New Haven Business Times; New Haven

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Last Number: August 2008

New Haven Business Times

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Vol. 30 Nbr. 8, August 2008

Rell Signs Subprime Mortgage Assistance Bill

The bill also establishes foreclosure mediation programs to be conducted through the Judicial Branch, puts new regulations in place on the mortgage industry - including a ban on prepayment penalties - and expands the authority of the Department of Banking.

Webster Takes Hit in Second Quarter

Net charge-offs were estimated to total $11.5 million for the continuing loan portfolios. * A $14.5 million write-down for other-than-temporary impairment of certain investment securities classified as available for sale, and an expected $1.1 million write-down in value of direct investments. * $12.5 million in other charges, consisting of $7.7 million related to the OneWebster earnings optimization initiative and $4.8 million in other charges, including $1.6 million in severance and other ex...

Griffin Hospital Garners Challenge Grant

The grant to Griffin Hospital is made under the Challenge Grant Program, which is designed to assist nonprofit organizations as they work to strengthen leadership and financial support through challenge grants for capital projects.

Skappo Expands with New Gourmet Store

Skappo Merkato will also offer a myriad of the restaurant's popular dishes, including spinach and ricotta gnocchi, eggplant meatballs and vegetable soups: "By cooking we discover the flavor, the joy and pleasure of life," says Anna Sincavage, matriarch of both establishments.

Buffalo Wild Wings Opens in New Haven

The boldly flavored menu includes boneless wings, specialty burgers and sandwiches, finger foods, wraps, salads and Naked Tenders, which are non-breaded, all white meat chicken tenders lightly seasoned and served with a choice of the 15 signature sauces.

Yale Receives Gift to Establish Theatre Center

Gordon M. Aamoth, president of the Robina Foundation, said, "The Robina Foundation is pleased to participate in the Yale School of Drama and Yale Repertory Theatre's commitment to providing playwrights with the means to actively pursue careers in the theater at a time when more lucrative forms of media may lure them away."

Covidien's Flora Named United Way Chair

Scott Flora, president of the Surgical Devices Global Business Unit of North Haven-based Covidien, has been named chair of United Way's 2008 Campaign. Jack Healy, president and CEO of United Way of Greater New Haven, made the recent announcement.

Pma Buys Insurance Unit

Alan Mathog, president of Webster Risk Services, said the Webster team "is excited to become part of the PMA Capital family, and we believe that PMA Capital's expertise in specialized risk management solutions and services to customers throughout the United States will help us grow our business and enhance our ability to deliver excellent service to all of our customers."

Holiday Inn Waterbury Gets Makeover

The 284-room hotel features renovated rooms; a new restaurant/lounge; an indoor pool and fitness center, 40,000 square feet of meeting and exhibit space; and CoCo Key, a 55,000-square-foot indoor water park scheduled to open in October.

West Haven Recycling Plant Moves Forward

Representatives for the new asphalt and concrete recycling plant have credited high-performance dust suppression technology as a key element in obtaining the site's operating permit.

Southern Offers New Graduate Program

Endorsement or capstone courses include Emergency, Disaster and Catastrophe Management Concepts III that covers the practice of emergency management; and Contemporary Topics in Emergency, Disaster and Catastrophe Management that covers one of the following topics on a rotating basis: business continuity, school crisis management, public health preparedness, hospital emergency management, critical infrastructure and exercise design and evaluation.

Hamden Firm Celebrates 20 Years

Due to a decreasing presence of women in Microsoft technology businesses, Glick is in the process of creating an informal networking and awareness group of entrepreneurial women in Microsoft technology businesses.

Gateway and Unh Sign Articulation Agreement

"With careful planning and advising, students will meet the UNH core requirements while completing an associate degree at Gateway Community College," said Lauren Doninger, program coordinator of the Liberal Arts and Sciences at Gateway.

Gaining the Mba Advantage

Along with the traditional MBA, for example, the University of New Haven offers an Executive Master of Business Administration for experienced, full-time managers; an MBA for Emerging Leaders; and an MBA/MPA, a dual degree program for those focused on both the public and private sectors of the economy. In the New Dimensions Degree Completion Program at Albertus Magnus College, for example, the MBA program "provides the opportunity to profit from practical work-related experiences through a u...


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