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CT budget process collapses amid dissension


The General Assembly's Appropriations Committee failed to adopt a $41 billion budget proposal Tuesday afternoon as Democrats were unable to hold together a paper-thin majority on the panel.

Distillery expansion approved in Ellington

Tim Leininger | Journal Inquirer |

An Ellington distillery received unanimous support from the Planning and Zoning Commission Monday to expand the business into two 2,000-square-foot areas in a warehouse on Industrial Drive off of...

Report: MDC earns 'C-' for spending transparency

Patricia Daddona |

Hartford's Metropolitan District Commission is lagging in its efforts to spend transparently and provide the public with accessible budget data, according to a report from the ConnPirg Education Fund.

Avangrid 1Q profits climb 13%

Patricia Daddona |

New Haven-based Avangrid Inc.'s first-quarter profits rose 13 percent, a result of implementation of new rate plans in New York and Connecticut and higher wind production, the company reported...

Strapped CT eyes securitizing its income tax

Gregory Seay |

Connecticut's treasurer says securitizing part of the state's tax-revenue stream may provide a less costly, near-term solution for replenishing its cash horde amid its fiscal crisis.

State cracks $13M contraband tobacco ring case

Patricia Daddona | 1

A five-month state investigation has led to the arrest of 10 people and seizure of more than $50,000 in cash and $234,000 in contraband tobacco from a Bridgeport tobacco wholesaler, state authorities...

Survey: CT regs, policies biggest export challenge

Patricia Daddona |

The single greatest challenge for Connecticut exporters is government trade policy and regulation, according to 40 percent of participants in a new Connecticut Business and Industry survey.

ShopRite becomes an Aetna preferred provider

Patricia Daddona |

Hartford insurer Aetna has added Keasbey, N.J.-based ShopRite to its national network of preferred pharmacies for Medicare members, the companies said Monday.

Middletown bank launches tuition-free small biz academy

Patricia Daddona |

Liberty Bank is launching a tuition-free small business academy in Middletown to jump-start creation and growth of new small businesses.

CT feds indict 'Kelihos botnet' leader

Gregory Seay |

Connecticut federal investigators are pressing the extradition of a Russian national arrested in Spain April 7 for allegedly running a computer malware network that infected tens of thousands of...

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