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Top News & Analysis Connecticut

  • HARTFORD, Conn.— State employees could receive four years of job security if they agree to concessions such as a two-year hard wage freeze and higher insurance premiums and pension contributions that add up to an estimated $1.5 billion in savings over two years, according to summaries of a draft framework for a labor concession agreement being considered by...

  • COLUMBUS, Ohio— Want to know how much money governments give away in corporate tax breaks? The nonprofit Government Accounting Standards Board changed its guidelines beginning in 2016 to require reporting of economic development tax breaks. "Before you get to the question of whether they're getting their money's worth, you have to know how much is being spent,"...

  • CHICAGO, May 19- U.S. states collected less personal income tax revenue in April than they did a year earlier, a Reuters analysis shows, and analysts said they believed high earners were shifting income to next year, hoping for tax cuts from the federal government. Removing outliers Louisiana and Oregon, which had big gains due to technical factors, magnified the...

  • NEW YORK— The Communications Workers of America union says that up to 40,000 AT&T workers have started walking off the job over contract fights with the phone company. Some 17,000 other potential protesters come from AT&T's home phone, internet and cable division in California, Nevada and Connecticut. Dallas- based AT&T says it has a contingency workforce "...

  • This is the first time that AT&T wireless workers are on strike, which could result in closed retail stores during the weekend, according to the Communications Workers of America union. Wireline workers, who work in phone, landline and cable services businesses in California, Nevada, and Connecticut, and DirecTV technicians across California and Nevada have...

  • This is the first time that AT&T wireless workers have gone on strike, which could result in closed retail stores during the weekend, according to the Communications Workers of America union, whose AT&T members went on strike. Wireline workers, who work in phone, landline and cable services businesses in California, Nevada, and Connecticut, and DirecTV...

  • STAMFORD, Conn.— A New York man has agreed to enter a rehabilitation program and repay $530,000 stolen from his father's estate in a court settlement. The Stamford Advocate reports 61- year-old Richard Everett's record will be wiped if he stays out of trouble during his probationary period. A Westport attorney filed an embezzlement complaint in November on...

  • President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street. Former FBI chief James Comey said in a memo that Trump had asked him to end a probe into former National Security Adviser Michael Flynn's ties with Russia, the reports said. That was only the latest worry in a tumultuous week at the White House after Trump...

  • But U.S. aviation-security officials appear determined to ban large electronic devices in the cabin of flights from Europe. On Wednesday, U.S. and European Union officials exchanged information about threats to aviation, believed to include bombs hidden in laptop computers. Airline and travel groups are concerned about the possibility that a ban on laptops...

  • WALLINGFORD, Conn.— A memorial service honoring the wife of longtime ESPN broadcaster Chris Berman has been held in Connecticut. The Hartford Courant reports friends, colleagues and relatives of Berman and his wife gathered Wednesday at Seymour St. Sixty-seven-year-old Cheshire resident Katherine Ann Berman was killed in a two-vehicle traffic crash May 9...

  • Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants about their salary history. And several states, including California, Mississippi and Pennsylvania, have proposed similar legislation this year. "I would not be surprised if we see other states and cities consider it," says Christine Hendrickson, an...

  • BROOKFIELD, Conn. _ Photronics Inc. on Wednesday reported fiscal second-quarter earnings of $1.8 million. For the current quarter ending in August, Photronics said it expects revenue in the range of $110 million to $120 million. Photronics shares have increased 2 percent since the beginning of the year.

  • The Ringling Bros. and Barnum& Bailey Circus is drawing to a close this weekend after 146 years of performances and travel that at times have been marred by tragedy and celebrated in film, but also constant. —1841— Phineas Taylor Barnum buys Scudder's American Museum in New York City and renames it Barnum's American Museum, which was something of a zoo, museum,...

  • PROVIDENCE, R.I.— An elephant stretches its trunk through a window to soothe a sick child. The other closed this month, in Providence, Rhode Island, and with it, the end to a way of life few others have experienced. The Associated Press was allowed to observe it extensively.

  • WEST HAVEN, Conn. _ NanoViricides Inc. on Monday reported a loss of $3.1 million in its fiscal third quarter. On a per-share basis, the West Haven, Connecticut- based company said it had a loss of 5 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Adding to global jitters, North Korea said it had successfully conducted a mid- to-long-range missile test and would continue such launches "any time, any place." "I am really on pins and needles to be honest with you because there are so many threats to this stability and this complacency which have not yet been priced into the market," Peter Kenny, senior market...

  • Adding to global jitters, North Korea said it had successfully conducted a mid- to-long-range missile test and would continue such launches "any time, any place." "I am really on pins and needles to be honest with you because there are so many threats to this stability and this complacency which have not yet been priced into the market," Peter Kenny, senior market...

  • NEW YORK, May 15- Commodity-linked stocks and currencies got a lift on Monday from rising crude oil prices after major producers Saudi Arabia and Russia said they would extend oil supply cuts into 2018.. "It's more jawboning from OPEC, and I think in the end it's going to prove to be noise... so the rally is probably a little much," said Michael ORourke, chief market...

  • The SEC said James Im and Kee Chan fraudulently generated more than $750,000 of profit beginning in 2010 by having on numerous occasions "deliberately misled and lied to customers" whose trades they handled. The SEC said Im, 40, of Tarrytown, New York, has not settled its civil case, and invoked his constitutional right against self-incrimination when...

  • The U.S. Securities and Exchange Commission said former managing directors James Im and Kee Chan fraudulently generated more than $750,000 of profit by having "deliberately misled and lied to customers" whose trades they handled, on numerous occasions beginning in 2010.. The SEC said Im has not settled its civil case, and asserted his constitutional right...