Category: Business

Connecticut AG Tong urges rejection of Frontier buyout

Hartford, CT – Attorney General William Tong today urged the Public Utilities Regulatory Authority to deny a change of ownership sought by Frontier Communications. In a brief filed today, Attorney General Tong raised concerns regarding the lack of transparency around the new ownership, and a complete lack of commitment to date to Connecticut’s consumers and…

Attorney General Ton announces $113 million settlement with Apple over iPhone throttling

Hartford, CT – Attorney General William Tong joined a coalition of over 30 other attorneys general announcing a $113 million settlement with Apple, Inc. over iPhone throttling that the company engaged in in 2016 to address unexpected shutdowns in certain devices. Under the settlement, Apple will pay $1.8 million to Connecticut. “Apple failed Consumer Protection…

Connecticut Department of Labor updates on unemployment applications, trust fund numbers, and American Job Centers

WETHERSFIELD, CT – Connecticut Department of Labor (CTDOL) Commissioner Kurt Westby today released updates on unemployment applications numbers, the unemployment Trust Fund, and the status of the state’s American Job Centers. Commissioner Westby said, “The Consumer Contact Center has greatly improved how customers access unemployment assistance—last week, customer representatives handled more than 23,000 cases. I’m…

Lamont allocates $15 million from coronavirus relief fund toward innovative workforce programs Connecticut workers to in-demand jobs

HARTFORD, CT – Governor Ned Lamont on Friday announced that he is allocating $15 million from the state’s Coronavirus Relief Fund, which utilizes federal CARES Act money, to fund innovative workforce programs that will provide job training to more than 1,000 displaced workers in the state and connect them to high-growth, in-demand jobs. “This pandemic…

Bridgeport Mayor Ganim, SMBE Director Gee Remind Local Business Owners of Emergency Relief Funds Currently Available

Bridgeport, CT – Mayor Ganim, Small & Minority Business Enterprise Director Fred Gee remind local business owners that there are still resources available to provide emergency relief to businesses impacted by COVID-19; such as Emergency Injury Disaster Loans. Emergency Injury Disaster Loans (EIDL) of up to $150,000 are available to business owners via the Small…

Norwalk Receives AAA Ratings

“Triple A” bond rating awarded with stable financial outlook despite global COVID-19 pandemic Norwalk, CT – Norwalk Mayor Harry Rilling announced today that the City of Norwalk received confirmation that the three major rating agencies, Moody’s Investors Service, S&P Global Ratings, and Fitch Ratings each have reaffirmed the city’s “Triple A” bond rating with a…