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Economy & Labor

GE’s departure may be CT’s saving grace

General Electric's decision to move its headquarters out of Connecticut was viewed as a crisis by many, signaling the state's continued demise as a place to do business.

Working on Pride's I-91 Hartford Travel Center

Limited construction is underway on the Hartford Travel Center refueling-rest stop that a Springfield convenience-store chain is erecting along I-91 northbound.

Developers pitch five, 240MW CT clean energy projects

Matt Pilon |

Connecticut may soon source more of its clean energy from within its own borders, if newly proposed projects are successful in a unique and ongoing multi-state bidding process.

U.S. unemployment below 5% for the first time since 2008

Patrick Gillespie | CNNMoney |

U.S. unemployment is back below 5% for the first time since 2008. However, hiring is slowing down. The U.S. economy added only 151,000 jobs in January.

Whole life insurance sales up; universal life sales mixed

Sales for whole life insurance products were up in 2014 against mixed sales results for universal life products, according to new survey released today.

ESPN and Tencent team up to cover sports in China

CNNMoney |

ESPN is upping its game in China. The Disney unit is teaming up with tech giant Tencent to cover sports games in China, including Mandarin-language commentary.

After GE, CT needs spark to end economic blackout

Joe Horvath |

In the early 1970s, New York City and State implemented tax hikes. In response, General Electric moved its corporate headquarters from Manhattan to Fairfield.

Nonprofit Profile: United Way of Connecticut

The Petit Family Foundation has awarded a $4,000 grant to the Boys & Girls Club of Bristol Family Center to underwrite the Venture...

Lobbying in CT has become a ‘24/7’ business

Q&A talks about changes in the lobbying industry with Jay Malcynsky, co-founder and managing partner of Gaffney, Bennett and Associates Inc. in New Britain.

Mortgages spark Simsbury Bank's '15 net

The parent of Simsbury Bank & Trust Co. Inc. posted flat fourth-quarter net income on its way to strong full-year 2015 net, fueled by its expanded mortgage-banking operations.

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