March 24, 2025 - Hartford Business Journal

Economy & Labor

🔒Here’s how commercial contracts can ease the cost burden of new tariffs impacting manufacturers

Commercial contracts tend to be full of “boilerplate provisions” that, to paraphrase Mark Twain’s assessment of classic novels, everyone knows are important, but no one actually reads.When COVID-19 struck, manufacturers learned all about the significance of one particular boilerplate provision — force majeure.This type of provision can excuse or postpone contractual performance in the face […]

Banking & Finance

🔒Business bankruptcies spike in CT as uncertainty hovers over economy

The Tire Exchange in Meriden last July 26 announced in a Facebook post its closure “with sad...

Banking & Finance

🔒Name change, new $23M Danbury HQ propel Ives Bank’s growth strategy

Ives Bank has changed its name from Savings Bank of Danbury and is building a new $23...

Economic Development

🔒With new CEO, QuantumCT eyes creating quantum computing ‘test bed’ in New Haven

“I have spent pretty much my entire career at the interface between bleeding-edge technology and hardcore business...

Health Care

🔒Amid rising costs, hospital and health insurer contract disputes become more frequent, contentious

It has become all too common: A healthcare system and an insurance company approach the expiration date...

Banking & Finance

🔒Law firms beef up finance practices amid expected increase in deal flow, more complex transactions

Law firms are staffing up in anticipation of banks and other financial institutions experiencing increased demand for...

Economic Development

🔒With three warehouse purchases in early 2025, New York-based Snowball Developments expands growing CT portfolio

Snowball Developments President Brian Ker describes the 87,525-square-foot East Hartford warehouse his company purchased for $5.95 million...

Economic Development

🔒This CT city’s multifamily market has grown at a faster rate than NY, Boston metro areas

While the multifamily apartment boom has reached nearly all corners of Connecticut in recent years, there may...

Manufacturing

🔒As the metal and wire company’s new 4th-generation leader, CEO Jon Ulbrich looks to the future

When Southington-based Rex Forge announced in February that it would close after 160 years in business because...

Economy & Labor

🔒The impact of tariffs in CT, and on investors

The recent imposition of tariffs on imports from Mexico, Canada and China has created a ripple effect...

Best Places to Work 2025: 1. Olsen Construction Services

“Flexibility and freedom” are two reasons New Britain-based Olsen Construction Services has maintained its success for 25...

Subscriber Only

🔒Meet the 2025 Best Places to Work in CT

Workplaces in Connecticut continue to be impacted by workforce shortages. In fact, Connecticut companies reported about 92,000 job...

March 24, 2025Edition

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