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Economy & Labor

Special session over Medicare Savings plan stars in political theater


The drama surrounding the deficit-plagued, new state budget reached new heights Tuesday.

Hartford Yard Goats, Colorado Rockies extend affiliation deal through 2020

Patricia Daddona |

The Hartford Yard Goats Baseball Club and the Colorado Rockies agreed Tuesday to extend their affiliation for another two years, keeping them together through the 2020 season.

Hartford councilors agree to seek state oversight

Patricia Daddona |

The Hartford City Council has authorized its president and Mayor Luke Bronin to apply for assistance through the state's new Municipal Accountability Review Board.

Northeast rail plan stymied by lack of funding, Fairfield County concerns


An ambitious — and to some in Connecticut, controversial — plan to overhaul the railroad in the Northeast Corridor has come to a full stop, a victim of lack of funding.

Bronin: Hartford must apply for state oversight

Patricia Daddona |

Hartford Mayor Luke Bronin is expected to ask the city council tonight for permission to work to apply for assistance through the state's new Municipal Accountability Review Board.

CT incentivizes tax scofflaws to pay up

Patricia Daddona |

State officials are launching a new voluntary compliance program that incentivizes delinquent taxpayers to report and pay back taxes with the goal of returning as much as $85 million to state coffers.

CT CPA's warn of dire impact of new federal tax plan


Connecticut's accountants are frustrated that they can give clients only limited advice about a massive federal tax overhaul underway in Congress, and some predict there will be more losers than...

Top Achillion exec to chair CBIA board

Patricia Daddona |

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.

A new push to tackle an old problem: transportation neglect


Gov. Dannel P. Malloy said Thursday a day of reckoning has arrived for Connecticut's depleted special transportation fund and the services and projects it finances, outlining what is likely to be an...

One of two ratings agencies eyes CT bonds skeptically

Gregory Seay| Patricia Daddona |

Two ratings agencies have assigned an “A+” rating to $400 million in Connecticut general obligation bonds, but the outlook from one is negative and the other stable.

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