Charter Communications' decision to relocate its corporate headquarters from St. Louis to Stamford, Conn., was paved by a $6.5 million low-interest loan from the state, according to CEO Tom Rutledge. The site near New York City also gives Charter "access to the financial community, to the media community" and to good transportation, said Rutledge, who lives near Stamford.
The zoning board in Stamford, Conn., has drafted a resolution that would curtail development at a mixed-use site until a developer creates a plan to reinstall a boatyard in the area. Without getting a plan approved, the developer would be required to post a performance bond to cover the costs of the boatyard before performing remediation work. The amount of the bond could reach $10 million, the city's land-use bureau chief said.
A new study finds that workers' aches and pains cost businesses more than $60 billion in lost productivity each year. The study suggests many workers are not getting treatment for "garden variety pain" and companies should hold awareness campaigns about treatment options.