Construction employment in Connecticut’s three largest metro areas is on the rise again after the coronavirus pandemic disrupted the typical flow of projects.
The total number of housing units permitted in Connecticut in June dropped sharply last month despite a modest increase in the number of single-family homes OK’d.
With most bank stocks trading much lower than pre-pandemic levels, Berkshire Bank announced in its second-quarter earnings statement that it had written off all goodwill on its books resulting from previous acquisitions.
Dr. Anthony Fauci, the nation’s top infectious disease expert, said Monday that Connecticut is currently “in a good place.”
Lakeville-based Salisbury Bank had second quarter earnings on par with the same period last year despite a $1.8 million loan loss provision.
Lord & Taylor, America’s oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.
Essex Savings Bank has promoted five employees.
Dunkin’ Brands Inc. expects to close up to 800 underperforming U.S. stores this year as it tries to shore up its portfolio in the wake of the coronavirus pandemic.