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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
A bill that would limit the use of noncompete and exclusivity agreements by Connecticut employers was inadvertently held up in committee on Tuesday. House Bill 7196, which was originally raised by the Labor and Public Employees Committee, would apply to any noncompete or exclusivity agreements entered into or amended on or after July 1, 2025.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
Rock Vitale is a Pennsylvania native who grew up in the suburbs of Philadelphia. He went on to earn an international business degree from Champlain College in Burlington, Vermont. After graduation, he moved to California and worked in the energy industry for a company that recycled industrial lithium metal batteries.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
When the Yale Innovation Summit began 11 years ago, its focus was specifically on biotech companies. Hosted by Yale Ventures, the two-day Summit is Yale’s largest entrepreneurship event and one of the largest gatherings of venture capital investors in the Northeast. Three years ago, though, Yale Ventures chose to broaden the Summit’s scope, adding the arts, climate, health and technology to the list of invited innovators and offering programs and panels related to each track.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
A new restaurant offering halal-certified food is set to open this week in New Haven. Yale University Properties said Tuesday that Shah’s Halal Food at The Shops at Yale will celebrate its grand opening on Thursday at 10 a.m. The restaurant is located at 286 York St.Established in Queens, New York, in 2005 with a single food cart serving family recipes, Shah’s Halal has grown to more than 90 restaurant locations.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
As Hartford HealthCare continues efforts to expand its 65-acre flagship hospital campus in the city, it has filed a request with state hospital regulators to temporarily relocate its medical oncology and infusion services. Hartford Hospital filed a request on May 15 seeking a certificate of need (CON) determination from the state Office of Health Strategy (OHS) to move its medical oncology and infusion services from 85 Retreat Ave., to 85 Jefferson St., in Hartford.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
New Haven-based biopharmaceutical company BioXcel Therapeutics Inc. said Tuesday that it has been granted an extension to regain compliance with the Nasdaq Stock Market’s listing rules. BioXcel officials said they received a decision letter from The Nasdaq Stock Market LLC stating that the Nasdaq Hearings Panel has granted the company’s request for an extension until Sept.
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2 weeks ago | 
hartfordbusiness.com | David Krechevsky
For credit unions and banks in the post-pandemic world, the name of the game is differentiation. Financial institutions that want to grow believe the key is to stand out from the competition. That could mean rebranding, or merging with a competitor. Just in the past year: Savings Bank of Danbury rebranded to Ives Bank, honoring the family that founded it in 1849, with bank officials saying the change positions it for future growth in a potentially larger geographic footprint.
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3 weeks ago | 
hartfordbusiness.com | David Krechevsky
A Glastonbury-based real estate investment firm has submitted an application in West Hartford seeking to convert the former Hoffman Summerwood senior housing community at 160 Simsbury Road to non-age-restricted multifamily housing with 108 units. On Tuesday, the West Hartford Town Council acknowledged receipt of the application from Oceanport Realty Capital LLC and OP 160 Simsbury LLC, both of which share the same address, 624 Hebron Ave. in Glastonbury, and same principal owner, Jeremy Browning.
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1 month ago | 
hartfordbusiness.com | David Krechevsky
BioSig Technologies Inc., a Los Angeles-based medical technology company with an office in Westport, announced Monday it has signed a letter of intent to “enter into a proposed merger or other business combination” with Streamex Exchange Corp. in an all-stock transaction. Streamex is a real-world asset (RWA) tokenization company based in Vancouver, British Columbia, Canada.
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1 month ago | 
hartfordbusiness.com | David Krechevsky
An application to develop age-restricted housing on the former Briarwood College campus in Southington was withdrawn last week. PGX Holdings LLC had filed an application in February with the Southington Planning and Zoning Commission seeking to change a zoning district boundary from R-40 to ARCHZ, an age-restricted cluster housing zone. The applicant intended to redevelop the 32.75-acre property at 2279 Mount Vernon Road into an over-55 residential community with 150 units.
