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Top News & Analysis Connecticut

  • HARTFORD, Conn.— A new Connecticut law meant to strike a blow to human traffickers is now reaching the trenches where it can make the difference. Connecticut became the first state to require the training when the law was passed last year. So far, 165 workers have completed the program offered by Quinnipiac University School of Law, the nonprofit Grace Farms...

  • *Nasdaq rises with help from tech. June 23- U.S. stocks ended higher on Friday after a last-minute trading spike and a technology sector gain offset weakness in financial stocks and sent the Nasdaq higher, giving it a weekly gain for the first time in three weeks. The sector closed down 0.1 percent, clawing back some losses after it dropped sharply late in the session...

  • *Nasdaq on track to post first weekly gain in three weeks. June 23- U.S. stocks rose on Friday, with the Nasdaq set to post its first weekly gain in three weeks, helped by strength in technology stocks, while energy shares rebounded as oil prices rose. "The effect is going to be focused on small-caps but there's an echo of that in large caps," said Don Townswick, Director of...

  • Long's lawyers acknowledged that he illegally took proprietary materials from United Technologies and traveled back and forth to China with the documents. Authorities said Long was recruited by state-run universities in China in 2013 and 2014 and leveraged information he obtained from United Technologies in his efforts to get a job in China.

  • June 21- Clinical researcher and pharmaceutical market data specialist Quintiles IMS Holdings Inc is exploring a sale of its contract sales business that could value it at as much as $1 billion, according to people familiar with the matter. The sale process comes as Quintiles IMS seeks to prune some of its non-core businesses in the wake of the $17.6 billion...

  • PROVIDENCE, R.I.— The Latest on Rhode Island's debate over a paid sick leave mandate:. It now awaits consideration by the full Senate, as well as the state House of Representatives. Corrects that Senate labor committee, not judiciary committee, passed the measure.

  • NEW YORK— MGM Resorts International lost another round Wednesday in a court fight aimed at giving it leverage against Native American tribes in Connecticut as they compete for casino customers. The 2nd U.S. Circuit Court of Appeals in Manhattan agreed that a Connecticut judge was right to dismiss MGM's lawsuit against the state. MGM Resorts claimed it was...

  • "That was an old Gmail account that has been hacked," said Kevin Durfee, owner of George's of Galilee in Narragansett. Goodwin said she didn't believe Durfee's public denial and was told by police to expect an apology from him, but the controversy only emboldened her and other sick leave proponents who ushered a compromise version through a Senate panel Wednesday...

  • NEW YORK, June 20- A federal judge on Tuesday faulted the U.S. Consumer Financial Protection Bureau's apparent "indifference" toward how to distribute money left over from its 2015 settlement with Sprint Corp over unauthorized customer charges. District Judge William Pauley in Manhattan nonetheless rejected a request by the attorneys general of...

  • State records reviewed by The Associated Press show Navient Corp. has reported spending at least $44,000 since January on lobbyists in Maine, New York and Washington, states where lawmakers are considering licensing requirements. Lawmakers this year have considered such licensing and oversight bills in at least 10 states, including Illinois and...

  • NEW YORK— Even before Amazon said it was buying Whole Foods, the grocery industry was scrambling to adapt to changing habits. Amazon's planned $13.7 billion acquisition of the organic and natural foods grocer signals a massive bet that people will opt more for the convenience of online orders and delivery or in-store pickup, putting even more pressure on the...

  • HARTFORD, Conn.— Florida's governor on Monday made his second public pitch in two years to Connecticut businesses, urging them to leave a state that has seen two major corporate headquarters recently leave or threaten to leave. Rick Scott told about two dozen business officials at a gathering in Norwalk they should "go ahead and give up" on Connecticut and move to...

  • NEW YORK— Can Amazon, the company that persuaded people to buy ever more items online, win enough of them over to having their fresh groceries arrive in an Amazon box? Going full throttle into groceries by announcing a $13.7 billion deal for Whole Foods on Friday, Amazon gets the advantage of using the stores as mini-distribution hubs to deliver items to customers.

  • NEW YORK— Amazon's $13.7 billion acquisition of Whole Foods could mean big changes for the way people buy groceries— and just about everything else. Amazon could try to use automation and data analysis to draw more customers to stores while helping Whole Foods cut costs and perhaps prices. Just two years ago, Whole Foods CEO John Mackey told Bloomberg...

  • STAMFORD, Conn. _ Independence Holding Co. on Friday reported first-quarter profit of $4.9 million. Independence Holding shares have climbed 3 percent since the beginning of the year. Keywords: Independence Holding, Earnings Report.

  • June 15- A federal jury on Thursday delivered a mixed verdict for three former Nomura Holdings Inc traders accused by the U.S. Department of Justice of lying to customers about the prices of mortgage bonds they bought and sold. Jurors in Hartford, Connecticut found Michael Gramins, 33, of New York, guilty on one count of conspiring to commit securities fraud and...

  • June 15- A federal jury on Thursday delivered a mixed verdict for three former Nomura Holdings Inc traders accused by the U.S. Department of Justice of lying to customers about the prices of mortgage bonds they bought and sold. Jurors in Hartford, Connecticut found Michael Gramins guilty on a conspiracy charge, but found him not guilty on six other counts and...

  • The Hartford- based American Flight Academy released a statement Thursday denying allegations in a lawsuit filed by three students. The students say they paid $28,000 to $39,000 apiece for commercial pilot training but were far short of the required training hours when the Hartford- based school closed abruptly in April. The three are from Turkmenistan, Peru...

  • Some students who came from overseas to train at the Hartford- based American Flight Academy are also having to return to their home countries immediately because they say the school canceled their student visas— putting their dreams of becoming pilots on indefinite hold. Lawsuits, federal investigations and mystery hang over the school, which closed its...

  • Nearly half of Americans say they won't be taking a vacation this summer, mostly because they can't afford it, according to a new poll by The Associated Press-NORC Center for Public Affairs Research. About half of Americans living in households making less than $50,000 a year don't plan to take any summer vacation this year, and they're especially likely to cite...