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Pesticide contamination of well water could be widespread in Connecticut

State and Stamford health officials are urging residents with private wells to get their water tested for pesticides and other possible contaminants. A study of 628 private wells by the Stamford Health Department found that 195 had some amount of the pesticides Chlordane or Dieldrin. More than half of those 195 had concentrations that put […]

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Attempt to increase hedge fund tax shakes Connecticut industry

Washington — Raising taxes on hedge fund managers, an idea that has plenty of popular support but has failed to gain traction, is under scrutiny in Washington again. President Obama last week proposed ending the current tax treatment given to hedge fund managers, whose income is considered “carried interest” and taxed at the capital gains […]

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A push for transit-oriented development, but in what direction?

Transit oriented development — a generation-old concept in which municipal and economic growth are linked to mass transit — is a current darling among many Connecticut constituencies. Called T-O-D to those in the know, it’s championed by environmentalists for its carbon footprint-shrinking possibilities; economic and business interests for its work force-friendly components; transit advocates for […]

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Survey: barely half of Fairfield County businesses profitable

As Gov. Dannel P. Malloy and legislators prepared for next week’s special session on jobs and the economy, the Connecticut Business & Industry Association released a survey Monday estimating that barely half of businesses in Fairfield County expect to turn a profit this year. “It’s certainly the single strongest county in the state,” said Peter Gioia, […]

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Malloy, Christie at the same hedge fund conference in Greenwich

Gov. Dannel P. Malloy and his favorite New Jersey governor, Chris Christie, are both keynote speakers at the annual conference of the Connecticut Hedge Fund Association, the Global Alpha Forum in Greenwich. Alas, they speaking on different days. Malloy is speaking Thursday, while Christie is coming Friday. The two governors have sparred on national television […]

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Report: Most state communities are off-limits to middle-income families

Families earning the state’s median income can’t afford a median-priced home in two-thirds of Connecticut’s cities and towns, according to a report released today by the Partnership for Strong Communities. Although the number of communities deemed “unaffordable”–112 of 169–remained the same from 2009 to 2010, that fact conceals a negative trend: While median home sales […]

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Greenwich tells Malloy it already pays too much of Connecticut’s tab

GREENWICH–Connecticut’s wealthiest community wanted to talk about taxes with Gov. Dannel P. Malloy Monday–specifically, its conviction that it already pays too much, and that his budget unfairly asks for even more. Whether it involved taxes on personal income, estates, hospital revenues, luxury purchases or regular retail sales, the message was clear: no more–and cut them […]

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Fairfield’s first selectman appointed to special revenue post

Gov. Dannel P. Malloy announced today he has appointed Fairfield First Selectman Kenneth Flatto as executive director of the Division of Special Revenue, the agency that oversees legalized gambling, including the lottery and the Foxwoods and Mohegan Sun casinos “Ken will bring his 30 years of experience as a financial and accounting manager to this […]

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