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Home Authors Posts by Kevin Zimmerman

Kevin Zimmerman

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New program to lower energy costs for manufacturers announced

The Connecticut Department of Economic and Community Development (DECD) and Hartford’s Connecticut Green Bank have announced “Energy on the Line,” a program that offers...

GE completes sale of Franchise Finance U.S. hotel business

The deal with Western Alliance Bank is part of General Electric's goal of divesting itself of over $200 billion worth of assets.

Goldman Sachs’ approach to online customers

New website gsbank.com aims to attract individuals and small businesses.

Xerox takes a dive in first quarter report

Profits were down 85 percent and revenue down 4 percent for the period ending March 31, compared with the same period last year.

Connecticut cash home sales lag national average

Cash home sales in the Bridgeport-Stamford-Norwalk area in January made up 28 percent of total home sales, compared with a national average of 35.5 percent.

Connecticut unveils revamped state tourism website

CTvisit.com provides information on more than 4,000 places to visit, stay and eat in the state, along with listings of vacation deals and events.

NBCUniversal teams with United Way for Stamford kids’ event

The annual “Business-to-Books” read-a-thon will visit 12 Stamford elementary schools this spring.

GE posts mixed results for first quarter

The company reported a higher-than-expected quarterly profit on April 22, but profit in its industrials business declined.

United Healthcare’s exit from Conn. insurance exchange could lead to Obamacare...

While the move may not adversely affect many residents, it could be the first step to a major rethink of the Affordable Care Act.

Buyer of Stamford GE property overbilled clients, Mass. says

State Street Corp. violated Massachusetts law by overcharging customers up to $200 million, according to Mass. Secretary of State William Galvin.

GE officially exits the banking business

The company has completed the sale of GE Capital Bank’s U.S. deposits to Goldman Sachs.

Greenwich Chamber of Commerce sets business showcase for April 28

More than 70 exhibitors and food vendors will present at the Eastern Greenwich Civic Center event.

Nonprofit veterans group Homes for the Brave names new CEO

Vincent Santilli, a former banking executive, will lead the organization, which provides safe housing, vocational training, and life skills coaching to homeless people, most of whom are veterans.

Pyramid Healthcare adds second N.C.-based health care facility

The deal is Old Greenwich-based Pyramid’s fifth add-on acquisition under Clearview Capital Fund II’s ownership.

Westchester medical group continues Conn. expansion with Stamford pickup

Orthopaedic Associates of Stamford is joining Westchester County-based Westmed Medical Group as part of the latter’s ongoing expansion into Connecticut.