Day Pitney launches venture capital law blog

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It surely won’t be as goofy as the “Bob Loblaw Law Blog” portrayed on TV show Arrested Development, but law firm Day Pitney on Monday launched a new online resource for entrepreneurs and investors in the northeast and Mid-Atlantic regions. The firm’s new law blog is called “The Venture Law Desk.” It plans to track […] [Read More]
Edward Lampert is the founder of ESL investments, a hedge fund with offices on Greenwich Avenue, and chairman of Sears Holdings Corp. through his fund's controlling investment in the retail chain's parent company.
Photo: Contributed Photo, ST

Ex-Greenwich hedge funder suffers tough week

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Updated to correct two typos noted by alert reader “William”: Last week wasn’t pretty for one billion-dollar name in Fairfield County hedge funding: Edward S. Lampert. The founder of ESL Investments — who caused a stir last year when he moved his firm’s HQ from Greenwich to Bay Harbour, Fla. — disclosed that for the […] [Read More]

Shelton High grad turned Citigroup CEO garnering praise

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He was brought in, in part, to get Citgroup out from under the regulators’ microscope. He was brought in, perhaps, to be a little boring. Today, former Shelton High football star Michael L. Corbat — whom we profiled this past summer — got some rather unconventional praise in a New York Times piece that ran […] [Read More]

Busy season kicks up for holiday road races…

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Last week, we at the Hearst Connecticut business desk looked into the blooming market for Thanksgiving Road Races, or Turkey Trots, and came up with some interesting finds — for one thing, Thanksgiving is now the most popular road-racing day each year for Americans, with some 840,000 people finishing them across the country in 2012. […] [Read More]
Categories: Economy, General, Main Street

Stamford finance firm offers November profits to veterans fund

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Mischler Financial Group — a California investment bank and institutional brokerage with a Stamford office — is pledging 10 percent of its November profits to Children of Fallen Patriots Foundation, a national outfit that gives college scholarships and school counseling to children of soldiers killed in combat. Mischler, which was founded in 1994, is owned […] [Read More]

How’s Connecticut stack up in energy efficiency?

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If you’re interested in energy efficiency and care about how Connecticut stacks up then you should be looking forward to this afternoon. That’s when the American Council for an Energy-Efficient Economy will announce its 2013 “State Energy Efficiency Scorecard.” The ranking covers all 50 states and Washington D.C., but it will highlight the best 10 […] [Read More]
Categories: Economy, General, Main Street

Banking giant to speak at Westport women’s lunch

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Peyton Patterson, president and CEO of Bankwell Financial Group, will offer the keynote address at next Thursday’s second-annual Working Women’s Luncheon, put on by the Westport-Weston Chamber of Commerce. There are still spots open to register — $65 for chamber members; $75 for “future” members — for the event at The Inn at Longshore, which […] [Read More]

Attention world: Empire State Building getting new lighting

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Yesterday, we here at Financial Mines gave the 4-week update on the Empire State Realty Trust stock — up about 9 percent, to $14.13 or so, since it began trading in early October. Today, we bring news of “a special surprise and gift to New York City and the world,” according to an ESRT release […] [Read More]

Fairfield business incubator hatches today

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Three lucky, aspiring entrepreneurs will be unveiled today in Fairfield’s latest iteration of what’s becoming a statewide trend: the business incubator. Financial Mines is told the three businesses that’ll enjoy the privilege of launching operations at the “Fairfield Accelerator and Mentoring Enterprise,” or FAME, represent three different industries. We at Hearst Connecticut will be on […] [Read More]
Categories: Economy, General, Main Street

Unemployed will take a 19.2 percent paycut

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Unemployment checks for some Connecticut residents will be a little lighter come June, when sequestration takes a bite out of emergency benefits. The State Labor Department said emergency unemployment compensation payments will drop beginning June 16 by 19.2 percent to comply with sequestration. Washington, D.C. politicians concocted a plan where by the bulging federal deficit […] [Read More]