by Zachary Janowski | Aug 20, 2013 | Economy, Features, General, State Budget
Connecticut economic development officials will pay nearly $300,000 over the next year to promote Connecticut abroad with a particular focus on four foreign countries: Brazil, China, Germany and Israel. The Department of Economic and Community Development hired the...
by Zack Albert | Aug 1, 2013 | Blog, Economy, General, State Budget, Taxes & Spending
Of the thousands of billboard advertisements in Connecticut, those placed along I-84 in Hartford must be some of the most viewed. The reason is not simply the number of commuters who travel that highway on a daily basis, but also the fact that those commuters are very...
by Zachary Janowski | Jul 23, 2013 | Economy, Features, General, Taxes & Spending
A Connecticut economic development official flew business class to China and stayed in three luxury hotels while on a trade mission. Ronald Angelo Jr., deputy commissioner of the Department of Economic and Community Development, spent about $7,500 of taxpayer money on...
by Zachary Janowski | Jun 13, 2013 | Economy, Features, General, State Budget, Taxes & Spending
The largest hedge fund in the world is getting state aid amounting to what looks like $140 million to relocate from Westport to Stamford. That money has already started flowing. The State Bond Commission has allocated $16 million to Bridgewater Associates’...
by Andrew Parrish | Jun 11, 2013 | Economy, General, It Could Happen Here
Before Connecticut lawmakers could finish patting themselves on the back for a General Assembly session that left the state in a deeper fiscal crisis, worse business climate and with a downward spiraling economy, word broke that Texas Governor Rick Perry is planning a...
by Suzanne Bates | Jun 11, 2013 | Economy, Features, General
On the wharf, hundreds of lobster traps are piled high, waiting to be dropped into Long Island Sound. Standing on the Stonington Dock, Richie Maderia rattles off the list of regulations that affect the way he and his sons do business – trap limits, the size of the...