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Sept. 16, 2024

Q&A

After 6 years leading ESPN, Pitaro may be on deck to succeed Disney CEO; he’s also trying to reshape the Bristol-based sports media company

David Krechevsky

Jimmy Pitaro says he’s “sitting in his dream job.”

Focus section

Focus section
As merger wave hits accounting industry, here’s how some small to midsize firms are maintaining independence

Hanna Snyder Gambini

The accounting industry is experiencing a consolidation wave, driven by the ongoing challenges of succession planning for aging partners and the new influence of private equity investment.
CT-based startup Kazark uses crowdfunding to develop news aggregation app

Andrew Larson

“I’m enthusiastic to bring this technology and have it come out of Connecticut,” Hontz said. “That’s my goal. I built it here.”
More execs say CT’s biz climate is declining

David Krechevsky

Almost nine in 10 business executives surveyed by the Connecticut Business & Industry Association say the cost of doing business in the state is rising, while just 8% say the state’s business climate is improving.
Deal Watch

Deal Watch
Prominent developer Krohn eyes sale of first CT investment, as focus shifts to larger projects

Michael Puffer

Busy developer Avner Krohn’s first investment in Connecticut came in 2006, when he and a partner paid $700,000 for a dilapidated 26,975-square-foot office building near Central Park in downtown New Britain.
Deal Watch

Deal Watch
Robinson+Cole’s new, modern Hartford office space promotes equity, collaboration

Michael Puffer

Robinson+Cole may be the state’s oldest law firm, but its new 70,000-square-foot office space on four floors at the top of the Hartford Steam Boiler building in downtown Hartford is consciously modern in appearance and philosophy.
Deal Watch

Deal Watch
Hartford metro area to lead CT, nation in new apartment construction over next 5 years

Andrew Larson

The Hartford metro area is on track to add 6,642 apartment units between 2024 and 2028, up from 3,979 between 2019 and 2023 – an increase of 2,663 units or 66%, according to a
Expert corner

Expert corner
How the federal Tax Cuts and Jobs Act creates challenges for R&D companies

Bill Claffey

For 70 years, the Internal Revenue Code (IRC) allowed companies to deduct research and development expenses in the year they were incurred.
Opinion

Opinion
A blueprint for addressing CT’s residential construction workforce shortage

Jim Perras

Connecticut’s housing debate has largely focused on zoning reform, affordability and accessibility.

Today's Poll

Poll Description

CVS Health, parent company of Hartford health insurer Aetna, recently told employees it will cut 1% of its workforce, or about 2,900 employees.

The job cuts will mostly impact corporate jobs and are part of a broader $2 billion cost-cutting effort.

Meantime, CVS’ board of directors is performing a full assessment of the company, which has struggled financially in recent quarters, including the possibility of breaking it up, according to the Wall Street Journal.

This is the latest round of layoffs for CVS and Aetna. Just over a year ago, CVS said it would cut about 5,000 jobs nationwide, including hundreds of jobs at Aetna.

56 Votes
0 Comments

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2022 Giving Guide

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Award Honorees

After 6 years leading ESPN, Pitaro may be on deck to succeed Disney CEO; he’s also trying to reshape the Bristol-based sports media company

Following the SPAC IPO frenzy of 2020-21, some CT companies struggle to find their footing

UConn incubator program enforces new five-year limit for tenants with goal of bringing in more startups

UConn moves on multiple fronts to cash in on its research and technology incubation programs

New England Air Museum’s ambitious $25M expansion plan aims to spur economic development, bolster aerospace industry

As merger wave hits accounting industry, here’s how some small to midsize firms are maintaining independence

CT-based startup Kazark uses crowdfunding to develop news aggregation app

More execs say CT’s biz climate is declining

Prominent developer Krohn eyes sale of first CT investment, as focus shifts to larger projects

Robinson+Cole’s new, modern Hartford office space promotes equity, collaboration

Hartford metro area to lead CT, nation in new apartment construction over next 5 years

How the federal Tax Cuts and Jobs Act creates challenges for R&D companies