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SJW victorious in $1.1B CT Water acquisition battle

After a contentious, months-long battle among corporate suitors, Connecticut Water Service shareholders on Friday overwhelmingly approved a $1.1 billion stock purchase deal with California’s...
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Government & Politics

Study: CT tolls could generate $1B annually

Connecticut transportation officials unveiled a new tolling study Thursday projecting a $372 million installation project that would eventually generate over $1 billion a year in new state revenues.
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Economy & Labor

Danone to cut 129 workers in Naugatuck closure

Global food company Danone, which plans to close its Naugatuck operations, is slated to lay off all 129 employees between March and July, according to a Department of Labor filing.
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Government & Politics

DOL: CT’s Oct. jobless rate flat at 4.2%

Connecticut’s unemployment rate remained flat in October at 4.2 percent despite the state gaining jobs, the state labor department reported Thursday.
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CT casino revenues continue to fall

Connecticut's tribal casino operators each reported a drop in revenue and wagers in October for the fourth consecutive month amid competition from MGM's new Springfield gaming facility.