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Thousands of federal employees, active duty military and civilian defense personnel in Connecticut could stop getting paid if Congress does not fund the federal government before Oct. 1.
House Speaker Matt Ritter, D-Hartford, said Monday that the General Assembly will not vote Tuesday in special session on a proposal to allow publicly financed candidates in Connecticut to raise money online using the popular Democratic fundraising
Dutch Point Credit Union Inc. is planning to relocate its main office.
Bank of America is increasing its minimum wage to $23 an hour starting in October, which equates to roughly $48,000 a year for full-time employees, the company said in an announcement.
Each quarter, KeyBank surveys 400 middle market business executives (defined as those companies within the $10 million to $2 billion range) to understand the impact of current macroeconomic conditions and government policies on the business
Just over a year after getting a $500 million capital injection from a Swiss private equity firm, Shelton-based energy efficiency company Budderfly has reported record customer, revenue and employment growth, according to company founder and CEO A
At KeyBank, artificial intelligence is sometimes used to relay simple answers on customer service calls, but hasn’t yet been harnessed to vet borrowers or write drafts of shareholder reports.
Nearly 73,000 people successfully recouped money from Connecticut’s unclaimed property program during the 2023 fiscal year as the state shattered its record for returning uncashed checks, misplaced refunds and forgotten insurance policies to their
Connecticut’s largest bank is planning to close one of its Stamford branches. Bank of America has notified the federal Office of the Comptroller of the Currency it plans to shutter its Stamford branch at 417 Shippan Ave.
A Norwich-based credit union has announced a leadership transition. CorePlus Credit Union said Raymond J. Currier will take over as the financial institution’s new president and chief executive officer on Jan. 1, 2024.
Maura A. Malo became president and CEO of Winsted-based Northwest Community Bank on Saturday, following an announcement earlier this year that she would succeed retiring President and CEO Stephen P. Reilly.
Fortress Investment Group, a global investment management firm, has made a $130 million equity investment in Hartford-based Nassau Financial Group, the companies announced Tuesday.
The Great Wealth Transfer is underway, on track to see an estimated $84 trillion pass from the Silent Generation and Baby Boomers down to younger generations by 2045.
Chelen Reyes, who took over as president and CEO of Union Savings Bank in August, said he’s committed to the Danbury-based lender’s future growth amid a challenging industry environment.
As Kate Emery, founder of Farmington-based IT and digital marketing firm The Walker Group, considered retirement options, she wanted to find a way to step back while preserving her busi
The $43.9 million-asset Members Credit Union plans to relocate its headquarters from the Cos Cob section of Greenwich to Stamford.
Another major Connecticut corporation is on the verge of being acquired. Milford-based Subway is nearing a deal to be acquired by Roark Capital for $9.6 billion, the Wall Street Journal reported.
The federal government is heading toward a shutdown unless Congress passes funding legislation that is signed into law before Oct. 1.
Hundreds of thousands of government workers won't get paid until the shutdown is over, and many federal government services will be suspended.
Economists say the longer the shutdown lasts, the more severe the effects will be.
According to accounting firm EY, a shutdown would take 0.1 of a percentage point off of GDP every week.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
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.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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