Greg Bordonaro is the editor of the Hartford Business Journal. He joined the editorial team in May 2008 after graduating from the University of Connecticut with a degree in journalism and history. He also has an MBA from the University of Hartford. He was a former intern and worked part-time for the Hartford Courant. Bordonaro has been recognized for his writing and reporting by the Alliance of Area Business Publications as well as the Connecticut Society of Professional Journalists.
Rallybio reported a third-quarter profit driven by the sale of a joint-venture asset, but warned it would need to raise significant capital in the future.
A developer is seeking approval to build a 27-unit townhouse community on a vacant 2.3-acre parcel in Hartford’s Northeast neighborhood, at 91 Naugatuck St.
Stamford-based hedge fund Point72 Asset Management, led by billionaire investor Steven A. Cohen, has taken a more than 5% ownership stake in Lionsgate Studios Corp.
Connecticut's major manufacturers, including Pratt & Whitney, Hexcel and Acme United, are reporting squeezed profit margins and reduced earnings forecasts due to rising tariffs, even as sales remain relatively steady.