For those just starting to become familiar with the business world, local workshops and networking events can be extremely helpful. Here, we take a look at some of the upcoming and past workshops and networking opportunities in both New York and Connecticut. First for those in Connecticut, next Wednesday between 4 and 5pm, there will …
Category Archives: Business news
New Jersey’s Rise to Fame
New Jersey is become quite the global business player according to local entrepreneurs. Even some of the small companies are expanding and developing a global presence. According to New Jersey Business Action Center Executive Director Melanie Willoughby: “We are in a global marketplace now, and we want them to understand the value of expanding their business internationally. Doing business …
Connecticut: Tax Increases
Tomorrow CT residents will be subject to two new taxes. On October 1, 2019, grocery store shoppers will see a new sales tax on prepared foods. The additional tax is 7.35% and is part of the June state budget. It is hoped that this will lead to an additional $100m in taxes over the next …
Small NY-Based Businesses: Trajectory
How do small businesses fare in New York? One often hears about crippling office rental spaces, harsh competition and other potential obstacles, but what are the advantages, if any? Here we take a look at some of the good reasons for opening a New York based business…even from one’s home. Hostess of Real Life Cooking …
Eye Openers in New Jersey: What to “Watch”
Esco Optics Inc. has just opened a new branch in Oak Ridge, N.J. The optical manufacturer is expanded its presence in the area and the new office will be known as Esco North. According to Business Development Manager, Ron Schulmerich: “This is exciting for everyone involved. As a top optics provider, this office gives us …
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Cara Therapeutics Stock Sale
Cara Therapeutics just closed on Monday with a $145.5 million stock offering. This is their third major public offering in the last 2.5 years and they plan to use the proceeds to fund the work they are doing on a new drug they are submitting to the FDA for Korsuva injections. The funding will help …
Unemployment Levels Keep Dropping
Certainly great news for anyone living in or near New Jersey – the unemployment rate for June indicates a record low of 3.5%. These statistics come from the state Labor and Workplace Development Department, which announced the findings for the month on Thursday. It’s the lowest monthly rate that they’ve seen since they started keeping …
NY Economic Growth
According to Xinhua News Agency, this month New York encountered a substantial growth in its business activity. There was an increase to 20.1 points for its main index number, with the general business conditions index surpassed expectations by of 15.5. In terms of people’s level of satisfaction/happiness at the office it was hard to tell …
Business Women in New York
New York is encouraging women and minority groups to New York. Those who own companies in the area are being invited to join the hub of New York and open their businesses there. Investing $40 million into this promotion, the city of New York is very serious about this. This money will be used to …
Energy Evolutions
The energy industry is booming in New York city with a variety of new developments being undertaken by both the New York State Energy Research and Development Authority (NYSERDA) and New York Power Authority (NYPA). The latest announcement from these two bodies was the availability of $3.8 million as part of New York’s Geothermal Clean …