Hospitals and insurers face plenty of uncertainty as they try to discern how President Donald Trump’s promised repeal of Obamacare and other potential health policy changes will impact them.
Bob Margolis has known Harry Fine, owner of FMi Chemical Inc. in Bloomfield, for 25-plus years. So when Fine, a chemist whose company makes a silicone used primarily for seals in jet engines, needed someone to help lead and manage FMi's growth, he approached Margolis, who has a diverse background in everything from business development to ownership.
The Protecting Americans from Tax Hike Act (PATH) of 2015 introduced many changes related to the research and development (R&D) tax program. One such improvement, known as the payroll tax offset, provides qualified small business startups the opportunity to elect to use R&D tax credits to offset payroll taxes, instead of waiting to use the credits to offset income taxes.
Q&A talks to James T. Brett, president & CEO of The New England Council, about the current and future state of Connecticut's financial-services sector.
Three and a half years ago, I was working in human resources for the Hartford Public Schools. My husband Jamie left his stable, corporate career to pursue his passion for cooking barbecue and needed to hire staff for the restaurant. I posted a help wanted advertisement with Hartford's adult education department and we hired Bear's first employee. Not long afterward, I met a woman at the gym and decided to hire her. These were our first two employees. Both had criminal records.
There is a memorable scene during “Godfather II,” one of the all-time great movies, in which the Cuban dictator Batista on the eve of his overthrow gives his farewell address at a swanky dinner in Havana. Even before he announces his imminent resignation, the crowd — sensing that revolution is at hand — uneasily starts to migrate toward the exits to head out and get on their boats or private planes to escape the impending coup.
When government wants to intervene in the private sector by adding new regulations, businesses often interject that the free market ought to be left to its own devices.
Connecticut community banks swept up seven years ago in the Dodd-Frank financial reforms are anxiously waiting to see what emerges from President Donald Trump's demand to review and reform the massive, intricate law, which local bankers say has been overly burdensome and costly.