President1 RaviKumarS 1
Infosys, President Ravi Kumar: "Hartford, Insurance Capital of the world."

HARTFORD Infosys (NYSE: INFY), a “global leader” in consulting, technology and next-generation services, today announced it will open its next Technology and Innovation Hub in the city and hire 1,000 American workers in the state by 2022.

The company says The Connecticut Technology and Innovation Hub will have a special focus on insurance, healthcare and manufacturing and bring the company “closer to its Connecticut clients. ” The facility will de designed to serve as the global hub for Infosys' InsurTech and HealthTech efforts. Infosys' said, the “investment in Connecticut is a continuation of the company's commitment to accelerate innovation for American enterprise by amplifying top local talent with the best global talent and shrink the IT skills gap in the marketplace."

The company has reported that Aetna is a significant customer for the company. Just last month CVS CEO Larry Merlo apparently recognized something that Infosys President and COO Ravi Kumar also saw, when announcing that Aetna’s headquarters would stay in Hartford he said, the city was a “center of excellence for insurance.”

blackjackSPRINGFIELD: Mass., While MGM pitches a new casino for Bridgeport just over the the Connecticut border in Massachusetts the company has opened a training facility for casino dealers. Located on the ninth floor of the old State Building in the heart of downtown the “school” overlooks the MGM complex being built.

MGM has promised a similar training facility for Bridgeport and New Haven if it gets a go ahead for a Bridgeport casino.

As casinos pop up across the U.S and the region and job opportunities can be found from Rhode island to a new casino being built on the former Concord Hotel in New York’s Catskills.

Christian Nahas has been appointed President of Edible Brands, and will work from the company's "second" headquarters in Atlanta.

WALLINGFORD: Edible International is opening a second headquarters in Atlanta and has named Christian Nahas as President of Edible Brands, Nahas will work out of Atlanta.

In this newly-created position, Nahas will oversee all commercial operations of what the company says is “the world's largest franchisor of shops offering creatively designed fresh cut fruit arrangements and all-natural, fresh fruit snacks and treats.”

Founder and CEO Tariq Farid of Edible said that the brand's Connecticut headquarters will continue to serve as its home base, while the Atlanta office will provide Edible “with expanded franchise and retail resources. In addition, Atlanta's more central location and access to major transportation hubs makes it an attractive location to base much of the team needed to support the company's next phase of growth into new markets and product categories.”

Illustration by the Publsiher

SUBMITTED From the Law Firm, Carmody, Torrance, Sandak, Hennesey

Legislators in the Connecticut State House and Senate have proposed legislation that will significantly impact sexual harassment cases and sexual harassment training requirements. Although the proposals differ slightly, it is clear that legislators are seeking to expand sexual harassment training, including requiring employers to train non-supervisory employees. One proposal also seeks to extend the limitation and deadline periods for accusers to bring complaints before state courts and the CHRO.

The proposal pending in the Senate is titled "The Time's Up Act." The proposal, which is a clear response to the #MeToo and Time's Up movements, purports to be the "Largest Overhaul in Connecticut History of Sexual Harassment Laws." The Time's Up Act proposes the following changes:

bluebuffWILTON: A Connecticut startup and success story Blue Buffalo Pet Foods [NASDAQ:BUFF] is reportedly being sold to General Mills [NYSE: GIS]to buy pet food maker Blue Buffalo for $8 billion in a cash transaction

Headquartered in Wilton the company founded in 2002 has 1,700 employees primarily in manufacturing in plants in Indiana and Missouri.

The company reported said 4th quarter profit of $53.6 million, 27 cents per share, earnings, adjusted for pretax gains and non-recurring gains, came to 24 cents per share and revenue of $337 million in the period, which also topped Street forecasts.

For the year, the company reported profit of $193.5 million, or 97 cents per share. Revenue was reported as $1.27 billion.

ENFIELD exterior JUNE2014
After $38 million in improvements just three years ago Mass Mutual is leaving its Enfield location and consolidating operations across the border in Springfield.

SPRINGFIELD: MassMutual Insurance is consolidating its operations in Springfield and a new $2500 million facility on Boston’s seaport. The company says the consolidation will result in a total investment in Massachusetts its home corporate location, of $300 million.

The Springfield corporate office will see 1,500 over the next four years to reach more than 4500 jobs there, and 500 at the Boston location.

Newman Own salad dressing 771x515By:  |

Washington – A massive budget agreement that aims to prevent a federal government shutdown at midnight contains a provision that would save Newman’s Own from a thorny tax problem that threatens Paul Newman’s iconic food company.

“This is not a tax break for Newman’s Own. It is simply legislative permission for us to continue to exist, compete, innovate, create jobs, and pay our business taxes like any other company, while at the same time donating 100 percent of our profits to charity,” said Bob Forrester, president and CEO of the Newman’s Own Foundation.