Another holiday skipped

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Webster Bank has joined TD Bank in remaining open on Presidents Day. Workers at Webster will get a floating holiday to be used later. It’s a growing trend in the workplace. What’s becoming of our shared national identity as holidays vanish to be replaced with personal, isolated time off? [Read More]
Categories: General

Gov. Malloy expect jobless numbers to stagnate in state

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On Friday, Gov. Dannel P. Malloy lauded a Rell administration project to create a paperless unemployment insurance payment system for saving the state $300,000 a month. “This is absolutely the type of move the state needs to shift towards across all realms of governmental services – doing more with less,” Gov. Malloy said in a […] [Read More]

First Niagara to cut 219 Connecticut jobs

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New York-basedi First Niagara told the State Labor Department it will cut 219 jobs when it completes the acquisition of NewAlliance. Layoffs are expected at NewAlliance’s New Haven and Manchester operations beginning in mid April, First Niagara said. Shareholders of the two banks approved the $1.5 billion deal in December, but Connecticut officials are probing […] [Read More]

New twist on the jobless’ new plastic payments

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About 1,000 people in Connecticut had their unemployment benefits delayed after they signed up to get debit cards issued through a check cashing company. This week, the Labor Department started to only issue unemployment payments through direct deposit to bank accounts or onto debit cards issued by Chase Bank with the approval of the department. […] [Read More]
Categories: General

Super Bowl an economic win?

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I’m not sure what this says, but last week, we pried Super Bowl predictions from aerospace, financial experts and a lone economist. Only the economist, Don Klepper-Smith took Green Bay. Klepper-Smith even gave us the score, GB 30 and Pitt. 24. “I was pretty close!… only 2 points off,” was his delighted reaction to the […] [Read More]
Categories: General

Fewer shots fired from Connecticut for new rifle contract

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The Wall Street Journal has a good piece today, Feb. 03, on the U.S. Army’s hunt for the next rifle. But it got me thinking about the state of gun making here in Connecticut. There was a time when it would have been a lock for a U.S. gun maker, and likely a Connecticut one, […] [Read More]
Categories: General

Super Bowl XLV

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The Super Bowl will be in the Black—and Gold that is according to aerospace analysts and financial advisors. But a lone economist, looking at some of the intangibles, says Green Bay is due. This Sunday, the Packers and Steelers square off in the big game in Dallas. Beer, chicken wings and chili sales should jump […] [Read More]
Categories: General
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