Monthly Archive for February, 2013

: February, 2013

Boeing Sikorsky unveil helicopter of the future

Boeing and Sikorsky said Thursday they have the U.S. Military’s helicopter of the future. The aviation giants have teamed up to pursue the Army’s Joint Multi-Role contract and will offer up a new
Categories: Defense, Sikorsky
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After 4 years of frugality, Americans whip out credit cards

The Federal Reserve Bank of New York said consumers ended 16 quarters of deleveraging in the fourth quarter as outstanding household debt in America climbed to $11.34 trillion. The NYFED said mortgage

Ridgefield-based hedge fund executives indicted

David B. Fein, United States Attorney for the District of Connecticut, and Kimberly K. Mertz, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, announced
Categories: Fraud, Hedge Funds

Bankruptcy bid leaves 285 CT media pros in limbo

A bid to buy the New Haven Register’s parent company Journal Register Co., which is in bankruptcy, is still pending in federal court, but JRC has told the state it expects the deal to close in April
Categories: Labor

CT office workers got more pink slips in fourth quarter 2012

The job market for office workers remained a rough one in 2012 as the sector continued to lead Southwest Connecticut for job losses, according to the Labor Department’s quarterly survey. The

U.S. Army Chief of Staff plans to push out Black Hawk deliveries

Defense News is reporting today that U.S. Army Chief of Staff Gen. Ray Odierno has signed a plan to deal with sequestration that would include extending the Black Hawk fleet modernization program by

Park City won’t be flushed away in April

Good news Bridgeport, come April, there’s a solid chance someone will be running the sewage treatment plants. Mayor Bill Finch’s office said this week the Water Pollution Control Authority has a

Black Hawk provides Sikorsky cover against sequestration

With concerns over sequestration hanging over his Sikorsky Aircraft, Pratt & Whitney and UTC Aerospace systems subsidiaries, Louis Chenevert, chief executive officer and chairman of United

AG says banks have erased $345 million in Conn. mortgage debt

Connecticut Attorney General George Jepsen said 5,050 distressed homeowners on average saw their debt reduced by $68,500 as part of a national settlement with five of the nation’s largest banks. The

Northeast homes stay vacant the longest

The U.S. Census Bureau reported Wednesday the median number of months a vacant home stays empty in the Northeast was 3.8 months, the highest in the nation. The Midwest was a close second, with homes