Oct. home sales rise in New Haven County, dip in Middlesex

Sales of single-family homes for October rose slightly in New Haven County compared to last year, while Middlesex County sales dipped nearly 5 percent, new data show.

Alexion strikes licensing deal with Calif. biotech

Alexion Pharmaceuticals Inc. on Thursday announced a new licensing agreement with a San Diego company that will help the New Haven biotech develop new versions of its rare-disease drugs that can be...

New Haven Rite Aid, day care project undergoes $9.8M refi

A recently constructed Rite Aid and a 10,000-square-foot retail building being built in downtown New Haven, both just blocks from Yale New Haven Hospital, have undergone a $9.8 million refinance.

 

Opioid treatment provider to pay $884K to settle Medicaid claims allegations

A Connecticut opioid treatment provider and its chief executive have reached an $883,859 settlement with the state of Connecticut and the federal government to resolve allegations that the company...

Middletown business owner gets 6 months in prison for falsifying credentials

The owner of a Middletown industrial safety training company has been sentenced to six months in prison and fined $20,000 for falsely certifying that he had completed a lead abatement course,...

SCSU to cover housing costs for 10 NH Promise scholars

Southern Connecticut State University will provide scholarships covering housing expenses to 10 incoming New Haven Promise scholars starting in the 2018-19 academic year.

Top Achillion exec to chair CBIA board

Mary Kay Fenton, chief financial officer at New Haven drugmaker Achillion Pharmaceuticals, has been elected to lead the Connecticut Business & Industry Association's board of directors.

City, business leaders meet on Long Wharf makeover

Elm City officials are pushing ahead with a long-term plan to reinvent the city's Long Wharf business district. Mayor Toni N. Harp was scheduled to meet today with Long Wharf business leaders and...

Woodbridge businessman pledges $22.5M to support UConn entrepreneurship

Woodbridge businessman Peter J. Werth has pledged $22.5 million to the UConn Foundation, which will include establishing an Institute for Entrepreneurship and Innovation.

Durham attorney tapped as municipal electric consumer advocate

Durham attorney Bill Kowalski has been appointed the first municipal electric consumer advocate for customers of the Connecticut Municipal Electric Energy Cooperative (CMEEC).

Sikorsky workers ratify new contract; get 15 percent raise

The Teamsters Union Local 1150 has approved a new contract with Stratford helicopter maker Sikorsky that grants raises of more than 15 percent over the next five years.

Magazine names Branford biotech's product 'top innovation of 2017'

A Branford life sciences company has earned national recognition for a new technology that helps doctors predict the way cancer patients will respond to immunotherapy drugs.

CT in talks with Higher One buyer about $5.5M incentive grant

The state Department of Economic and Community Development says it is "in discussions" with Blackboard Inc., one of the buyers of the embattled former electronic college refund startup Higher One,...

St. Mary's to offer outpatient robotic surgery in Waterbury

St. Mary's Hospital will begin offering outpatient robotic surgery on Friday from its Naugatuck Valley Surgical Center in Waterbury using one of its three da Vinci surgical robots to perform...

Melinta Therapeutics pays $270M for infectious disease drugs

New Haven's Melinta Therapeutics Inc., which is developing antibiotics to treat serious bacterial infections, said Wednesday it will pay $270 million to acquire the infectious disease business from a...

Orange landscaper pleads guilty to tax offense

The owner of an Orange landscaping business faces up to five in years in prison for willful failure to account for and pay more than $66,000 in employment taxes.

Waterbury garden apts. refinanced for $5.8M

A two-building garden apartment complex in Waterbury has been refinanced for $5.8 million, and the owner plans to spend $1.5 million on improvements, according to Hunt Mortgage Group.

New home construction up in October; Milford leads region

The city of Milford continues to outpace the region when it comes to new housing units, as construction of new homes, condos and apartments picked up statewide in October, new state housing permit...

CT OKs $11.2M in loans for area companies

The state Bond Commission has approved $11.2 million in loans to help companies in Naugatuck and Cheshire expand and purchase new equipment.

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