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Rell vetoes bill restricting criminal background checks in hiring for state jobs |
Full Story
Jacqueline Rabe
Gov. M. Jodi Rell has vetoed a bill that would have barred state hiring managers from asking applicants their criminal background or researching their background until the last step of the hiring process. Read more
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Promotion
WESTPORT, Conn. (April 26, 2010) – TD Bank, America’s Most Convenient Bank®, has named Michael J. LaBella the Market President for Connecticut.
Based in Westport, LaBella will manage TD Bank’s four regional offices
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TD Bank
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| Wednesday, 03 February 2010 |
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Peter Kaufman of Stamford has joined the Milford accounting firm of Cohen, Kaufman & Associates
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| Wednesday, 03 February 2010 |
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The law firm of Wiggin & Dana has named two attorneys to its Executive Committee: New Haven
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Deficit puts sales tax back in the spotlight |
Full Story
Keith M. Phaneuf
The state income tax has dominated legislative revenue debates since its controversial enactment nearly two decades ago.
But the sales tax, whose base rate of 6 percent hasn't changed since that watershed debate in 1991, may be back in the
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Wyman confirms deficit for new budget |
Full Story
Keith M. Phaneuf
State Comptroller Nancy Wyman certified a $60 million-plus deficit this afternoon for the new fiscal year, even as she closed the books last year with a final surplus of nearly $450 million. Read more
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Pre-school sales tax break: A holiday from fiscal reality? |
Full Story
Byline 2:
By Jacqueline Rabe and Keith M. Phaneuf
Are state lawmakers feeling buyer's remorse for the $4 million the state will "spend" on the back-to-school sales tax holiday beginning Sunday?
With a $3.4
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Wyman confirms $393M surplus |
Full Story
Keith M. Phaneuf
State Comptroller Nancy Wyman confirmed this afternoon that Connecticut appeared to close the last fiscal year $393.3 million in the black.
That forecast, up $150 million from projections issued last month, should enable state officials to reduce
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New Position
Brokerage firm Benjamin F. Edwards & Co. (www.benjaminfedwards.com) continues to add branches and personnel, opening an office and bringing aboard four financial consultants and two associates in Hamden, Conn.
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Benjamin F Edwards & Co
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Forum organizers try to rein in gubernatorial candidates' attacks |
Full Story
Keith M. Phaneuf
MANSFIELD - How do you keep six gubernatorial candidates from spending an entire forum attacking each other?
Answer: Don't give them the chance. Read more
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Union uses attack on longevity bonuses to rally workers |
Full Story
Keith M. Phaneuf
A major state employee union is using last spring's unsuccessful bid to cancel longevity bonuses for senior, non-union state employees to rally support for its long-running battle to allow managers to bargain collectively.
An affiliate of the
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Report shows age is catching up with Connecticut's transportation network |
Full Story
Keith M. Phaneuf
Connecticut's transportation network is facing its own perfect storm of aging infrastructure, heavy usage and harsh weather conditions - all compounded by a slumping economy and shrinking government funding, according to a draft report from the
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Lawmakers fear rail funding could drain other projects |
Full Story
As the governor's office prepares to commit $260 million for the planned New Haven-to-Springfield rail project, two key state lawmakers say they want to know how that will affect other efforts to maintain and upgrade an aging, congested transportation network.</p>
<p>Both say they support the
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Modest good news, despite the deficit |
Full Story
Keith M. Phaneuf
The state got some welcome economic news Tuesday--an estimate that the surplus for the fiscal year that ended June 30 has jumped to $393.3 million, up nearly $150 million over the past month--but hardly enough to offset the massive deficit bearing
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Last year's surplus approaches $400M |
Full Story
Keith M. Phaneuf
State government is on pace to close the books on the last fiscal year $393.3 million in the black - $260 million higher than the surplus projected when the new budget was adopted in early May - Gov. M. Jodi Rell's administration reported today.
The
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Appointment
NewAlliance Bank, headquartered in New Haven and a subsidiary of NewAlliance Bancshares, Inc. (NYSE: NAL) announced today that Mary Ellen Nichols, CFP® has joined Trust Company of Connecticut’s Hartford
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NewAlliance Bank
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Despite deficit, Malloy says it's time for spending on tourism |
Full Story
Keith M. Phaneuf
For most of this year's gubernatorial contenders, discussion of state government spending is focused on ways Connecticut can tighten its belt--and Democrat Dan Malloy is no exception.
But in one vital area, tourism promotion, Malloy announced
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Appointment
NewAlliance Bank, headquartered in New Haven, CT has appointed Laurent (Larry) Favre as Senior Vice President, Director of Credit Policy, Loan Review and Specialty Credit. In addition to overseeing the Credit
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NewAlliance Bank
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Wyman projects $243 million surplus for outgoing fiscal year |
Full Story
Keith M. Phaneuf
State Comptroller Nancy Wyman projected this afternoon that state government will have a $242.9 million surplus when it closes the books on the fiscal year that ended Wednesday. Read more
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Gubernatorial contenders spar on jobs, roads, taxes |
Full Story
Keith M. Phaneuf
Let it not be said that Connecticut Democrats and Republicans can't agree on anything.
It took about five minutes for the three Republicans and two Democrats running for governor to agree during Tuesday's debate that Connecticut is a poor place in
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Job growth, taxes, transportation issues dominate gubernatorial debate in Stamford |
Full Story
Keith M. Phaneuf
As the 2010 gubernatorial candidates squared off in Connecticut's wealthy southwestern corner this afternoon, the debate quickly focused on taxes, an oppressive business climate and a congested transportation network.
"We're doing business pretty
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Study says state employee pension fund will be broke by 2019 |
Full Story
Keith M. Phaneuf
Connecticut is one of seven states that will run out of money to pay state employee pensions over the next decade, coming up short in 2019 due to poor savings habits and generous guaranteed benefit levels, according to a recent study by Northwestern
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Congressmen squeezed between calls for stimulus, austerity |
Full Story
Deirdre Shesgreen
WASHINGTON - During a recent meeting with labor leaders, Rep. Chris Murphy was pressed by the head of an influental teachers' union to support a $23 billion education rescue package pending in Congress. The message was reiterated in radio ads aired
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Rell signs law aiming to speed up DEP permitting process |
Full Story
Jacqueline Rabe
Gov. M. Jodi Rell has signed into law a bill intended to streamline issuance of state permits and licenses.
Rell's office said the bill, a compromise between industry and environmental groups, will "expedite job creation by breaking through
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New Position
Rose Mauriello Joins Webster Bank as SBA Sales Specialist
WATERBURY, Conn., June 7, 2010 – Webster Bank, the main subsidiary of Webster Financial Corporation (NYSE: WBS), announced today
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Webster Bank
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Connecticut could be attractive site for Major League baseball, according to UConn economic report. |
Full Story
Keith M. Phaneuf
Connecticut, and especially the Stamford metropolitan area, might be a far more attractive site for a new Major League Baseball franchise than state politicians and business leaders might think, according to the latest quarterly economic report from
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Democrats' open budget law might bite them in an election year |
Full Story
Keith M. Phaneuf
A controversial system for exposing state budget deficits that the Democrat-controlled legislature forced on Gov. M. Jodi Rell last year could come back to bite Democrats this fall - less than three weeks before Election Day.
Commonly known as the
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Diesel drivers get a tax break |
Full Story
Frontpage teaser text:
Connecticut may be headed for the largest budget deficit in its history, but some consumers will actually be enjoying a tax cut this summer.</p>
<p>Thanks to a drop in the world price of crude oil, the levy on diesel fuel will drop 5.5 cents, to 39.6 cents per
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Businesses fear increase coming in state unemployment tax |
Full Story
Keith M. Phaneuf
State government has relied on $500 million in interest-free, federal loans to keep its unemployment compensation trust fund afloat since mid-October, and legislators made no changes this year to the system for providing aid to jobless residents.
But
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Analysts say state's revenue recovery is tenuous at best |
Full Story
Keith M. Phaneuf
State legislators enthusiastically touted more than $220 million in projected tax revenue growth as a sign that Connecticut's economy is on its way back from the worst downturn since the Great Depression.
But while that $220 million helped the
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Will Connecticut get squeezed at the pump? |
Full Story
Keith M. Phaneuf
Though motorists could be seeing some modest relief at the pumps by Memorial Day, the gradual rise in oil prices over the past year has gasoline marketers and retailers pressing for new safeguards against price gouging - by both private corporations
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Bill giving tax breaks for businesses around Bradley Airport heads to governor for signature |
Full Story
Jacqueline Rabe
A bill aimed at enticing businesses to open in the towns surrounding Bradley International Airport is headed for the governor's desk.
The bill that passed almost unanimously by the House Tuesday provides tax breaks and exemptions for existing and
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'Jobs bill' clears Senate, unclear on future in the House |
Full Story
Jacqueline Rabe
A Democratic "jobs" bill that taxes large bonuses paid by companies that got federal bailouts to pay for a small-business tax break passed the Senate Friday mostly along party lines. Read more
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Rell's plan to balance budget would tap electric bills, raid clean energy funds |
Full Story
Keith M. Phaneuf
Gov. M. Jodi Rell asked state legislators Wednesday to put nearly $1 billion in operating costs on the state's credit card for the second year in a
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March 1, 2010
Press Release
FARMINGTON, CT March 1, 2010 – Michael Wise becomes President of ConnectiCare health plans today.
Wise has led ConnectiCare since 2005 as Chief Financial Officer and Executive Vice
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Stamford-Norwalk rental market called the nation's most expensive |
Full Story
Mark Pazniokas
The Stamford-Norwalk area is the most expensive rental housing market in the nation, requiring a $72,000 household income to afford a typical monthly rent of $1,800, according to study released Wednesday.
According to an annual report by the
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New Position
New Haven, CT—Charter Oak Insurance and Financial Services Co. (Charter Oak) is pleased to welcome the following agents to its team of financial services professionals:
New Haven
Joseph
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Charter Oak Insurance and Financial Services Co.
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Finance approves bills on conveyance tax, internet sales |
Full Story
Mark Pazniokas
How powerful are the members of the legislature's Finance, Revenue and Bonding Committee? They can keep the sun from setting for two years.
By a vote of 35 to 15, the committee approved a bill that delays for two years the "sunset" of the
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Larson: Pratt & Whitney to stay in Connecticut |
Full Story
U.S. Rep. John B. Larson, D-1st District, said today that he has been assured by David Hess, the president of Pratt & Whitney, that the jet-engine manufacturer is staying in Connecticut, despite public complaints by its parent, United Technologies Corp., about the cost of
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AG would boost fines for firms that misclassify workers |
Full Story
Jacqueline Rabe
Employers are increasingly misclassifying their employees as contractors to trim costs, so Attorney General Richard Blumenthal and the Chief State's Attorney's Office said they want to substantially increase the fines.
"This is cheating, plain and
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Amazon threatens to fire state affiliates if Connecticut tries to collect sales tax |
Full Story
Keith M. Phaneuf
The nation's largest online retailer threatened Monday to end its advertising relationships with Connecticut businesses if the legislature enacts a new measure to collect sales taxes tied to Internet transactions.
And though Amazon.com did not
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Tax chief wary of 'Amazon Law' |
Full Story
Keith M. Phaneuf
Add the state's tax chief to the growing list of officials uncertain about how Connecticut should pursue hundreds of millions of dollars in uncollected sales taxes tied to Internet transactions.
Department of Revenue Services Commission Richard
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Larson pushes back at UTC over relocation threats |
Full Story
Mark Pazniokas
CROMWELL - U.S. Rep. John B. Larson, D-1st District, said today that the state's congressional delegation did not appreciate United Technologies' threat last week to relocate more manufacturing out of state.
UTC's complaints to Wall Street analysts
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Labor committee approves paid sick days |
Full Story
The General Assembly's labor committee today narrowly approved legislation that would require businesses with more than 50 employees to offer up to five paid sick days. Read more
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Rise in million-plus incomes will shape future tax debate |
Full Story
Keith M. Phaneuf
Despite losses as the recession set in, Connecticut's wealthiest households came through 2008 with a six-year record of income growth more than five times greater than that of the average taxpayer.
Buoyed by a five-year stretch during which their
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Bills would restrict employee background checks |
Full Story
Keith M. Phaneuf
With nearly 170,000 Connecticut residents struggling to find employment, a state legislative panel has endorsed new restrictions on when businesses can research individuals' credit and criminal backgrounds. Read more
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Bipartisan effort to regulate banks' handling of foreclosures |
Full Story
Mark Pazniokas
Frustration with how big banks handle foreclosures has united Democrats and Republicans behind a bill intended to force financial institutions to work with mortgage holders.
Banks frequently fail to designate a contact person on foreclosures, leaving
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New Position
Allen Ciociola joins Citizens Bank
NEW HAVEN, CONN. – Allen Ciociola of Branford, Conn., has joined Citizens Bank as a Mortgage Loan Officer. His office is in New Haven. He originates a wide variety of
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Citizens Bank
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Appointment
Citizens Financial Group appoints Dennis Devine new
U.S. Retail Banking Director
Former National City/PNC executive to lead CFG’s retail banking operations
PROVIDENCE, R.I. – Citizens Financial
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| Wednesday, 03 February 2010 |
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Anne Slattery has been named executive vice president of retail banking at Webster Bank in
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| Wednesday, 03 February 2010 |
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Lori Groton has joined the Hamden office of CriticalEdge Group, a provider of ERP solutions for
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| Wednesday, 03 February 2010 |
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Karan Sampson has joined the Connecticut office of Marcum, an independent public accounting and
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| Wednesday, 03 February 2010 |
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Former senior vice president of the Coca-Cola Co. Thomas G. Mattia has been named chief
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| Tuesday, 30 November 1999 |
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Commercial Finance Association
Print Pub Date
12/2/2002
New Position
Weston native Richard Palmieri hs been chosen as the new president of the financial services trade
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| Tuesday, 30 November 1999 |
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Weinstein & Anastsio, P.C.
Print Pub Date
12/10/2002
New Position
Charlene Labate has joined Weinstein & Anastasio, P.C. as a staff accountant. A graduate of the
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| Tuesday, 30 November 1999 |
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Banknorth Investment Management Group
Print Pub Date
12/10/2002
New Position
Richard P. Vandale has been named chief investment officer, executive vice president and managing
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| Tuesday, 30 November 1999 |
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Murphy, Sloman & Co. LLC
Print Pub Date
12/11/2002
New Position
Wallingford resident Michael Lombardozzi has joined the accounting firm of Murphy, Sloman & Co. LLC
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| Tuesday, 30 November 1999 |
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Reynolds & Rowella
Print Pub Date
12/16/2002
Award
Richard J. Proctor, a principal with the Fairfield County-based accounting firm Reynolds & Rowella,
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| Tuesday, 30 November 1999 |
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Haggett, Longobardi & Co. LLC
Print Pub Date
1/27/2003
Promotion
Woodbridge resident, Jeffrey W. Rossi has been promoted to principal at Haggett, Longobardi & Co.
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| Tuesday, 30 November 1999 |
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Whittlesey & Hadley P.C.
Print Pub Date
3/25/2003
New Position
Katrina Olson has joined the staff of Whittlesey & Hadley P.C. as an associate in the audit
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| Tuesday, 30 November 1999 |
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Webster Financial Corp.
Print Pub Date
4/7/2003
New Position
Terrence K. Mangan was promoted to senior vice president of investor relations at Webster Bank in
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| Tuesday, 30 November 1999 |
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Connecticut Society of Certified Public Accountants
Print Pub Date
7/28/2003
Board Appointment
The Connecticut Society of Certified Public Accountants (CSCPA) has announced John L. Evanich Jr.
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