Business

Business, economic news

AP Photo/Jessica Hill

The Connecticut General Assembly's Labor Committee held a public hearing on Tuesday to address Governor Daniel Malloy’s proposed minimum wage hike. There were mixed reviews on the proposal, which would raise the state minimum wage to $10.10 an hour by 2017.

Flickr/Melissa Hincha-Ownby

The Connecticut Business and Industry Association is promising to fight Governor Dannel Malloy's proposed increase in the state minimum wage. Malloy wants to raise the minimum wage to $10.10 an hour by 2017, which would make it the highest in the nation.

The CBIA voiced its opposition on Monday to the wage hike, saying it will reduce hiring into entry-level jobs. The CBIA's position on minimum wage is part of its broader legislative agenda, which it released on Monday.

Craig LeMoult

Shoppers at a CVS pharmacy in downtown Stamford had a mixed reaction Wednesday to the news that the national chain plans to stop selling tobacco products at its more than 7,600 drugstores nationwide.

Craig LeMoult

The Long Island Railroad has surpassed Metro North as the busiest commuter railroad in the country. The LIRR increased its ridership in 2013 by two percent, compared to 0.7 percent for Metro North.

AP Photo/Mike Groll

A less heralded aspect of New York Governor Andrew Cuomo's 2014  agenda is a plan to increase the number of homes and businesses burning biomass for heat.

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