Category: Business

On the stage of your house!

As seen in Norwalk Plus magazine, Summer 2021 Lights… camera… sale! Selling your home is a complex and important deal and one of the crucial elements of getting the best offer is presentation. So, here are some expert home staging tips and essential steps you might want to take to get the best possible offers,…

Connecticut Attorney General Tong warns consumers in the state to be vigilant of price gouging ahead of Hurricane Henri

Hartford, CT – As Hurricane Henri heads for Connecticut, Attorney General William Tong is warning Connecticut consumers to be vigilant of price gouging and price hikes. During states of emergency, price gouging is illegal and this includes in demand items such as generators and gas. “Price gougers take advantage of our fear. We’re all worried…

Eversource Increases Number of Possible Power Outages as Connecticut Braces for Hurricane Henri, restorations could go 8 to 21 days

Company to declare an Emergency Response Plan Level 2; 50 to 69% of customers could lose power; restorations could go 8 to 21 days BERLIN, Conn. (August 21, 2021) – With Hurricane Henri expected to make landfall early Sunday morning along Connecticut’s shoreline, Eversource is increasing the number of possible outages the storm could cause.…

CTDOL: Unemployment rate drops, state added estimated 9,400 jobs in July

Wethersfield, CT – Connecticut Department of Labor (CTDOL) Interim Commissioner Danté Bartolomeo on Thursday announced that the state’s unemployment rate dropped to an estimated 7.3% in July from the revised 7.7% rate in June. With the three-month average unemployment rate below 8.0%, Connecticut is anticipated to trigger off the federal High Extended Benefits program. The…

First County Bank Expands Commercial Lending Division

STAMFORD, CT – First County Bank expands its commercial banking division, with the hiring of Tripp Moore and Robert O’Brien, as Vice President, Commercial Banking Officers. Moore and O’Brien, who have over 30 years of combined commercial lending experience, will be responsible for developing new commercial relationships for the Bank by providing customized lending and…

Governor Lamont announces Connecticut receives first credit rating upgrade in more than 20 years

HARTFORD, CT – Governor Ned Lamont on Wednesday announced that Moody’s Investors Service has upgraded Connecticut’s General Obligation bonds credit rating from “A1” to “Aa3,” making it the first credit rating upgrade the state has received since February 2001. “This upgrade from Moody’s is the first for our state in more than 20 years and…

Payroll jobs post slight January 2021 decline (-100): unemployment rate at 8.1% on newly benchmarked data

WETHERSFIELD, CT – Connecticut payroll employment was essentially unchanged in January 2021, dropping just 100 jobs (‑0.01%) after a revised 4,600 (‑0.3%) decrease in December 2020. This is the third monthly job loss after six consecutive seasonally adjusted monthly jobs gains. Statewide employment is now 127,300 (-7.5%) positions lower than a year ago at 1,570,700…

AGW SoNo Partners announce new business concept contest with a free commercial pop-up space prize on Washington St in South Norwalk

March 3, 2021, South Norwalk, CT: Local real estate collective, AGW SONO Partners, announced its latest Washington Street project this week with the call for entrepreneurs to pitch their business concept and be entered to win a free commercial pop-up space on Washington Street in the Historic SoNo District. The concept is another initiative put…