The board of directors for Connecticut’s government-run venture capital fund unanimously approved a $291 million deal Thursday with Jackson Laboratory, a Maine nonprofit, to subsidize its development of a facility on the campus of the UConn Health Center. The General Assembly passed legislation giving the venture fund, Connecticut Innovations, authority over the Connecticut Bioscience Collaboration [...]
Much of Connecticut is still in the dark, recovering from an uncharacteristically early snowstorm that knocked out power across the state. The outrage – err, outage – map still shows towns in black or deep purple, indicating more than 60 percent of Connecticut Light & Power customers the don’t have power. Politicians in Hartford are [...]
The state of Connecticut filed suit Oct. 6 to make a jailed former deputy warden pay the costs of his imprisonment, two weeks after Raising Hale reported he didn’t qualify for the state’s pension revocation statute. Neal Kearney pleaded guilty to one count of second-degree sexual assault in June for getting sexual favors from a [...]
Gov. Dannel Malloy will ask the legislature to approve a $291 million incentive package for nonprofit genetic research laboratory to open in Connecticut, after a similar effort to open a lab in Florida failed. The Jackson Laboratory of Bar Harbor, Maine, does genetic research and develops mice with human diseases to be used in biomedical [...]
The Office of Comptroller Kevin Lembo released details Friday on the longevity payments to state employees totaling more than $10 million. Non-union employees received about 60 percent of total longevity payments. Union employees received about 40 percent. The highest bonuses for non-union employees were more than twice as big as bonuses for union employees. James [...]
Neal Kearney, a former deputy warden with the Connecticut Department of Correction, is getting a different perspective on his old job – this time from behind bars. Kearney pleaded guilty to one count of second-degree sexual assault in June for getting sexual favors from a male inmate. He is serving a 30-month sentence in Corrigan-Radgowski [...]
Install timer on waterfall. Refurbish pool area lion-head fountain. Replace pool house French doors. These were three of the 47 work orders on 990 Prospect Street – the state-owned home where Gov. Dannel Malloy and his family are living – pending on July 26, according to documents obtained through a Freedom of Information Act request. [...]
Connecticut’s top accountant announced Monday the state collected $1.1 billion more taxes than expected last fiscal year, the same day that Gov. Dannel Malloy’s $900 million retroactive income tax increase went into effect. State officials underestimated tax revenue by more than 10 percent in the budget year that ended June 30, while spending was $256 [...]
“Think about this: Rome is burning. We’ve got a $3.5 billion deficit,” said former Connecticut Gov. John G. Rowland at a May Yankee Institute luncheon. “By the way, even with this concession package, the budget deficit is still $1.2 billion. And, oh, let me insult you some more. There’s a billion dollar budget surplus [...]
With the federal government on the precipice of default if the debt ceiling is not raised and Connecticut laying off thousands of employees, a group of centrists met Friday to discuss solutions for America’s fiscal problems. No Labels and the Comback America Initiative hosted the luncheon featuring a number of Connecticut political veterans. Independent Democratic [...]
