Park City won’t be flushed away in April

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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 winning bidder for the city’s two sewage plants, but is still doing due diligence on the award. The city says the winner is Severn […] [Read More]

Black Hawk provides Sikorsky cover against sequestration

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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 Technologies, said the company is prepared for a 10 cent hit to earnings per share in a worst case scenario. Chenevert, speaking at the Barclays Conference, was in step […] [Read More]

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

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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 AG reported the latest results from an independent national settlement monitor which has been providing quarterly updates on the $25 billion settlement since March […] [Read More]