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Government & Politics

Auditors want legislature to nix bid exemption

The state Auditors of Public Accounts said in a report Friday that the legislature should eliminate an exemption that it says in many instances has allowed state agencies to effectively skirt bidding...
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Banking & Finance

Loans inflate Simsbury Bank parent's 4Q net

Strong loan growth drove higher the fourth-quarter profits for the holding-company parent of Simsbury Bank & Trust Co.
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Government & Politics

DECD deputy to jump to OPM

Kip Bergstrom, deputy commissioner of the Department of Economic & Community Development, will soon depart the position he has held since 2011 in favor of a position at the Office of Policy...
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Advertising Media & Marketing

Back9Network searching for capital partner, possible buyer; Bosworth fires back

Hartford's Back9Network is trying to raise a “significant” amount of capital to keep its doors open and if a deal is reached it could mean a change in the company's ownership, a source...
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Technology

Alexion's Bell relinquishes CEO role

Cheshire's Alexion Pharmaceuticals Inc. has named Chief Operating Officer David L. Hallal as CEO, marking the drug maker's second major shakeup since the October death of its chairman, Max Link.