The Ballmer Group — a philanthropic organization led by Steve Ballmer, the 10th wealthiest person in the world, and his wife, Connie — recently committed $400 million to Black investment managers and Black businesses, with the goal of increasing capital to underserved markets.
Hartford HealthCare’s new 110,000-square-foot headquarters at 100 Pearl St. “will be a model for healthcare transformation in this country,” said President and CEO Jeffrey Flaks.
Understanding what stage or life cycle a company is in is important because it provides context and clarity. Knowing where you are helps leaders focus on the activities that will drive growth and sustainability.
Diversity has become a major focus for most arts institutions in Connecticut and throughout the country as museums, theaters and other organizations invest in outreach efforts to attract a broader, younger and more ethnic audience.
Fundraising for nonprofits has always been an uphill battle, but this past year Channel 3 Kids Camp faced particular difficulties and recently announced the need to seek buyers or new partners to remain open.
Just in the last two months, Anthony Lepore’s school bus union has announced organizing three more bus yard teams – bus monitors and mechanics at First Student in Manchester, and monitors and drivers at the same company’s New Britain operation. Overall, the Teamsters now represent some 2,300 school bus workers in the state, at 42 different locations – about a quarter of the total workforce.
Connecticut’s cannabis industry could account for more than 10,000 jobs just a few years after the recreational market launches, according to a recent study, and companies are already ramping up hiring efforts ahead of the first adult-use sales in the state.
Following a revision to NCAA regulations last year and a change in state law that went into effect July 1, student-athletes can capitalize on their personal brand, using social media, sponsorships and other means to build a business based on their collegiate athletic pursuits.
Facing competition from fast-innovating financial technology companies and deep-pocketed national banks, Thomaston Savings Bank recently joined a consortium that aims to keep its nearly 80 members on the cutting edge.
A Connecticut startup is developing software that can help humans more easily program complex robots to perform welding tasks, in an effort to help mitigate workforce shortages plaguing manufacturers and other industries across the country.