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Alexion: Blame It On Brazil or Kanuma -The Stock Dives, And The Movers Get…

Alexion's New CEO Ludwig Hantson is making major executive changes By Mitchell Young New Haven: In spite of unexpected sales and earnings growth announced by Alexion Pharmaceuticals [Nasdaq: ALXN] just weeks ago, the…
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With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s decision to hire attorney Marc Kasowitz to serve as his private lawyer during…
GNHCC TONY RESCIGNO

Rescigno to Retire from Greater New Haven Chamber of Commerce

CHAMBER RELEASE New Haven, CT (May 22, 2017) – After 17 years of service as the President of the Greater New Haven Chamber of Commerce (GNHCC), Anthony Rescigno announced today his plans to retire on December 31, 2017. A…
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Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis

Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday recommended opening a new casino, legalizing marijuana and imposing deep cuts to…
CTGOP

Senate GOP Not Ready To Share CT Budget Fix With The Public

By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state budget. While Gov. Dannel P. Malloy and three of the four legislative caucuses either have released —…
insurance rates

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies sold in 2018, led by Anthem, which is seeking an average 33.8 percent…
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Auto Dealers Cite Tesla Cheating Report, To Stop Exemption Bill

Dealers Are Charging Up to Challenge Tesla - with Cars Too The DMV report says Tesla's Greenwich showroom violated Connecticut's auto sales law. BMW is expected to make a near total committmen to electric vehicles in the…
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Casino Revenues Stable, Foxwoods Weak, Mohegan Up

Mashantucket, Uncasville: Connecticut’s casinos have reported mixed results for April. Foxwoods reported slot revenue of $39.4 million for the month, down 3% compared to $40.7 million in April of 2016, the state received…

After Layoffs, Investigation, New CEOs - Alexion Reports Results

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By Mitchell Young New Haven: Worry warts that reacted to Alexion Pharmaceuticals, Inc.’s [Nasdaq: ALXN] announcement that it…

That’s The Spirit, Bradley Adds New Airline to The Mix

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Windsor Locks: Will Connecticut residents have something new to complain about or will they revel in a new low cost travel…

Across Connecticut - Craft Beer Is Brewing

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Anderson Sant’anna Delima, Head Brewer at Hell or High Water Brew Pub In South Norwalk, [2012 Interview With New York Times]…

New Haven Biotech To Go Public In $125 Million IPO

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By Mitchell Young New Haven: Biohaven Pharmaceuticals founded in 2013, is developing treatments for neurological diseases…
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What The GOP Obamacare Replacement Bill Means For You And CT

By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a proposal to replace many of the major provisions of the Affordable Care Act, the…
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Connecticuters [not our word] Earn $11 Million in 2016 with Airbnb

HARTFORD: In July the State of Connecticut cinched a deal with Airbnb, the home sharing company, to collect taxes from its “host” facilities. According to the company, Connecticut’s 2,400 active hosts earned more than $11…
women tech

There is No Stemming These Women's Tech Chops

Connecticut Technology Council Announces the 2017 Women of Innovation® Finalists and Awards Gala. HARTFORD: The Connecticut Technology Council (CTC) announced the 50 Women of Innovation finalists for its 2017 Women of…

We're #1 – Hydrogen Company Acquisition

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MERIDEN: Proton OnSite founded in 1996 is expected to be sold and merged into Nel ASA, an Oslo, Norway based hydrogen…

Hartford Insurance Execs Looking For A Friend In Washington

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By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month…

Health

insurance rates

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies…
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Connecticut Health Plans Not Happy With Trump ACA Overhaul

Insurers: Trump hasn’t committed to payments that would keep them in ACA exchanges By Ana Radelat ctmirror.com Washington: Despite reports to the…

St. Vincent's Hospital Says No Sale Imminent

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BRIDGEPORT: In meetings in late February [see report] hospital executives told employees that it was considering a potential sale or merger in the…

What The GOP Obamacare Replacement Bill Means For You And CT

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By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a…

Hartford Insurance Execs Looking For A Friend In Washington

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By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month under the weight of lawsuits…

CT Hospitals Launch TV Ad To Protest New Tax Proposal

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By: Keith M. Pahneuf, ctmirror.com Connecticut’s hospital industry launched a new television ad Thursday to protest Gov. Dannel P. Malloy’s proposal…

Hospitals Worry Medicaid, Obamacare Changes Could Bring Pain

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By, Arielle Levin Becker [This is a significantly edited version, the complete article can be found at ctmirror.com] With the potential for major…

Hospital Lights Up Cannabis Research

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HARTFORD: St. Francis Hospital and Medical Center’s medical marijuana research program has been approved by the state. The hospital say’s its…

Connecticut On Santa’s Good List For Once

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Connecticut companies may want to move down South to save on electricity and wage costs, but according to the 2016 report by the United Health…

To Err is Human, Unless It Is Happening to You

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State Measure Errors In Connecticut Hospitals HARTFORD: Good news from the Connecticut Department of Public Health, errors or what they call “adverse…

ConnectiCare and CliniSanitas Partner for Retail Locations

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FARMINGTON: Just a month after threatening to pull out of Access CT, Connecticut’s Health Care Exchange. ConnectiCare revealed a new and for a health…

TB or Not TB

Hartford: Cases of Tuberculosis have decreasing in the nation and Connecticut since 1990,with the low hitting in 2013. Things have stated to change…

Technology

FUELCELL

Fuel Cell Picks Up Some Financial Energy

Danbury: FuelCell Energy Inc. [Nasdaq: FCEL] stock went on a world wind trip this week losing 10% of it value on a single day May 2. The stock closed…
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Milford Fisheries Lab Invents “Man Overboard” Rescue Device

Milford: Northeast Fisheries Science Center's Milford Laboratory has developed a “Man Overboard” rescue Device. The device is the invention of Robert…

CT Tech By The Numbers

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Fifty State Tech Reports Present Connecticut Data CONNTACT.com Compiled Comparisons With Our State Neighbors Below The state of Connecticut and many…

CONNECTICUT INNOVATORS: Stitching Together A Next Generation Product

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A Global Healthcare Giant Engineers and Builds New In Connecticut By Mitchell Young NORTH HAVEN: Leon Hirsch was hoping to get his entrepreneurial…

Tech Council Selects Top Women Innovators From 50 Leaders

AWARD RELEASE HARTFORD: Fifty women from across Connecticut were honored for their innovation and leadership during the thirteenth annual Connecticut…

Connecticut's Fastest Growing Tech Company - Reports Results

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STAMFORD: Revolution Lighting Technologies, Inc. [Nasdaq:RVLT] was recognized as Connecticut’s fastest growing technology company by the Connecticut…

Fast Growing Branford Software Innovator Acquired By Leading Global…

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Core Informatics CEO: Gabelle wants to "accelerate the digital lab." BRANFORD: Core Informatics one of Connecticut’s fastest growing technology…

CT Venture Arm Invested Broadly To End 2016

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ROCKY HILL: The fourth quarter of 2016 brought a great stash of new cash to 31 companies across Connecticut and beyond, from Ridgefield to Tolland.…

Fast Growing etouches – Hiring and Acquiring

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NORWALK: etouches is a global provider of cloud event management software and one of Connecticut’s fastest growing companies. Ranked 461 on…

Connecticut’s $5 Million Global Venture Challenge Opens Applications to…

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PRESS RELEASE: VentureClash 2017 focuses on attracting Internet of Things, Digital Health, FinTech and InsureTech companies ROCKY HILL: Connecticut…

Real Estate & Construction

Median Home Sale Price Hits Lowest February Mark In Five Years

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Boston: The Warren Group publishers of the Commercial Record have released a report on Connecticut single-family home sales. According to their data,…

Massachusetts Company Wins Over Towns for Senior Living

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Darien: LCB Senior Living (LCB) of Norwood, Mass has purchased One Parklands Drive, formerly one of two office buildings located in Parklands Office…

Investor Manager Picks Up Retail Properties

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Willing Biddle Scoops Up FC Retail Properties Greenwich: Urstadt Biddle Properties Inc. (NYSE:UBA and UBP) has acquired a portfolio of four retail…

Downtown Development Garners Team Award

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Westport: Bedford Square, a new mixed-use development in downtown has garnered top honors from the Connecticut Building Congress. The…

The Warren Group Partners with MIT Center

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Warren hooking up with MIT BOSTON: The Warren Group [TWG ] publisher of the Commercial Record announced it entered into a new data sponsorship…

North Haven Proved Open to “Open Space” Purchase

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North Haven: A 30 acre parcel of “Open Space” land at King Highway was purchased by the Town of North Haven for what is being called “passive…

Hartford Architects Take Home Awards

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Boston: Amenta Emma Architects was honored with two awards at the 10th annual IIDA New England Design Awards ceremony on March 2. Symmetry Partners…

Office Building Sold for $4.8 Million

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Darien: 800 Post Road a fully leased three-story office and retail property was sold for $4.8 million. Louis Zuckerman and Patrick Colwell of CBRE…

Funding Company Pulls In Big Financing for Connecticut Apartments

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Windsor: Eastern Union Funding arranged $57.9 million financing in multifamily real estate transactions on behalf of two of its New York-based…

International Manufacturer Earns Gold In Danbury

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Danbury: BELIMO headquartered in Hinwil Switzerland has more than 1400 employees world wide and it emphasizes sustainability and energy efficiency…

Government

With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

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By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s…

Malloy and Unions Close to $1.6 Billion Dollar Deal - Extends Benefits…

Malloy CROP
By KEITH M. PHANEUF ctmirror.com Hartford: Gov. Dannel P. Malloy and state employee unions stand on the cusp of a concessions deal worth close to…

Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis

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Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday…

Senate GOP Not Ready To Share CT Budget Fix With The Public

CTGOP
By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state budget. While Gov. Dannel P.…

Demcrats Divided On New Taxes - Speaker In, Governor Out, Majority Leader…

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Speaker Aresimowitz [L], won't rule out new taxes, including on the "wealthy", Majority Leader Ritter, new taxes haven't pulled in the anticipated…

FBI Director: I'd Rather Be In Connecticut

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Comey: No regrets over Clinton emails, but he’d rather have been on the CT shore By Ana Radelat ctmirror.com Comey: No regrets over Clinton emails,…

CT Non-Profits Targeted For Sales Tax

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Rep Jason Rojas, D-East Hartford: Taxing non-profits are an option. Finance panel eyes ending sales tax exemption for nonprofits By: Keith M Phaneuf…

Labor To Business, "You're Not Paying Enough Taxes"

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Labor Study: Businesses can pay more to preserve CT’s quality of life By Keith M. Phaneuf ctmirror.com HARTFORD: Connecticut businesses can afford —…

hearstNorwalk: Hearst Connecticut Newspapers have consolidated their office into a regional headquarters at Merritt 7 Corporate Park, Norwalk. Hearst has signed a new 11 year lease for 30,251 square feet in building 301 in the six building, 1.4 million square foot office complex.

Margaret Egan, Senior Vice President, Clarion Partners the owners of Merrit 7 said, “this brings their entire Fairfield County workforce to a Class-A workplace environment, allowing Hearst to optimize its operations."

Clarion’s announcement of the lease said, that The deal is he largest lease closed in the central Fairfield County market in the fourth quarter of 2016.”

barbettaHearst is expected to take occupancy on April 1, no fooling.Paul Barbetta, president of the, Hearst Connecticut Media Group, praised the location "the impressive space, convenient location, abundant on and off-site amenities, and attentive ownership and management team, are second to none.”

Merritt 7 will serve as the location for the organization's regional corporate headquarters, senior management and staff, finance, human resources, circulation departments, and additional corporate functions.

Hearst Connecticut Media will keep bureau offices for news reporting and advertising sales in Bridgeport [including printing presses], Danbury, Stamford and Greenwich. Hearst's Fairfield County newspapers include the Connecticut Post, based in Bridgeport; The Advocate, based in Stamford; Greenwich Time, the Norwalk Hour and The News-Times, based in Danbury.

Clarion was represented internally by David Fiore and JoAnn McGrath of Marcus Partners, and the outside CBRE leasing team of Tom Pajolek, Ned Burns, Robert Caruso and Stephen Greenbush. Tom O’Leary and William Montague of Cushman & Wakefield represented Hearst.

With the completion of the Hearst transaction, Merritt 7 is 97% leased.

Major tenants at Merritt 7 include Datto, EMCOR, FactSet Research Systems, Financial Accounting Foundation (FAF), Jarden, IPSOS, Mercer, Millward Brown, Frontier Communications, Aon, Xerox, and Siemens.