Connecticut Post – Connecticut’s towns and cities face different challenges, based on location, property values, spending, and tax rates.
Finance
CT Biz Schools Aim to Build Women C-Suite Pipeline
CT’s Recession Lasted Much Longer Than You Think
Hartford Business Journal – While many people consider the Great Recession to have lasted only two years, Connecticut’s economic malaise lasted much longer. In fact, measured by real output or gross state product, Connecticut’s economy actually shrank for seven years, even as the state regained jobs lost during the Great Recession.
Facebook Group Urges Preservation of Old Stanley Buildings
New Britain Herald – When it was announced that Stanley Black & Decker was planning to demolish all nine buildings it owns east of Curtis Street and south of Myrtle Street, some residents celebrated an opportunity revitalize the corner, while others were upset that their beloved city would be losing a bit of its history.
There’s One Major Thing Everyone Gets Wrong About Amazon and the Retail Apocalypse
Business Insider – Amazon and the rise of online shopping have been repeatedly blamed for the staggering rate of store closures and bankruptcies disrupting the retail industry in the US.
But e-commerce accounts for only a small fraction of the problems pushing many American retailers to the brink of death, according to Doug Stephens, a retail-industry consultant.
CT at Center of Corporate Relocation Strategy
Hartford Business Journal – Health insurer Aetna’s decision to relocate top-level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies are increasingly separating their corporate executives from the rest of their workforce.
Foxwoods June slots revenue climbs 2.7%
Norwich Bulletin – Foxwoods Resort Casino’s slot-machine revenue for June rose 2.7 percent compared with a year earlier but was down compared with May.
Mohegan Sun reported an 8 percent revenue gain for June, making it the first time in three months that both casinos reported revenue gains in the same month. But don’t break out the champagne just yet.
The increases say more about the strength of economies in neighboring states than about Connecticut’s situation, said Fred Carstensen, a University of Connecticut finance professor who is director of the Connecticut Center for Economic Analysis.
What Do Measures of Real-Time Corporate Sales Tell Us About Earnings Surprises and Post-Announcement Returns?
Harvard Law School Forum on Corporate Governance and Financial Regulation – Namho Kang is Assistant Professor of Finance at the University of Connecticut. This post is based on a recent paper authored by Professor Kang; Kenneth A. Froot, Research Associate at the National Bureau of Economic Research; Gideon Ozik, Affiliate Professor of Finance at EDHEC Business School; and Ronnie Sadka, Professor of Finance at Boston College Carroll School of Management.
Are Noisy Airport Flight Paths Discriminatory?
As Fed Reserve Scholar, Professor Cohen Explores Airport Noise, Housing Vacancy Ripple Effects
Jeffrey Cohen, a professor of finance and real estate, served as a visiting scholar at the Federal Reserve Bank of St. Louis for four days in May. Continue Reading
We Will Survive, Historian Tells Risk Executives
Presidential Historian Douglas Brinkley Tells Risk Executives That America Always Withstands Challenges, Divisions
Take a collective deep breath, Americans.
As a nation, we will survive these turbulent, highly charged political times, much as we have throughout the rocky course of our history, said Douglas Brinkley, the CNN presidential historian and a professor of history at Rice University. Continue Reading