Leif Skodnick
State banking departments fight payday loans
New York and Connecticut regulators have taken steps to protect residents from payday lending, ordering lenders to repay millions of dollars and levying fines.
SBA leader visits Women’s Business Development Council
Maria Contreras-Sweet visits Stamford to promote the U.S. Small Business Administration’s efforts as a loan guarantor to small businesses nationwide.
Connecticut bond ratings reaffirmed
The rating news comes in advance of a $500 million general obligation bond sale being offered this week.
Harvest Hill to buy American Beverage Corp. for $55M
Harvest Hill, the Stamford-based manufacturer of Juicy Juice, reaches a deal to buy Rye Brook-based American Beverage Corp., maker of the Little Hug brand.
Stamford faces age discrimination lawsuit
Frank Maduri, a volunteer firefighter, claims the city did not hire him for a full-time position because of his age.
Hedge fund calls for Webster Bank spinoff
Kerrisdale Capital wants Webster Financial Corp. to spin off its health care savings account business, saying it could be worth $2 billion.
Santander changes policy on screening accounts
The use of consumer reports to evaluate account applications has come under scrutiny from state regulators and consumer advocates.
Fairfield University opens Rafferty Stadium
Fairfield University's new lacrosse stadium, which seats 3,500, features an artificial playing surface, lights, a press box and more.
Christopher Gruseke named CEO of Bankwell
Christopher Gruseke will lead the company after its previous CEO resigned amid reports of personal financial issues.
McCarthy to replace Wilderotter as Frontier CEO
Daniel McCarthy will succeed Maggie Wilderotter as chief executive of Frontier Communications, becoming president and CEO.
Stamford man gets 3 years for mortgage fraud scheme
Asm Afsary is sentenced to three years in federal prison for his role in a mortgage fraud scheme involving more than 20 properties.
Frontier reacts to FCC net neutrality rules
Frontier Communications, headquartered in Stamford, decries the Federal Communications Commission’s reclassification of broadband Internet service.
Nordstrom to anchor planned Norwalk shopping center
A three-story, 150,000-square-foot Nordstrom store is set to be part of a retail complex proposed by General Growth Properties in Norwalk.
Morgan Stanley to pay $2.6B settlement
Morgan Stanley agrees to pay $2.8 billion to the Department of Justice in a settlement related to the 2008 financial crisis.
Newtown victims’ families fight Remington court move
A judge in Bridgeport will decide whether a wrongful death suit filed over the assault rifle used in the Newtown school shooting will stay in federal court.