Paul Schott
Stamford Advocate
Stamford, CT, United States
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Past articles by Paul:
CT Sen. Blumenthal on Silicon Valley Bank: 'Completely and unconscionably mismanaged'
Sen. Richard Blumenthal criticized the federal oversight of Silicon Valley Bank, but he and other CT officials said the banking system is generally resilient. → Read More
Downsizing highlights changing times at CT hedge fund giant Bridgewater Associates
Westport-based Bridgewater Associates is one of the world's largest hedge fund managers, but it is now downsizing in some key areas. → Read More
CT produces more than $18 million in cannabis sales in February
In the first full calendar month since the launch of legalized recreational marijuana, sales of recreational and medical forms totaled more than $18 million. → Read More
Panera Bread set to open on High Ridge Road in Stamford
Panera Bread is one of several national chains that plan to open establishments on High Ridge Road in Stamford. → Read More
CT legislative committee OKs bank oversight bill, but has questions for AG, banking department
While the Banking Committee approved a bill strengthening oversight of banks, it has questions about the attorney general's and banking department's roles. → Read More
Stamford Health to open outpatient center in city's South End
Stamford Health's outpatient center at 170 Washington Blvd., in Stamford's South End, will provide OB-GYN and family medicine services. → Read More
CT is owed $95 million by Purdue Pharma. Here's why the state is still waiting for its money
A year after Connecticut settled with Stamford-based Purdue Pharma, the state is still waiting for funds because the OxyContin maker's bankruptcy is unfinished. → Read More
M&T Bank customer complaints are 'continuing challenge,' CT attorney general tells legislators
In testimony to state legislators, Connecticut Attorney General William Tong said his office continues to deal with complaints from M&T Bank customers. → Read More
Potential international bribery violations disclosed by CT-based Stanley Black & Decker
Stanley Black & Decker has informed federal authorities of certain international transactions that "may raise compliance questions" under anti-bribery law. → Read More
Westport-based hedge fund giant Bridgewater Associates to cut jobs
Westport-based Bridgewater Associates will cut jobs and make other changes as part of a restructuring undertaken after the exit last year of founder Ray Dalio. → Read More
Investment manager AllianceBernstein opens offices in Stamford
AllianceBernstein's new offices in Stamford will support its private wealth management unit's operations in Fairfield County and Westchester County, N.Y. → Read More
Why do racial disparities persist in CT's top corporate ranks?
Large companies in Connecticut have numerous initiatives aimed at making their workforces more diverse. But those firms still have few Black executives. → Read More
How CT companies joined a 'most-historic moment' of exits from Russia, after invasion of Ukraine
One year after the start of the Russian invasion of Ukraine, a number of CT companies have ended or curtailed their operations in Russia. → Read More
Following M&T Bank issues, CT attorney general seeks greater investigation power
Attorney General William Tong is advocating for legislation that would give his office greater power to investigate customer issues at banks such as M&T. → Read More
Greenwich-based investment manager Viking plans relocation to Stamford
Viking Global Investors has signed a lease at 600 Washington Blvd., in downtown Stamford, which already houses several financial-services firms. → Read More
Jobs growth stalls at Gartner, but professional services sector still employs thousands in CT
Stamford-based Gartner has yet to meet hiring goals it set in 2018, but the professional services sector remains one of the largest in Connecticut. → Read More
CT-based Subway confirms that it is considering potential sale
Milford-based Subway said it was considering a potential sale, but it is not clear why the fast-food giant is exploring a deal. → Read More
Breeze Airways to add nonstop routes from CT's Bradley airport to New Orleans, two Florida cities
Breeze Airways' expansion at Bradley airport will continue in May with the launch of nonstop flights to New Orleans and Florida's Tampa and Fort Myers. → Read More
Comedy club brings New York flavor and diversity to Stamford Town Center
The opening this weekend of New York Comedy Club at Stamford Town Center shows how malls are attracting an increasingly diverse group of tenants. → Read More
CT sues five retailers as part of crackdown on illegal cannabis sales
The Connecticut attorney general's litigation against five businesses for allegedly illegal cannabis sales highlights the challenges of regulating the market. → Read More