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Economy & Labor

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.

CT bucks national trend with higher union rates

Numbers released by the U.S. Bureau of Labor Statistics show union membership in Connecticut increased from 2014 to 2015. That comes amidst higher overall employment numbers.

Gaming could occupy rooms at Sheraton Bradley

Gregory Seay |

As part of its effort to land a casino in or around Bradley International Airport, the Connecticut Airport Authority has struck an intriguing arrangement with the Sheraton Bradley Airport Hotel.

UConn, union agree to new contract

UConn non-faculty staff and the administration have reached an agreement on a new five-year contract. The next step is Board of Trustees approval on Wednesday.

CT job growth flat in December; unemployment up

New statistics released this morning by the state Department of Labor show flat job growth in December. However, unemployment grew by one-tenth of a point.

Failed leadership, taxes, contempt ushered GE out the door

Themis Klarides |

House Speaker Brendan Sharkey recently toured Bristol Hospital alongside the facility's CEO and proclaimed that he now has a deeper appreciation of all the good work being done by the community-based...

Citing long-term non-compliance, feds suspend Cigna's Medicare Advantage

Cigna has been notified by the federal government that its ability to enroll new customers for its Cigna Medicare Advantage and Standalone Prescription Drug Plan contracts has been suspended.

Hartford jobs effort could receive up to $900,000

Generation Work, a project of the United Way, could receive up to $900,000 over four years to increase job opportunities for young adults from low-income families in Hartford.

CT IT job hiring flatlines

The Connecticut Technology Council’s annual look at information technology job trends shows no significant change. Daily job postings remained at a disappointing level, according to the council.

Former Sorenson employees eligible for extended benefits

The state Department of Labor has certified that former employees of Hartford’s Sorenson Lighted Controls are eligible to apply for federal Trade Adjustment Assistance.

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