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March 20, 2025
A New York real estate investment and management firm that has acquired a string of struggling Connecticut malls has bought the mortgage on the 30-story Goodwin Square office tower in downtown Hartford.
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LATEST HEADLINES
CT leaders respond to Trump order dismantling federal Education Dept.
March 20, 2025A much anticipated executive order from President Donald Trump to dismantle the federal Department of Education was signed Thursday.
March 20, 2025
Trump adds spice to Connecticut’s annual debate over labor bills
March 20, 2025The annual debate over Connecticut’s role in protecting workers and their ability to unionize has taken on a new urgency for Democrats as the Trump administration shrinks the federal government’s regulatory reach and purges pro-labor elements from the National Labor Relations Board.
March 20, 2025Carabetta the subject of an enforcement action over family home
March 20, 2025The state of Connecticut has filed an enforcement action against Salvatore Carabetta, the Carabetta Companies’ director of development and construction, over claims his family property is encroaching on a state park.
March 20, 2025
Bridgeport’s Beardsley Park Plaza sells for $2.25M
March 20, 2025Beardsley Park Plaza, a commercial building with four retail spaces at 2652 E. Main St., in Bridgeport, has sold for $2.25 million, according to city records.
March 20, 2025
Forever 21 lease in Trumbull is for sale as part of bankruptcy
March 20, 2025The lease for Forever 21’s outlet store in Trumbull has gone up for sale after the clothing retailer filed for Chapter 11 bankruptcy protection earlier this week and announced plans to close all of its 350 stores in the U.S.
March 20, 2025
Cigna completes $3.3B sale of medicare businesses to HCSC
March 19, 2025Bloomfield-based global health insurer The Cigna Group said Wednesday it has completed the sale of its Medicare-related businesses to Health Care Service Corp. (HCSC).
March 19, 2025
Grocery store-anchored retail plaza in Middletown listed with $19.7M asking price
March 19, 2025A Middletown retail building that is home to a Market 32 grocery store has been listed for sale.
March 19, 2025
Today's Poll
Poll Description
Powered by UHY
Connecticut employers added 16,000 jobs across industries in 2024, the state Department of Labor said in its annual jobs summary released Friday.
According to the DOL, the labor force in Connecticut hit a new high of 1.96 million workers, with a labor force participation rate of 65% in 2024. Nationally, the labor force participation rate is 62.6%.
Also, the state’s unemployment rate was relatively flat, ranging from 3% and 3.3% over the last 24 months.
The number of jobs added in 2024 was about 18.4% less than the 19,600 jobs added in 2023.
In January, Connecticut added another 2,300 jobs.
DOL Commissioner Danté Bartolomeo said the statewide economy remains “in good shape” and the year is off to a positive start.
However, she warned that changes at the national level — related to tariffs, federal spending and other factors — could impact Connecticut’s economy for the remainder of 2025.
EVENT
Connecticut's Family Business Awards 2025
June 12, 2025 - June 12, 2025
5:00 PM - 8:00 PM
Farmington Gardens, 999 Farmington Ave, Farmington
Event Details
Newington manufacturing property sells for $2.35M
March 19, 2025A 19,800-square-foot Newington manufacturing building that had housed aerospace component manufacturer Integral Industries has sold for $2.35 million.
March 19, 2025
CT Senate Minority Leader Harding joins law firm in Orange
March 19, 2025After a decade running his own law firm in Danbury, Senate Minority Leader Stephen G. Harding Jr. (R-Brookfield) is joining the law firm Zabel Schellenberg PLLC in Orange.
March 19, 2025
On national ‘day of action,’ Democrats rally against cuts to Medicaid
March 19, 2025Democrats rallied outside the state Capitol in Hartford on Tuesday in a coordinated national “day of action” aimed at heading off what they say are inevitable cuts to Medicaid as the Trump administration and Republicans move to extend provisions of the 2017 tax cut law.
March 19, 2025
Proposed amendment would seal right to clean air, water in CT Constitution
March 19, 2025Frustrated by setbacks at both the state and federal level to codify tougher environmental regulations, local advocates and lawmakers are hoping to find success with a new approach: enshrining the right to clear air, water and a healthy environment directly into the Connecticut Constitution.
March 19, 2025
Easton-based NuPower sells Bridgeport fuel cell project to New Jersey energy company
March 18, 2025Easton-based NuPower sells Bridgeport fuel cell project to New Jersey energy company NuPower, an Easton-based fuel cell developer, has sold a 9.6-megawatt combined heat and power fuel cell project in Bridgeport to a New Jersey-based energy company.
March 18, 2025
Lamont’s budget for CT is $230 million short
March 18, 2025Gov. Ned Lamont’s new two-year budget plan underfunds employee health care by nearly $230 million, according to data from the state comptroller’s office, prompting bipartisan legislative charges that the plan was unbalanced from the start.
March 18, 2025
CT labor committee expected to approve 9 bills, including on NDAs, salary disclosure
March 18, 2025The state legislature’s Labor and Public Employees Committee is expected to act on nine bills during its meeting Tuesday, including sending to the Senate and House bills on limiting non-disclosure agreements and requiring employers to publicly disclose salary ranges.
March 18, 2025
Pennsylvania developer buys Canton parcel for $1.4M for new multifamily development
March 18, 2025A 4.35-acre parcel in Canton has sold for $1.4 million to a Pennsylvania-based developer that plans to build a 100-unit multifamily development on-site.
March 18, 2025
Bristol automation specialist expands with acquisition in North Carolina
March 18, 2025Bristol-based maker of custom assembly machinery Arthur G. Russell Co. Inc. has acquired a North Carolina maker of automation systems. AGR says the integration of ProMATIC Automation Inc. will allow it to serve a broader range of companies with customized automation.
March 18, 2025
Three-story, mixed-use apartment building sells for $2.6M in Norwalk
March 18, 2025A three-story building in Norwalk with four retail spaces and nine apartments has come off the market for $2.6 million, according to the deal’s listing broker.
March 18, 2025
New Haven restricts smoke shops with new city ordinances
March 18, 2025New Haven has placed new regulations on tobacco retailers in the city.
March 18, 2025
Head of Hartford’s new Office of Arts, Culture and Entertainment has deep roots in city’s arts scene
March 18, 2025Hartford Mayor Arunan Arulampalam has chosen someone deeply familiar with Hartford’s arts scene to lead his newly created Office of Arts, Culture and Entertainment.
March 18, 2025
Lamont’s quest: Engage Trump without appeasing or provoking
March 18, 2025Gov. Ned Lamont was sharing a table with Gov. Janet Mills of Maine at the White House when President Donald J. Trump chose to make an example of Mills — and Maine — over resistance to his executive order aimed at driving transgender athletes from women’s and girls' sports.
March 18, 2025
CT schools, food banks lose federal money to buy from local farms
March 17, 2025Millions of dollars in anticipated funding that Connecticut schools and food banks would have used to buy fresh food from local farmers has dried up with the cancellation of two federal initiatives.
March 17, 2025
CT lawmakers revive debate over banning single-use plastics, polystyrene
March 17, 2025A perennial debate in the Connecticut legislature is back with lawmakers once again considering legislation that would ban the use of disposable plastic straws, utensils, cups and other takeout containers.
March 17, 2025
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2025 Charity Event Guide
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
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Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
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2025 Book of Lists
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
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