deathstar

THE EMPIRE STRIKES BACK

DEEP taking heat on its proposed changes to solar policy By: JAN ELLEN SPIEGEL CTMIRROR.COM Publishers Note: Our publishing partner ctmiror.com and reporter Jan Ellen Spiegel are demonstrating the value of independent media…
resultstech

Connecticut Venture Group and ResultsJunkies In Fairfield, Hamden and…

Crossroads Venture Group's (CVG) Investor, Entrepreneur & Resource Network will be traversing around CT with Paul Singh's ResultsJunkies North American Tech Tour and its Investor Syndicate! Singh is currently serving as an…
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Vancouver Based Biotech Opening Guilford Office Has Yale Tie-in

Vancouver, British Columbia & Guilford, Bioasis Technologies, Inc . [OTCQB:BIOAF; TSX.V:BTI], a biopharmaceutical company announced that it has traveled more than 3,000 miles from its home base to open a U.S. office on Water…
sema

Biotech Expanding In Connecticut Reveals Brain Cancer Breakthrough

STAMFORD: Sema4, a genomic testing company with operations in Branford and Stamford and Connecticut’s newest expanding biotech company announced what could be a major breakthrough in the treatment of brain cancer. Unlike…
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Population Decline Keeps Connecticut in Low Gear

Link to interactive map> Some towns will win, others lose as CT struggles with low growth By: ANA RADELAT | ctirror.com Washington – While Connecticut’s population growth has slowed to a crawl, there will be shifts in the…
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Booming Biotech Busts on Clinical Trial

By Mitchell Young NEW HAVEN: Connecticut’s newest bio-tech star just ran full force into a brick wall. Biohaven, [NYSE: BHVN] went public in May at $17 raising $168 million in its IPO. Three months later the stock hit $37,…
ventureclash

Nine Foreign Companies selected for Connecticut Innovations Venture Clash…

Nine companies from around the globe compete for $5 million in investments ROCKY HILL: Connecticut Innovations (CI), the state;s quasi public venture capital arm announced the finalists for VentureClash, its $5 million global…
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Tech Council To Host "Scale Up" for Emerging Companies

ScaleUP CT is a half-day event that will focus on supporting the emerging growth companies. November 2 at the Omni Hotel. Scale Up is presented by the CT Technology Council ct.org for more information. There are fees to…

No Nukes? Where's The Juice?

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With No plan for replacing Millstone, what are CT’s options? By: JAN ELLEN SPIEGEL ctmirror.com THE DAY, Millstone nuclear…

Nation’s Second Largest Cable Operator to Build New Headquarters in Connecticut

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STAMFORD: Charter Communications [Nasdaq:CHTR] has announced today [October, 3 2017] plans to build a new 15-story…

Connecticut's Fastest Growing Tech Companies Cited

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HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP announced the winners of the 2017 Marcum Tech Top 40, the…

CT Single-Family Sales Rise By Double Digits In July, Condo Prices Drop

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HARTFORD: Single-family home sales in Connecticut jumped 12.7 percent in July compared to July of 2016, according to the…
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New Haven Biotech Explodes in Value and Chooses Downtown for Headquarters

By Mitchell Young NEW HAVEN: A newly public Bio-tech holding company Biohaven [ NYSE: BHVN] has chosen a high profile former bank building in the city’s Central Business District for its new headquarters. The moves comes as…
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Alexion: Blame It On Brazil or Kanuma -The Stock Dives, And The Movers Get…

Alexion's New CEO Ludwig Hantson is making major executive changes By Mitchell Young New Haven: In spite of unexpected sales and earnings growth announced by Alexion Pharmaceuticals [Nasdaq: ALXN] just weeks ago, the…
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With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s decision to hire attorney Marc Kasowitz to serve as his private lawyer during…
GNHCC TONY RESCIGNO

Rescigno to Retire from Greater New Haven Chamber of Commerce

CHAMBER RELEASE New Haven, CT (May 22, 2017) – After 17 years of service as the President of the Greater New Haven Chamber of Commerce (GNHCC), Anthony Rescigno announced today his plans to retire on December 31, 2017. A…

Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis

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Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate…

Senate GOP Not Ready To Share CT Budget Fix With The Public

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By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state…

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

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By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and…

Auto Dealers Cite Tesla Cheating Report, To Stop Exemption Bill

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Dealers Are Charging Up to Challenge Tesla - with Cars Too The DMV report says Tesla's Greenwich showroom violated…

Casino Revenues Stable, Foxwoods Weak, Mohegan Up

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Mashantucket, Uncasville: Connecticut’s casinos have reported mixed results for April. Foxwoods reported slot revenue of…

After Layoffs, Investigation, New CEOs - Alexion Reports Results

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By Mitchell Young New Haven: Worry warts that reacted to Alexion Pharmaceuticals, Inc.’s [Nasdaq: ALXN] announcement that it…

Health

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Connecticut Chambers of Commerce Respond To Health Care Premium Increases

HARTFORD: Connecticut Chamber of Commerce executives and their health insurance marketing partner the Chamber Insurance Trust announced they are…
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Health Exchange CEO Says Insurers May Drop Out for 2018

On August 2nd Jim Wadleigh CEO of Access Health, Connecticut’s ACA [Obamcare] health exchange. Said that concerns that the Trump Administration might…

Even With Obamacare’s Survival, A Shakeup In CT Healthcare System Threatens

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By, Ana Radelat ctmirror.com WASHINGTON:– Even though the U.S. Senate failed to repeal the Affordable Care Act, there will potentially be changes to…

CT Health Exchange Scaling Back Retail Outreach

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Access Health CT CEO, James Wadleigh Dropping Retail Locations in New Haven and New Britain Kyle Constable ctmirror.org HARTFORD: Facing a shortened…

Health Insurers Seek Double-Digit Rate Increases

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By: Kyle Constable ctmirror.org Connecticare actuary Kelsey, tries to lay out the numbers behind the company's proposed rate increases. Hartford: Two…

Starling Roosts In New Nest East of The River

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Glastonbury: A leading physician owned multispecialty medical practice Starling Physicians hasexpanded east of the river at 289 Western Boulevard.…

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

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By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies…

Connecticut Health Plans Not Happy With Trump ACA Overhaul

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Insurers: Trump hasn’t committed to payments that would keep them in ACA exchanges By Ana Radelat ctmirror.com Washington: Despite reports to the…

St. Vincent's Hospital Says No Sale Imminent

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BRIDGEPORT: In meetings in late February [see report] hospital executives told employees that it was considering a potential sale or merger in the…

What The GOP Obamacare Replacement Bill Means For You And CT

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By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a…

Hartford Insurance Execs Looking For A Friend In Washington

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By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month under the weight of lawsuits…

CT Hospitals Launch TV Ad To Protest New Tax Proposal

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By: Keith M. Pahneuf, ctmirror.com Connecticut’s hospital industry launched a new television ad Thursday to protest Gov. Dannel P. Malloy’s proposal…

Technology

resultstech

Connecticut Venture Group and ResultsJunkies In Fairfield, Hamden and…

Crossroads Venture Group's (CVG) Investor, Entrepreneur & Resource Network will be traversing around CT with Paul Singh's ResultsJunkies North…
ventureclash

Nine Foreign Companies selected for Connecticut Innovations Venture Clash…

Nine companies from around the globe compete for $5 million in investments ROCKY HILL: Connecticut Innovations (CI), the state;s quasi public venture…

Tech Council To Host "Scale Up" for Emerging Companies

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ScaleUP CT is a half-day event that will focus on supporting the emerging growth companies. November 2 at the Omni Hotel. Scale Up is presented by…

Connecticut's Fastest Growing Tech Companies Cited

TechTransfer
HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP announced the winners of the 2017 Marcum Tech Top 40, the tenth annual awards…

Facebook Building Out New England Operations

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Cambridge, Mass. Facebook which was started in Cambridge by Mark Zuckerberg a then student at Harvard has had only a minor prescence in New England’s…

Connecticut's Top Forty Fastest Growing Tech Cos Announced

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HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2017 Marcum Tech Top 40, an annual recognition of the fastest…

Long Island Giving an Energy Boost to Connecticut Fuel Cell Company

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By MItchell Young DANBURY: Fuel Cell Energy [Nasdaq: FCEL] may finally be lifting its head off mat as its receives one of the largest fuel cell…

West Hartford Med Tech Company Raises $1.9 Million

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WEST HARTFORD: ReadyDock develops tablet docking stations for tablet PCs used in the medical and laboratory, food, clean facilities, and education…

Crowdfunding & Cause-Related Marketing Seminar In Fairfield

Thursday, June 22, 2017 from 7:00 PM to 8:30 PM EDT Fairfield Library 1080 Old Post Rd. Fairfield Crowdfunding & Cause-Related Marketing "The New…

Fuel Cell Picks Up Some Financial Energy

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Danbury: FuelCell Energy Inc. [Nasdaq: FCEL] stock went on a world wind trip this week losing 10% of it value on a single day May 2. The stock closed…

Real Estate & Construction

Guilford Savings Underwrites $10 Million Plus Loan for Shopping Center

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EAST LYME: Guilford Savings Bank recently completed financing for the 60,000 square foot Flanders Plaza Shopping Center adjacent to I-95 in East…

Nation’s Second Largest Cable Operator to Build New Headquarters in…

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STAMFORD: Charter Communications [Nasdaq:CHTR] has announced today [October, 3 2017] plans to build a new 15-story headquarters in Connecticut and…

The Connecticut Green Building Council Receiving Submissions For Green…

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New Haven: The Connecticut Green Building Council (CTGBC) is now receiving entry submissions for the 2017 CT Green Building Awards. Each year, CTGBC…

Shelton Engineering Firm Acquired By Global company

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SHELTON: Leggette, Brashears and Graham, Inc. [LBG], an environmental engineering services firm headquartered in town and with 17 regional offices…

Suffield Economic Development Commission To Host Annual Familiarization…

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By Patrick McMahon Suffield: Every community has assets to market from an economic development perspective, and Suffield is no different. We have…

Shelton Industrial Campus Sells for $26.25 Million

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SHELTON: 710 Bridgeport Avenue LLC, controlled by RNY Property Trust, was sold for $26.25 million, to Sun Equity Partners, LLC. , Jeffrey Dunne and…

Stamford Office Tower Sells Just Shy of $100 Million

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STAMFORD: Stamford Towers two adjacent class A office building have sold for $97 million. The buildings were last sold in1998 for $61.3 million to…

CT Single-Family Sales Rise By Double Digits In July, Condo Prices Drop

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HARTFORD: Single-family home sales in Connecticut jumped 12.7 percent in July compared to July of 2016, according to the latest report from The…

New Haven Biotech Explodes in Value and Chooses Downtown for Headquarters

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By Mitchell Young NEW HAVEN: A newly public Bio-tech holding company Biohaven [ NYSE: BHVN] has chosen a high profile former bank building in the…

Realtor Adds 746 Chapel Street to Property Management Business

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WOODBRIDGE: Levey Miller Maretz announced they have expanded its property management business, ading 746 Chapel Street,a mixed use ofice and retail…

Government

CT: Tax and Fees On The Near Horizon, $600-$800 Billion

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Budget Debate: It’s Not How Much, But What Kind Of Revenue To Raise By, Keith M. Phaneuf ctmirror.com HARTFORD: For months Gov. Dannel P. Malloy has…

Sales Tax Hike Seems An ‘Inevitability,’ But Questions Remain

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By, Keith M. Phaneuf and Mark Pazniokas ctmirror.com Connecticut’s top state senator said Wednesday he believes moderate Democrats are “growing…

Town Economic Developer Shares Vision and Cites "Wins"

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Tim Ryan Economic Development Specialist, Wallingford EDC. By Tim Ryan Economic Development Specialist, Wallingford EDC. WALLINGFORD: Let’s be real.…

Cities Part Ways With Dems On New Sales Taxes

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Connecticut Conference of Municipalities Executive Director Joe DeLong [Photo: KEITH M. PHANEUF] By Keith M. Phaneuf Ctmirror.org NEW HAVEN: One of…

State Employees Ratify Concessions By Wide Margin

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Union representatives at a press conference announcing the ratification of a concessions agreement with the state. Photo: Mark Pazniokas ctmirror.org…

Higher Sales Tax On Dems Picnic Table

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House Speaker Joe Aresimowicz, left, and House Majority Leader Matt Ritter keeping sales tax increase on the table. Sales Tax Hike Remains In Play As…

Getting it Wrong On Alexion. We Have Met The Enemy, And It Is You

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By Mitchell Young Former Democratic Governor Ella Grasso famously made a home cooked meal for Miles Laboratories, [Bayer Pharmaceuticals] executives…

With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

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By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s…

$9-an-hour baseline would be second-highest in nation

 

 

HARTFORD — Minimum wage workers in Connecticut could be getting a bigger weekly paycheck starting this summer if State Rep. Christopher G. Donovan (D-84) of Meriden gets his way.

 

The House Speaker is proposing a 75-cent increase to the state’s minimum wage, from the current $8.25 to $9 per hour, starting July 1. He plans to propose the legislation during the next legislative session, which commences February 8 and runs through May 9.

 

His proposal would call for the wage to be raised to $9.75 next year, and indexed each subsequent year, which would automatically adjust the wage annually to keep up with rising costs of living.

 

“More families than ever are relying on low-wage and minimum-wage jobs to make ends meet,” Donovan says. “That leaves them struggling. While most job losses in the recession hit higher-wage sectors like construction, manufacturing and finance hard, much of the new job growth has been concentrated disproportionately in low-wage industries.”

 

He says an higher minimum wage will lead to increased consumer spending, which will foster job growth at local businesses, and thereby stimulate the economy.

 

The representative is getting support from colleagues such as Bridgeport State Rep. Ezequiel Santiago (D-130), vice-chair of the Labor Committee; and State Rep. Bruce Zalaski (D-81) of Southington, House chair of the Labor Committee.

 

Some are critical of the proposal in that the higher wages could keep businesses from hiring more employees, especially young and entry-level workers. Gov. Dannel P. Malloy has done little more than acknowledge Donovan’s proposal without commenting for or against it.

Andrew Markowski, state director of the National Federation of Independent Business, called the proposal a “bad idea wrapped in a good intention.

 

“Small businesses that pay the minimum wage do so because they can’t afford to pay more,” Markowski says. “They’re already on the edge and this proposal will push them over.”

 

The state of Connecticut last raised its minimum wage in January 2010 from $8 to $8.25 per hour.

 

The state’s $8.25 wage is higher than the federal minimum of $7.25, and is one of the highest in the nation. Washington is highest, at $9.04 per hour, followed by Oregon ($8.80), and Vermont ($8.46), according to the most recent numbers from the U.S. Department of Labor.