The free market is being heavily debated in the halls of the state legislature, which should give the business community cause for concern, particularly with lawmaker's penchant for overregulation.
Like much of the state this winter, Connecticut's housing market has hardly been hot. In fact, according to recent figures from the Greater Hartford Association of Realtors, regional single-family home sales were down nearly 7 percent in January, compared to a year earlier. Prices dropped too, with the median sales price falling more than 14.5 percent to $187,000.
The long-term future of Gov. Dannel P. Malloy's most ambitious economic development program — the $1 billion Bioscience Connecticut initiative — could be undercut by the governor's own hand, if lawmakers approve his proposed cap on research and development tax credits, a move that would encourage larger, more mature R&D companies to seek out other states with more favorable incentives, industry officials warn.
For generations, dating to before the Civil War, Cheshire's Ball & Socket Manufacturing Co. factory churned out millions of metallic buttons and snap fasteners for clothing and uniforms, some of them rare and high-quality enough to be considered collectible.
The record-breaking snow across much of Connecticut this winter likely has many state residents thinking inspirationally about the return of migrating birds this spring. But one bird species in particular has utility companies concerned: the Monk Parakeet.
Grant Thornton LLP, one of America's largest tax, audit and business advisers, is eyeing spaces in downtown Hartford for a relocation of its Glastonbury practice aimed at making the Capital City a key epicenter of its northeast turf.