November 25, 2019Edition

🔒Magubane cuts down DMV wait times

Before Sibongile “Bongi” Magubane officially began her duties as commissioner of Connecticut’s Department of Motor Vehicles last April, she saw lines at the DMV’s Wethersfield headquarters going out the door into the parking lot.

🔒CT’s pathway to energy and economic sustainability

Connecticut continues to move forward with aggressive implementation of an energy strategy that includes procurement of offshore wind, development of solar facilities, installation of fuel cells, and development of biomass facilities.

🔒Four common hiring mistakes

The challenge of attracting talent has reached a 46-year high, according to a recent poll by the National Federation of Independent Business.

🔒Transportation could make Lamont a one-term governor

Gov. Ned Lamont is still in the first year of his first term, but I don’t think it’s too early to say that the issue of transportation could make or break his chances at re-election, if he chooses to pursue a second term.
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🔒Hartford’s State House Square undergoing $12M facelift

Downtown Hartford’s State House Square is getting new life in its fourth decade of operation.

🔒The Hartford’s tech push seeks to improve workplace safety, lower catastrophe losses

Two-century-old property-casualty insurer The Hartford is embracing a startup culture.

🔒Hartford slated to get CT’s first CVS/Aetna ‘HealthHub’ in 2020

CVS Health and health insurer Aetna have spent 2019 experimenting with what they say is the drug-store of the future — a one-stop destination for an individual’s health needs.

🔒CT hopes to test self-driving buses on CTfastrak in 2020

Autonomous buses could soon be carrying passengers between Hartford and New Britain.
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🔒Trying to avoid CT taxes by becoming a part-time resident? It’s harder than you think.

The popular narrative is that individuals who reside in Connecticut part time, but spend at least six months and a day in another state (or country), don’t have to pay taxes here. That’s not the case. In fact, it’s not even close.

🔒CT outpaces nation in SBA lending growth

Q&A talks with Gregory Gould, vice president and Small Business Administration relationship manager at Webster Bank, about SBA loan activity and trends in Connecticut.

🔒Bank of America loses market-share edge in CT

Bank of America is still Connecticut’s deposit market-share leader, but its closest competitors are gaining ground.

🔒Amid perpetual M&A activity, one CT bank CEO pledges ‘we will absolutely not be acquired’

The Liberty Bank torch will burn for years to come, so long as David Glidden is at the helm, the new CEO insists.
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🔒Holiday perennial shows give Hartford theaters a financial gift

As thousands of theatergoers take in holiday entertainment, few realize how these perennial shows have become the financial lifeblood of Hartford’s performance venues.

🔒In Opportunity Zone scrum, Manchester’s persistence could pay off

Communities in Connecticut and across the country are working hard to differentiate themselves as wealthy investors kick the tires on major developments made potentially more lucrative by the federal “Opportunity Zone” program.
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