On Tuesday night, the developer of Bridgewater Associates' proposed headquarters in Stamford withdrew a controversial license agreement needed to secure a deal for the hedge fund to complete its state-supported move from Westport to Stamford.
The board of the Metropolitan Transportation Authority voted on Tuesday to offer commuters on Metro North’s New Haven line a refund to compensate for service difficulties since a power outage on the line last week.
MTA Chairman Tom Prendergast told board members that he considers the current power failure a one-off event, in terms of its magnitude and duration.
Troubles on Metro North have continued into a second week, but officials say things should be able to return to normal by next week. MTA officials estimate service should be fully restored by Tuesday, Oct. 8. Details on the power restoration from Con Edison are online here.
Commuters faced another day of aggravation on Metro North Thursday following a loss of power for the trains, and it’s not yet clear when things might return to normal. Some train riders took things in stride, but that will likely become more difficult if the problems continue for weeks.
The Connecticut Labor Department says the state’s unemployment rate in August remained unchanged from July at 8.1 percent. The report shows a loss of 6,000 jobs, but the Labor Department says that's because of a miscalculation last month in their seasonal adjustment of the labor numbers. Long Island’s private sector lost 600 jobs in August compared to July. But the New York Department of Labor says that’s an improvement in the long-term. Over the prior 10 Augusts, the losses averaged 3,000.