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Economy & Labor

Wallingford drugmaker laying off 107 more workers

Patricia Daddona |

As drugmaker Bristol-Myers Squibb (BMS) winds down operations in Wallingford by the end of the year, the company has informed the state that it will layoff 107 workers by April 3.

Survey: CT business climate needs help

Patricia Daddona |

Business conditions in Connecticut aren't likely to improve within the next six months, say most of the 510 residents surveyed by InformCT, though residents' own personal finances might.

CCM calls on Bond Commission to authorize road repair funds

Patricia Daddona |

The Connecticut Conference of Municipalities on Thursday called for the State Bond Commission to release the second and final $30 million payment for Town Aid for Roads (TAR) when it meets Friday.

MetroHartford Alliance taps Minn. economic dev. expert as new CEO

Patricia Daddona |

The MetroHartford Alliance has chosen a Minnesota-based economic development expert as its new president and CEO.

Survey: Businesses struggle to stay stable, fill vacant posts

Patricia Daddona |

Finding stability in the workforce and improving Connecticut's business outlook continued to be a challenge for companies in the fourth quarter of 2017, according to the latest survey compiled by the...

Opponents: Legal weed would cost CT $216M by 2020

Patricia Daddona |

An anti-marijuana legalization group and its Connecticut chapter say embracing recreational weed would cost the state $216 million in 2020 to administer and enforce.

Speaker: Legislature should turn transportation over to a new authority

KEITH M. PHANEUF | CT MIRROR |

After failing for years to properly invest in highways, rail and bridges, the legislature should relinquish oversight to a transportation authority immune from the pressure of election-year politics,...

Lembo asks feds to protect worker retirement savings

Patricia Daddona |

Comptroller Kevin Lembo said Tuesday he met with U.S. Labor Secretary R. Alexander Acosta and a coalition of other state leaders to urge protection of state rights in addressing a looming retirement...

Survey: Health is CT residents' top priority in state spending

Patricia Daddona |

Connecticut's highest priority in state budget spending should be assuring residents' health, according to 55 percent of those surveyed in a recent InformCT poll.

Advocates for marijuana sales point to big economic boost

KEITH M. PHANEUF | CT MIRROR |

Advocates for legalizing recreational marijuana use in Connecticut — and taxing its sales — are hoping a holistic, economic argument will win the day this year.

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