August 11, 2022
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Business
- Great Pond Village, the massive multi-use project in Windsor planned for more than a decade, is advancing to the second stage as builders prepare to erect a 750,000-square-foot warehouse an a network of new roads and utilities.
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The cost to heat homes and businesses in the Northeast went on a tear, rising by 24.1% from July 2021, while jumping 16.6% in the rest of the U.S. - Despite public opposition, Glastonbury planners have given their OK to a builder who wants to put up a 74-unit apartment building in town.
- Ultra-low cost Frontier Airlines launched its nonstop, daily flight to Las Vegas Tuesday from Bradley International Airport.
- The foreclosure, which is in the earliest stages and could still be averted, is an early sign of a shake-out that may come to the city’s downtown office market in the fallout from COVID-19.
- Gov. Lamont announced the state will grant $30 million to more than 1,700 hospitality-sector businesses that suffered losses due to the pandemic.
- The price peaked at $4.98 a gallon in Connecticut on June 14, and has been declining since, according to AAA.
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The city of Hartford has paid millions in fees since 2017 to hire outside lawyers to defend itself against a high-profile lawsuit claiming the city should not have fired the first developers of Hartford's minor league baseball park. - In Grasso’s Garage this week, it’s the 2023 Nissan Z. In its 53 years in the making, the Nissan Z is back and is serious this time.
- The Revolution Wind project of Eversource and Danish energy company Orsted has committed $1 million to support the partnership.
- Hundreds of thousands of People’s United Bank customers in Connecticut will be without online or mobile banking over the Labor Day holiday as systems are merged with M&T Bank.
- “The tribe definitely was intentional about diversifying its economy in industries that can weather different economic downturns and cycles and away from gaming,” said Angelina Casanova, a Mashantucket Pequot Tribal member and chairwoman of the Command Holdings board of directors.
- Attorney General William Tong called the automatically-generated phone calls an “intrusive and obnoxious menace” responsible for $29.8 billion in fraud last year by scamming consumers.
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- Black plastic was removed last year from the list of items acceptable in home recycling bins collected weekly by towns. But few members of the public seem to know it.