Connecticut Mirror – As hospital leaders warn of potential job and service reductions in response to state funding cuts, the six- and seven-figure pay packages of Connecticut hospital executives have emerged as a point of contention.
Finance
Ukraine’s Quietly Revolutionary Debt Restructuring
Financial Times – Ukraine’s debt restructuring plan, announced last month, is both revolutionary and evolutionary. The agreement to restructure $18bn of privately held government debt stands in stark contrast to Greece’s nearly apocalyptic showdown with the European Union this year and Argentina’s simmering standoff with holdout creditors.
Slow Jobs Recovery Sends Workers Out of CT
Hartford Business Journal – “Connecticut has had steady improvement but not very strong improvement,” says Fred Carstensen, director of the Connecticut Center for Economic Analysis at UConn.
How an NFL Team’s Record Can Affect Its Sponsor’s Stocks
CNBC – Research shows that a sports team’s performance on the field can have a direct effect on the stock returns of sponsoring firms.
A pair of researchers at the University of Connecticut wrote a paper to be published next year in a journal called Critical Finance Review that points to up to a 127 basis point abnormal return for sponsors of winning NFL teams.
The Health of the Housing Market in 25 Big Cities
Wallet Hub – The purchase of a new home is one of the largest financial transactions most Americans make during their lifetime. And for that reason, the decision should be treated with careful consideration and thorough planning. For additional insight into home-ownership, we asked a panel of real-estate experts to weigh in on the subject and offer their advice.
UConn Students Gain Valuable Experience as Interns
UConn Today – When college graduates nationwide are vying for jobs, there is one item on their resumes that’s becoming a must-have for employers: the internship. A nationwide survey in 2015 found that 60 percent of employers prefer to hire candidates with relevant internship experience, a figure that has been climbing in recent years.
CT Budget Needs Economic Growth
More CT Users Value Owning Space Than Leasing
Hartford Business Journal – In March, entrepreneurs Patrick Sweeny and David Connelly pulled off a feat they had been desperate to do for some time: They bought an office building in Glastonbury to house their expanding wealth-management practice.
Research Scholar: Professor John Clapp
UConn Professor John Clapp, of West Hartford, Named Kinnard Distinguished Research Scholar
Hartford Courant – UConn Professor John Clapp, who has been recognized as one of the top real estate researchers in the world, has been named the first Kinnard Distinguished Research Scholar in the business school’s Center for Real Estate.
Some Bright Spots in CT’s Sluggish Economy
Connecticut Mirror – There are bright spots in Connecticut’s sluggish economy, even as Connecticut’s key manufacturing sector has lagged, a recent federal report says. Those bright spots include healthcare, finance and professional services like information technology, the Commerce Department’s Bureau of Economic Analysis says.