Speaking with a “Daily Show” correspondent about President Obama’s plans to increase minimum wage, Euro Pacific Capital CEO Peter Schiff ridiculed the idea, suggesting that the “mentally retarded” could work for $2 an hour, because “you’re worth what you’re worth.”
Fall River’s mayor and Connecticut-based Foxwoods have unveiled a plan to build a $750 million resort casino in Fall River, saying it would bring thousands of jobs and become a tourist destination in the region.
Preliminary jobs numbers for Connecticut are in for December, and the State Labor Department says it appears as if last month’s weather may have kept hiring down.
A business owner who received $150,000 in state aid to open a burrito shop in Mystic and create three jobs has closed the store.
Plans cover everything from extreme weather to cold feet.
United Technologies Corp. is expected to post a modest increase in revenue for the fourth quarter and stronger sales growth for 2013, while its emphasis on cost-cutting drives a stronger boost in profit.
Connecticut’s two Indian-run casinos on Wednesday posted sharply reduced slot machine revenue in December, a month after Foxwoods Resort Casino broke a losing streak with a slight rise in revenue and the Mohegan Sun posted a tiny decline.
Legislative Democrats unveiled their 2014 jobs agenda Tuesday.
Navy contractor Electric Boat expects to grow significantly in the years ahead despite an expected decline in U.S. defense spending because of strong support for the strategic roles played by submarines, the company’s president said Tuesday.
Boeing says it delivered a total of 648 planes in 2013, a new record.
Fire destroyed the nineteenth century Bevin Brothers bell manufacturing plant in East Hampton.