Bernanke

Ben Bernanke can’t get a mortgage

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  By Kathleen Pender How hard is it to get a mortgage? Even former Federal Reserve Chairman Ben Bernanke is having trouble. At a conference in Chicago Thursday, Bernanke told moderator Mark Zandi, “I recently tried to refinance my mortgage and I was unsuccessful in doing so,” according to Bloomberg. When the audience laughed, he said, “I’m […] [Read More]
Categories: General

Bridgewater will not move to Stamford, hedge fund confirms

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Bridgewater Associates, the world’s largest hedge fund, will not make a move from Westport to Stamford. A spokesperson for the company, headed by Ray Dalio, issued the following statement: “After careful examination and reflection surrounding the challenges, time, energy, and resources needed to bring the proposed Stamford project to completion, we have decided not to […] [Read More]
Categories: General

EAO hosts open house at new Shelton facility

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EAO, which recently moved its North American headquarters and manufacturing operations from Milford to Shelton, will host an open house Thursday from 4:30 to 6:30 p.m., at its new facility at 1 Parrott Drive. The move more than doubles EAO’s engineering and manufacturing capacity. It was made possible through the state’s Small Business Express Program. […] [Read More]
Categories: General

Stamford Hospital’s Bennett Cancer Center garners award

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Stamford Hospital’s Bennett Cancer Center has been named a recipient of the 2013 Outstanding Achievement Award presented by the Commission on Cancer of the American College of Surgeons. Stamford Hospital is the only hospital in the state and one of only four hospitals in New England to receive the award this year, according to a press […] [Read More]
Categories: General

Skills gap, workforce demand top concerns of state’s manufacturers

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A growing skills gap threatens growth prospects and the competitiveness of Connecticut’s manufacturing sector, according to a new survey published by the Connecticut Business & Industry Association, the Connecticut Community Colleges’ College of Technology’s Regional Center for Next Generation Manufacturing, and UIL Holdings. The 2014 Survey of Connecticut Manufacturing Workforce Needs shows widespread concerns with […] [Read More]
Categories: General

Social media mistakes Millennials make

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With the national youth unemployment rate above 15 percent, it seems as though Millennials are struggling to lock in full-time employment. The sluggish economy is partly the blame. Misusing social media accounts is also seriously hurting Millennials. The social media diet Last week, the Chronicle reported on Kim Lehmkuhl who quit from her Pleasant Hill city clerk job […] [Read More]
Categories: General

RBS to cut hundreds of jobs in U.S., according to reports

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RBS will eliminate hundreds of jobs in its U.S. trading divisions as the company braces for regulatory changes that will result in more oversight from the Federal Reserve, according to separate stories that appeared online Tuesday in the Wall Street Journal and Financial Times. Both the Wall Street Journal and Financial Times cited people familiar […] [Read More]
Categories: Banking, General, RBS, Stamford
Beth Cutler

Old Greenwich wealth advisors promoted

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Beth F. Cutler, a Greenwich resident, was recently promoted to senior vice president, investor officer, at the Cutler and Andrews Financial Group of Wells Fargo Advisors, which is located in Old Greenwich. Before joining Wells Faro, Cutler was vice president of investments at UBS Financial Services in Greenwich from 2003 to 2008. Before that, she […] [Read More]
Categories: General

Starwood signs expanded longterm lease with BLT

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Starwood Hotels & Resorts has signed a new lease with Building and Land Technology for the hotel giant’s expanded global headquarters at One StarPoint in Harbor Point. BLT CEO Carl Kuehner made the announcement today along with Kenneth Siegel, chief administrative officer and general counsel of Starwood. The new 430,000-square-foot, 20-year lease affirms Starwood’s presence […] [Read More]
Categories: General

CFTC wins $108 million judgement against ‘phantom’ gold dealer

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Remember a year back or so, the CFTC brought allegations of fraud against Las Vegas-based Hunter Wise for selling gold the government agency said it didn’t have. Hunter Wise steadfastly defended itself in court, even filing a suit of its own questioning CFTC jurisdiction. This week, a federal judge in Florida ruled in favor of […] [Read More]
Categories: General