Hartford Business Journal

Hartford Business Journal focuses on bringing valuable business insights to our community. As a BUSINESS INFORMATION COMPANY, we foster an engaged audience and provide crucial intelligence to help businesses thrive. We collaborate with companies to enhance their brand visibility and create thought leadership opportunities. Our services reach OUR AUDIENCE through PRINT, ONLINE platforms, and IN-PERSON events. We are a reliable partner for establishing meaningful business connections.

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Transformative CT early childhood education bill gets full passage

4 days ago | hartfordbusiness.com | Laura Tillman

The Connecticut House of Representatives passed a priority bill on Saturday that promises to transform early childhood care and education for generations of families. Senate Bill 1, which also includes supports for special education, would create a new endowment for early childhood education that would draw up to $300 million from surplus funds each year.
Lawmakers approve $50M state fund to support vacant commercial property conversions; billions more for other economic dev. efforts

5 days ago | hartfordbusiness.com | Greg Bordonaro

State lawmakers on Wednesday approved a plan to spend $50 million over the coming two years to help finance the conversion of empty commercial buildings into new uses. The Greyfield Revitalization program was part of Gov. Ned Lamont’s original capital budget proposal unveiled in February. The capital budget is separate from the two-year, $55.8 billion General Fund budget that the House and Senate approved this week.
In CT, engineers shape key part of Otis’ future business - modernizing the world’s aging elevators, escalators

5 days ago | hartfordbusiness.com | Harriet Jones

RELATED: Otis lists 188,000-sq.-ft. Bloomfield customer service, light manufacturing center for sale More Information In the lobby of Otis Worldwide’s elevator test tower in Bristol sits a vintage machine, in front of a huge aerial photo of the Empire State Building. This hulking green piece of metal is the drive for the original elevator inside the iconic building’s mast — installed by Otis in 1931. It was removed in a renovation project finished in 2021.
As CT legislature enters final stretch, Lamont makes a surprise visit

5 days ago | hartfordbusiness.com | Mark Pazniokas

With final passage Saturday of a major early childhood education bill, legislators will return Monday to begin their three-day push to Wednesday night’s adjournment deadline with a limited to-do list topped by adopting a biennial budget and voting on a bipartisan energy deal. Gov.
Can CT land a professional women’s baseball team? One local marketing, e-commerce exec thinks so

5 days ago | hartfordbusiness.com | Harriet Jones

Women’s sports is having a moment — as the Husky-crazed residents of Connecticut know better than anyone else. Last year was record-breaking for women’s teams across all professional sports, as they generated $1.88 billion in revenue, according to Deloitte. The global CPA firm’s recent report projects women’s sports will top that in 2025, generating a forecasted $2.35 billion. It’s in this promising landscape that an entirely new league is getting in on the action.
A delicate dance: Maneuvering around CT’s budget cap

5 days ago | hartfordbusiness.com | Keith Phaneuf

As legislators and Gov. Ned Lamont scrambled last week to craft a new budget before Wednesday’s deadline, they groped for the latest in a string of maneuvers around a spending cap already strained to its limit.
For public companies, including in CT, virtual annual meetings remain a mainstay post-pandemic; Here’s why

5 days ago | hartfordbusiness.com | Harriet Jones

Travelers Cos. and The Hartford both held their annual meetings on the same day last month, and both were attended by climate protests, as they have been consistently in recent years. But there was a key difference. While Travelers welcomed shareholders in person at Hartford’s Marriott Downtown on Columbus Boulevard, The Hartford’s shareholders convened entirely virtually, welcomed to an online meeting after entering a 16-digit control number found on their proxy card.
CT lawmakers scrap child tax credit for middle class - again

5 days ago | hartfordbusiness.com | Keith Phaneuf

The next state budget will include a new, $200 state income tax break for Connecticut’s working poor with children or other dependents. But a larger, child tax credit for middle-class families will have to wait at least another year, according to the compromise reached Saturday between Gov. Ned Lamont and leaders of the legislature’s Democratic majority.
Breeze Airways to debut new route at Bradley International Airport

5 days ago | hartfordbusiness.com | Greg Bordonaro

Breeze Airways on Friday will debut its latest new route from Bradley International Airport to Piedmont Triad International Airport in Greensboro/Winston-Salem, North Carolina. The first flight will depart this evening and operate twice a week on Mondays and Fridays. “We are proud of our partnership with Breeze Airways as it marks its fourth anniversary at Bradley International Airport,” said Michael W. Shea, executive director of the Connecticut Airport Authority.
CT approves unemployment benefits for strikers; veto expected

5 days ago | hartfordbusiness.com | Mark Pazniokas

A bill that would add Connecticut to the short list of states providing jobless benefits to strikers won final passage Friday, an organized labor victory muted by Gov. Ned Lamont’s promised veto. The unusual decision by House Speaker Matt Ritter, D-Hartford, to allot scarce time for a bill opposed by the governor reflects the influence of organized labor and desires of the House Democratic majority caucus to be recorded on the issue.