November 7, 2022 - Hartford Business Journal

Banking & Finance

🔒Some CT credit unions shed branches, invest more in technology

A big selling point for credit unions is their personal touch, the connection of a local not-for-profit institution whose mission is serving members rather than shareholders. Some credit unions are deciding this mission can be better served with modern technology and fewer brick-and-mortar locations. Charter Oak Federal Credit Union, an 85,000-member institution with $1.6 billion […]

Banking & Finance

🔒Credit union CEOs say they’re prepared for economic headwinds

Anticipating difficult economic times, Hartford Federal Credit Union has tightened its lending standards for home equity lines...

Economy & Labor

🔒‘Inflation’ means two different things; Executives should know the difference

The September inflation numbers were awful. Overall, inflation stood at 8.2% while “core inflation” — a measure of...

Banking & Finance

🔒Credit unions, banks ditch nuisance fees to woo new customers

Increasing numbers of financial institutions are beginning to waive non-sufficient fund fees: those irritating — or even...

Arts & Culture

🔒Simsbury Meadows Performing Arts Center expansion aims to attract ‘big-name talent’

The Simsbury Meadows Performing Arts Center — home to the Hartford Symphony’s Talcott Mountain Music Festival every...

Manufacturing

🔒In run up to election, Gov. Lamont talks expansion plans with Farmington international aerospace manufacturer

In the run up to the Nov. 8 election, Gov. Ned Lamont and other business officials recently...

Education

🔒Workforce Development: Eversource partners with community colleges to develop line-worker pipeline

As many industries grapple with labor shortages and worker retention efforts, utility giant Eversource has turned to...

News

🔒Controversial CTfastrak busway spurs New Britain transit-oriented development boom

The state’s $567-million, 9.4-mile CTfastrak busway debuted in 2015 with much anticipation and some controversy. The 10-station line,...

Subscriber Only

🔒Hartford Line train stations spur major economic development opportunities for municipalities

Developers over the years have shown interest building mixed-use projects in Windsor Locks’ central village area, but few had ever come to fruition.

Cannabis

🔒Ex-cons turn to advocacy, cannabis and entrepreneurship following incarceration

Depending on the day, you might find Hartford resident Kennard Ray wearing one of several hats.Ray is...

Hospitality & Tourism

🔒Taking A Gamble: InsurTech Hartford the latest CT Convention Center event to land at Mohegan Sun

Hartford is losing a signature insurance industry event, InsurTech Hartford Symposium, to the allure of Mohegan Sun,...

Health Care

🔒Membership-based primary care practice aims to challenge traditional business model

Long wait times to get a primary care appointment.Hassles dealing with health insurance.Quick visits that lack a...

Manufacturing

🔒Australian-based defense contractor takes root by CT River in Portland

Driving down Riverview Street in Portland, Connecticut, there is little hint one is heading into the grounds...

Real Estate & Construction

🔒Four years after blaze at former Bloomfield Hardware Store, restored building is ready for new tenant

A little more than four years after a car veered into the former Bloomfield Hardware Store in...

Economic Development

🔒CBIA survey: Labor shortage hits 87% of CT manufacturers

The state’s labor shortage is having a major impact on Connecticut manufacturers with 87% of the state’s...

November 7, 2022Edition

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