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GOP lawmakers press for job assurances in bioscience deal

Republican legislators grilled Gov. Dannel P. Malloy’s staff and a top executive from Jackson Laboratory on Thursday, pressing for assurances that a planned $1.1 billion genetics research center will create the 7,400 jobs administration officials are anticipating. Republicans, who control a minority of seats in the House and Senate, specifically questioned growth projections tied to […]

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Small businesses vent frustrations at House GOP forum

Portland baker Frank Cavaliere offered the least complicated solution to date for fixing Connecticut’s economy during Wednesday’s state legislative forum. “If you really want to help–stop helping,” Cavaliere said. “Every time you pass a piece of legislation, you cost us money.” The 58-year-old small business owner, who was the lead speaker at a two-hour forum […]

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Auditors: Agencies rushed to spend rather than return funds

Two major state agencies–including the governor’s budget office–shuffled millions of dollars into projects that wouldn’t begin for another 6 to 18 months to avoid having to return the money to the state’s coffers, according to recent audits covering parts of former Gov. M. Jodi Rell’s administration. The Department of Transportation released half of its $2.8 […]

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Healthcare advocate reports $2.9 million in consumer savings last quarter

State Healthcare Advocate Victoria Veltri announced Wednesday that her office generated $2.9 million in savings for Connecticut residents during the third quarter of 2011. The figure represents the cost of health care services that would have been paid by consumers without intervention from the agency, which helps state residents with managed care insurance issues. The […]

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Malloy hears tales of other states’ tax cuts

Gov. Dannel P. Malloy heard plenty of strategies he has already implemented or endorsed as he met Monday morning with governors and other officials from northeastern states at an economic forum. But amid other states’ stories of increased business loans, expanded roles for colleges and universities and new financial incentives for high-technology firms came another […]

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Health insurance exchange board searching for CEO, quickly

Wanted: Educated, experienced senior-level manager to develop and run a key piece of health care reform. Must pass muster with the governor and, preferably, be willing to start work early next year. Those are the basic qualifications to become the first chief executive officer of the state’s health insurance exchange, a marketplace for individuals and […]

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Malloy easily surpasses goal for state worker retirements

More than 2,600 state workers elected to retire from state service between January and Oct. 1, more than two-and-a-half times the number of retirements recorded last year at this time, Gov. Dannel P. Malloy’s budget office announced Tuesday. The Office of Policy and Management reported, 2,628 retirements, well beyond the level originally projected by the […]

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The five cancers most likely to push you over the financial edge

Cancer often takes a heavy toll not only on people’s bodies but on their finances as well. And just as some types of cancer are more deadly than others, some types cause more financial pain, as recent research from Seattle’s Fred Hutchinson Cancer Research Center shows. When researchers examined bankruptcy rates in Washington state and compared them […]

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