the now-vacant structure would get a complete makeover ...
View Full ArticleMarch 21st, 2013
New England has become dependent on natural gas for more than half of its electric generation over the past decade, creating severe challenges to reliable power system operations, the region's ...
View Full ArticleMarch 21st, 2013
The first major foray into the grocery store business in downtown Hartford ended in failure, but it appears other potential operators are willing to at least consider trying again.
View Full ArticleMarch 21st, 2013
The Marine Corps sent the new autonomous helicopters, which were developed by Lockheed Martin Corp and Bloomfield, CT-based Kaman Corp , to Afghanistan in November 2011 for an initial, limited ...
View Full ArticleMarch 21st, 2013
The state gaming commission will meet in Fall River as it considers whether to extend an Indian tribe's exclusive right to develop a casino in southeastern Massachusetts.
View Full ArticleMarch 21st, 2013
Gov. Deval L. Patrick on pledged to continue to press for a $1.9 billion annual tax increase, after receiving support for his plan from dozens of business leaders.
View Full ArticleMarch 20th, 2013
The machinists union representing 975 workers at UTC Aerospace Systems in Windsor Locks on Tuesday began negotiating with the company to replace its contract that expires May 5.
View Full ArticleMarch 20th, 2013
The Connecticut Technology Council honored nine women for their leadership in science, technology and engineering at the its annual Women of Innovation awards dinner Tuesday night.
View Full ArticleMarch 20th, 2013
It’s a war. AT&T says it poured $750 million into networks in this state over the last three years, a rate that’s been consistent for several years. This includes “expansion of our ...
View Full ArticleMarch 19th, 2013
An already choppy recovery at The Phoenix Cos. has suffered a setback as the Hartford company said it will not file an annual report on time and will not meet the timetable it set last fall to ...
View Full ArticleMarch 19th, 2013
The department's Occupational Safety and Health Administration proposed fines totaling $54,300, mostly because of repeat citations, the agency said.
View Full ArticleMarch 19th, 2013
Matthew C. Bates, a Pratt spokesman, said, "It is possible that sequestration could have an additional impact to our production plan, but there is still a great deal of uncertainty on how specific ...
View Full ArticleMarch 19th, 2013
State environmental officials are trying to decrease reliance on energy from wood-burning biomass and tap into hydropower from dams in Canada to help meet its escalating renewable-energy targets, ...
View Full ArticleMarch 18th, 2013
Connecticut’s hospital chief executives have come out fighting against Gov. Dannel P. Malloy’s proposed budget, warning of layoffs and other dire consequences if the state’s payments and ...
View Full ArticleMarch 18th, 2013
Louis R. Chenevert, chairman and chief executive of United Technologies Corp., made $19.5 million in 2012, a period when he led the company through a broad restructuring and closed on its ...
View Full ArticleMarch 18th, 2013
The population of the Metro Boston area grew by about 90,000 in the past two years, according to new U.S. Census Bureau estimates. About 4.6 million people now live in the Boston-Cambridge-Newton ...
View Full ArticleMarch 18th, 2013
Employment will remain flat or even inch down in Connecticut after growing slowly in 2012, the University of Connecticut’s quarterly magazine, The Connecticut Economy, predicts.
View Full ArticleMarch 18th, 2013
STR Holdings Inc. lost $211.6 million in 2012, or $5.12 per share — more than five times worse than 2011’s net loss of $39.4 million, or 96 cents per share, the company said in a financial ...
View Full ArticleMarch 18th, 2013
The first of Staples' new, smaller "omni channel stores" are set to open this quarter, CEO Ronald Sargent said in after a recent quarterly earnings call – an office-supply convenience store ...
View Full ArticleMarch 15th, 2013
Hartford-based United Technologies Corp. said Thursday that two economic "megatrends" should bring growth for its businesses, even as budget pressures promise to shave sales to one of its main ...
View Full ArticleMarch 15th, 2013
The big, splashy apartment projects draw most of the attention — and the public dollars — in Hartford, as the city works to attract downtown dwellers. But now some of that money is beginning to ...
View Full ArticleMarch 14th, 2013
The private equity company that owns Yankee Candle Co. is preparing to sell it, the news service Reuters reported Wednesday, citing unnamed sources.
View Full ArticleMarch 14th, 2013
The Boston Globe reports that Chicago-based casino magnate Neil Bluhm is proposing a slots parlor for Worcester. Other slots parlors have been proposed at Plainridge Racecourse in Plainville ...
View Full ArticleMarch 14th, 2013
Massachusetts beverage wholesalers and distributors on Wednesday turned out at a public hearing to oppose a plan by the administration of Gov. Deval Patrick to increase a fee for ...
View Full ArticleMarch 13th, 2013
Outside of visiting family or area colleges, travelers come to Hampshire County predominantly because they feel accepted, uninhibited, welcomed.
View Full ArticleMarch 13th, 2013
The operators of one of Boston's largest taxi companies have sued the developer of a smartphone app that allows users to request a cab or livery service, saying it is essentially an unlicensed car ...
View Full ArticleMarch 13th, 2013
A state audit found thousands of questionable and possibly medically-unnecessary claims for dental services through the state's Medicaid program.
View Full ArticleMarch 12th, 2013
The University of Connecticut drew 13 proposals from downtown Hartford property owners for relocating the university’s West Hartford campus into the city.
View Full ArticleMarch 12th, 2013
Connecticut’s borrowing habit is a matter of great debate — is it prudent or profligate? — but for the time being at least, reports that Wall Street is punishing the state are not just ...
View Full ArticleMarch 12th, 2013
General Electric CEO Jeffrey Immelt’s $25.8 million pay package in 2012, revealed late Monday, is on the high end but is odd for its lack of stocks and options, CNN/Money reports.
View Full ArticleMarch 12th, 2013
The president of a Massachusetts company once touted as a supplier of steel foundations for Cape Wind's offshore turbines said his company's deal with the project is dead, while ...
View Full ArticleMarch 12th, 2013
XSS Hotels of Manchester, N.H. plans to build a hotel near Lincoln Square, according to the Worcester Telegram & Gazette.
View Full ArticleMarch 12th, 2013
Executives from MGM Resorts International and Penn National Gaming, in new public presentations on Monday, said their competing casino projects in Springfield will ...
View Full ArticleMarch 11th, 2013
Health care providers test financial incentives for employees to improver thier life style for the better.
View Full ArticleMarch 11th, 2013
Atlas Farm is growing more than just food — it is growing its business in ways that bring it more in touch with the everyday consumers it, and all New England farms, needs to survive.
View Full ArticleMarch 11th, 2013
Cambridge College is open in downtown’sTower Square with 50 employees and faculty, a number that includes part-timers, and courses expected to draw as many as 300 students over the ...
View Full ArticleMarch 11th, 2013
Sikorsky Aircraft has received a major helicopter order from Bristow Group Inc., a British provider of helicopter services for the offshore oil industry, this according to company officials.
View Full ArticleMarch 8th, 2013
Joan Grenier worked for a few years at her family’s business, the Odyssey Bookshop in South Hadley, when she was in her teens and on and off in her 20s, but then left for a while in the 1970s to ...
View Full ArticleMarch 8th, 2013
In China, Bailing Li was a professional basketball player and later a university professor and a practicing acupuncturist. But when she came to the U.S. in 1996 to start a new life, her initial ...
View Full ArticleMarch 8th, 2013
Revised statistics released Thursday show employers in Massachusetts created 92,800 new jobs in 2011 and 2012 , about 32,100 more jobsthan had been previously thought.
View Full ArticleMarch 7th, 2013
The state Department of Community and Economic Development and the federal Small Business Administration are covering equal parts of the 5-year program's $11.6 million budget.
View Full ArticleMarch 7th, 2013
Leaders of the state tourism office, a hotel lobbying group and a regional chamber of commerce urged about 50 listeners Wednesday to lobby legislators to preserve tourism marketing funding.
View Full ArticleMarch 7th, 2013
The City Council, after passing two ordinances in August 2011aimed at addressing the problems of foreclosed properties in Springfield, is considering amendments to settle a federal ...
View Full ArticleMarch 6th, 2013
Smith & Wesson Holding Corp. reported a 39 percent jump in third-quarter sales as customers rushed to buy firearms to beat an anticipated tightening of U.S. gun laws after a massacre at a ...
View Full ArticleMarch 6th, 2013
The parent of Savings Institute Bank and Trust Co., which has 20 branches in eastern Connecticut, will extend its network into Rhode Island for the first time, agreeing to buy a community bank ...
View Full ArticleMarch 6th, 2013
The state will buy two Hartford office buildings — one in downtown, one in Asylum Hill — with space for thousands of state employees as it consolidates work sites to save money, sources familiar ...
View Full ArticleMarch 6th, 2013
The MBTA says it could be forced to raise fares by as much as one-third or make dramatic service cuts unless the state comes up with more funding for the beleaguered transit system.
View Full ArticleMarch 6th, 2013
Pop Nation, a business venture launched in the San Francisco Bay area by two Longmeadow High School graduates, brother and sister Tim and Sarah Stewart, is serving up tasty success.
View Full ArticleMarch 6th, 2013
Proposed federal food safety regulations could bring federal scrutiny to everyday farm chores as mundane as washing and bagging spinach unless groups like The National Farmers ...
View Full ArticleMarch 5th, 2013
Pratt & Whitney discovered nearly two years ago that one of its foreign business units had fraudulently adjusted test results on tens of thousands of engine parts to bypass additional inspection.
View Full ArticleMarch 5th, 2013
MGM Resorts International and Penn National Gaming, competing to build acasino in Springfield, plan to make new public presentations on March 11, designed to clarify their traffic plans, ...
View Full ArticleMarch 5th, 2013
New England Public Radio and radio stations WFCR and WNNZ will have state-of-the-art studios and about 30 employees in downtown Springfield by this time in 2014, officials said at a ...
View Full ArticleMarch 5th, 2013
Mohegan Sun officials promised Monday night to have more details of their proposed casino project which would border Thorndike Street in time for a townwide referendum to approve the ...
View Full ArticleMarch 5th, 2013
AGAWAM - The mayor’s casino advisory committee has invited representatives ofHard Rock International to its next meeting to present plans for its destination casino in neighboring West ...
View Full ArticleMarch 5th, 2013
Amtrakridership through the stations at Springfield and Amherst has risen 16.2 percent since 1997 on the strength of short-haul routes linking Springfield with the passenger railroad’s busy ...
View Full ArticleMarch 4th, 2013
More than 600 workers at five HealthBridge nursing homes returned to work, eight months after they went on strike over pensions and health care costs.
View Full ArticleMarch 4th, 2013
Thousands of Connecticut residents will have a shock this summer when they see the prices for 2014 medical coverage that they’re counting on buying through the newly formed state health insurance ...
View Full ArticleMarch 4th, 2013
Westfield's Airflyte founders honored for aviation contributions, Savage Range Systems opens online store, Springfield Exchange Club adds new members, and more
View Full ArticleMarch 4th, 2013
With President Barack Obama advocating for an increase in the federal minimum wage, similar legislation being considered in Massachusetts has caught the attention of local business ...
View Full ArticleMarch 1st, 2013
A chorus of questions has emerged after the state announced its plan to auction off service rights to the about 800,000 electric customers who haven't switched power suppliers.
View Full ArticleMarch 1st, 2013
The 2-year federal government meltdown is finally at Code Red and the sequester is here.
View Full ArticleMarch 1st, 2013
Rachel Holmes was an urban forester for the state Department of Energy and Environmental Protection for exactly two years until Thursday, and she didn't go out quietly.
View Full ArticleFebruary 28th, 2013
The 27 applicants chosen by DEEP proposed electricity systems that would establish some form of local power generation with the ability to operate independently from the region's power grid. The ...
View Full ArticleFebruary 28th, 2013
Foxwoods Resort Casino informed employees of impending job cuts, though Scott Butera, president and chief executive officer, offered no specifics about the number of workers who would be let go.
View Full ArticleFebruary 28th, 2013
MassMutual Financial Group reported Wednesday that a key measure of its profitability, net gain from operations before dividends and taxes, was $2.1 billion in 2012, up 22 percent from the ...
View Full ArticleFebruary 28th, 2013
The Hartford Financial Services Group Inc. — scaling back to focus on its more profitable businesses — will shutter the 33-acre campus in Simsbury, one of three main locations, over the next two ...
View Full ArticleFebruary 27th, 2013
By all accounts the 2-hour confab at the state Capitol, initiated by the governor’s staff, was friendly. Malloy himself — who wants to ban the extremely popular AR-15 class of rifles — was not ...
View Full ArticleFebruary 27th, 2013
Massachusetts Mutual Life Insurance Co. is offering 40 renewable scholarships worth up to $20,000 each to high school seniors in Hampden County and Hartford County in Connecticut who are ...
View Full ArticleFebruary 27th, 2013
An Athens, Ga., company is planning to build a 170-unit student housing project on about 154 acres owned by W.D. Cowls Co. on Henry Street in the north part of town.
View Full ArticleFebruary 27th, 2013
Chicago-based lawyer Cezar M. Froelich told the City Council’s casino site committee that requiring a casino developer to bankroll individual projects is impractical and will not be included in ...
View Full ArticleFebruary 26th, 2013
The Affiliated Chambers of Commerce of Greater Springfield Outlook 2013 luncheon brought noted columnist Mark Shields as the keynote speaker.
View Full ArticleFebruary 26th, 2013
The Massachusetts Association of Realtors says the number of single-family homes sold in the state in January jumped almost 16 percent when compared to the year-ago month, the 19th consecutive ...
View Full ArticleFebruary 26th, 2013
Representatives from Hard Rock International and the Bronson Companies plan to make a presentation of their plans Wednesday before two city boards fora $500 million to $800 ...
View Full ArticleFebruary 25th, 2013
Paul DiGrazia, MD has a special calling with the winery he has nurtured through the years.
View Full ArticleFebruary 25th, 2013
Instead of quietly shopping theBoston Globe, as it has for the past few years, The New York Times Co. (NYSE: NYT) last week made it very official. And, I suspect, the sales process may ...
View Full ArticleFebruary 25th, 2013
The Lego Group’s net profits jumped by 24.9 percent in 2012, as sales increased by 15.5 percent, according to year-end reports filed Thursday. Lego, which is based in Demark, has its ...
View Full ArticleFebruary 25th, 2013
A report released in December by the New England States Committee on Electricity, a group of state regulators, argues that the reliance on natural gas will pose reliability risks to the ...
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