Industry News

Woman Sentenced For Stealing $1.7M From Employer

A Wethersfield woman was recently sentenced by U.S. District Judge Jeffrey A. Meyer in New Haven to two years in prison for stealing $1.7 million from her former employer, a Connecticut-based computer software company.

Freddie Mac: Housing Market On Record-Setting Pace

Despite some recent bumps, the U.S. housing market remains on track to exceed last year’s best-in-a-decade levels for housing starts and home sales, according to a Freddie Mac June outlook report released last week.

Kushner’s Real Estate Firm Received $285M Deutsche Bank Loan Before Election Day

One month before Election Day, Jared Kushner’s real estate company finalized a $285 million loan as part of a refinancing package for its property near Times Square in Manhattan. The loan came at a critical moment. Kushner was playing a key role in the presidential campaign of his father-in-law, Donald Trump. The lender, Deutsche...
FCB Adds Veteran Corporator To BOD

FCB Adds Veteran Corporator To BOD

First County Bank announced that Juanita T. James, president and CEO of Fairfield County’s Community Foundation, has been named to First County Bank’s board of directors. James was officially appointed to the board on June 21.

New Program To Help Prepare Convicts For Constructive Post-Prison Life

Gov. Dannel P. Malloy today announced that a new partnership between the Connecticut Department of Labor (CTDOL) and the Department of Correction (DOC) will create a new 10-hour construction safety and health training class to persons in DOC custody who are nearing the end of their sentences and preparing to seek employment.

Fraud Charges Haunt Barclays As Rivals Move On

Barclays is facing 21 regulatory investigations and civil actions mainly in the United States and Britain, its 2016 annual report showed. These include major probes by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).