Commercial & Industrial
Yesterday’s release of meeting minutes from the Federal Open Market Committee’s July 25-26 meeting garnered plenty of headlines due to the dialogue between FOMC members suggesting a rate increase in December may not be as certain as some had initially thought. But smaller banks were not left out of the FOMC’s discussion.
While job search site Indeed’s roots in Stamford stretch back to its startup days in 2004, executives had reservations about Fairfield County as a place to grow a tech company in 2017.
Sustainable Innovations LLC recently renewed its lease in East Hartford.
As the United States, Canada and Mexico kick off negotiations on Wednesday to modernize the North American Free Trade Agreement, the biggest uncertainty is whether a deal can pass President Donald Trump’s “America First” test.
Foxwoods announced the next step in the resort’s long-term plan to develop a comprehensive portfolio of tourism options with the opening of the Thrill Tower at Foxwoods. Thrill Tower encompasses two new rides: the Sky Drop and Sky Launch.
An industrial building in Milford will now house a construction company after it sold for $555,000.
A family-owned jeweler recently leased retail space in North Haven.
Gov. Dannel P. Malloy recently met with the leadership of the Connecticut Conference of Municipalities and the Connecticut Council of Small Towns (COST) to discuss the impact that the state budget impasse is having on local communities and to explore areas of common interest where the administration and the organizations could work together.
Research & Design Innovations LLC recently leased 4,000 square feet in North Branford.
Prior to her elevation to managing principal of Cushman & Wakefield’s New England operations in late May, Carolyn Sidor led the firm’s national specialty practice group operations.
Brothers 4 Car Wash in West Haven recently sold for $425,000.
With no state budget in sight and the first day of school just around the corner, local education officials across Connecticut have taken severe steps to cut costs, hoping more draconian efforts won’t be necessary.
School bus transportation company First Student Inc. has renewed its existing lease in Bloomfield.
Owners of the Millstone Nuclear Power Station say they still want more than a study of the facility’s future economic viability to ensure the plant remains open and continues providing more than half of Connecticut’s electricity.
Gov. Dannel P. Malloy has asked his budget director to provide him with detailed information about municipal finances, suggesting he’d support reductions in state aid to cities and towns included in a yet-to-be-reached state budget agreement.
A dance school will move into Milford, leasing 800 square feet.
U.S. employers hired more workers than expected in July and raised their wages – signs of labor market tightness that likely clears the way for the Federal Reserve to announce next month a plan to start shrinking its massive bond portfolio.
The former Stratfield Market building in Fairfield is under new ownership.
The state Senate has approved amended agreements that could lead to Connecticut’s first casino on nontribal land. This follows last week’s approval by the House of Representatives.
Commercial loan growth drove net income at SBT Bancorp, the holding company for the Simsbury Bank & Trust Co., to $568,000 in the second quarter, up more than $200,000 from the second quarter of last year.
Commercial & Industrial Top Block
- Hartford Attorney Charged With Larceny
- Former Bankruptcy Attorney Admits To Stealing Millions From Clients
- Ridgefield Realtor Arrested, Charged With Larceny
- Woman Sentenced For Stealing $1.7M From Employer
- Baystate Financial And New England Financial Group Announce Merger