Top News & Analysis Connecticut

  • These include Illinois, Pennsylvania, New Jersey and Connecticut. Washington, Florida and New York would fare best, with reserve balances that exceed potential shortfalls. The remaining states sampled, California, Massachusetts and Wisconsin, fall between those two groups.

  • These include Illinois, Pennsylvania, New Jersey and Connecticut. Washington, Florida and New York would fare best, with reserve balances that exceed potential shortfalls. The remaining states sampled, California, Massachusetts and Wisconsin, fall between those two groups.

  • BOSTON, Aug 9- Three well-known U.S. universities, MIT, New York University and Yale, have been accused of charging millions of dollars in excessive fees to participants in their retirement plans, according to federal civil lawsuits filed on Tuesday. In the Massachusetts Institute of Technology complaint, Fidelity Chief Executive Officer Abigail Johnson is...

  • BOSTON, Aug 9- Three well-known U.S. universities, MIT, New York University and Yale, have been accused of charging millions of dollars in excessive fees to participants in their retirement plans, according to federal civil lawsuits filed on Tuesday. In the Massachusetts Institute of Technology complaint, Fidelity Chief Executive Officer Abigail Johnson is...

  • Aug 8- Former Fox News Channel Chairman Roger Ailes on Monday dropped a bid to move a sexual harassment lawsuit by a former anchor from New Jersey to a federal court in New York. In the lawsuit filed last month in federal court in New Jersey, Gretchen Carlson accused Ailes of repeatedly propositioning her for sex and said he terminated her contract in June after she...

  • NEW YORK, Aug 8- Oil prices settled up nearly 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries that pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between...

  • NEW YORK, Aug 8- Oil prices settled up nearly 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries that pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between...

  • NEW YORK, Aug 8- Oil prices jumped about 3 percent on Monday amid renewed speculation that OPEC would try to restrain output, easing oversupply worries had pressured the market to three-month lows last week. The Wall Street Journal reported last week that OPEC countries such as Venezuela, Ecuador and Kuwait want to take another stab at cooperation between the...

  • Aug 4- A Connecticut cardiologist has been indicted on charges that he traded securities based on inside information about confidential developments in a clinical drug trial, federal prosecutors announced on Thursday. Edward Kosinski, 68, was charged in an indictment filed in federal court in Hartford, Connecticut, with two counts of securities fraud in...

  • Priceline said it expected an adjusted profit of $28.30 to $29.80 per share for the third quarter ending Sept. 30. The Norwalk, Connecticut- based company said hotel bookings rose 24.4 percent in the second quarter, while car rental bookings rose 7.6 percent. The company's net income rose to $580.64 million, or $11.60 per share, in the second quarter ended June 30,...

  • WASHINGTON, Aug 4- The U.S. Securities and Exchange Commission on Thursday charged a cardiologist with insider trading on confidential developments as he worked on a clinical drug trial. The SEC alleged that Dr. Edward Kosinski of Weston, Connecticut, traded in advance of two negative news announcements by Regado Biosciences, which was pursuing a drug called...

  • *U.S. yields more attractive as UK 10- yr Gilts hit record lows. The BoE cut rates 25 basis points to 0.25 percent on Thursday and said it would buy 60 billion pounds of government debt to ease the blow from Britain's June 23 vote to leave the European Union. The move pushed yields on 10- year UK government bonds, or Gilts, to a record low of 0.646 percent, which further...

  • The company forecast 2017 sales of $7.3- $7.5 billion, compared with analysts' average estimate of $7.3 billion. Net income attributable to the company rose to $113 million, or $1.57 per share, in the fourth quarter ended June 30, from $100 million, $1.37 per share, a year earlier. The Stamford, Connecticut- based company's net sales rose to $1.88 billion from $1.68...

  • HOUSTON, Aug 4- A pact that 15 U.S. states signed to jointly investigate Exxon Mobil Corp for allegedly misleading the public about climate change sought to keep prosecutors' deliberations confidential and was broadly written so they could probe other fossil fuel companies. After numerous filings under sunshine laws, a copy of the agreement was obtained by the...

  • NEW YORK, Aug 3- Oil prices jumped more than 3 percent on Wednesday, with U.S. crude futures returning to above $40 a barrel, after a larger-than-expected gasoline draw offset a surprise build in crude stockpiles in the No. 1 oil consumer. U.S. crude inventories rose for a second week in a row, gaining 1.4 million barrels last week, compared with analysts' expectations...

  • *WTI returns to above $40, Brent up 2 pct. NEW YORK, Aug 3- Oil prices jumped more than 3 percent on Wednesday, with U.S. crude futures returning to above $40 a barrel, after a larger-than-expected gasoline draw offset a surprise build in crude stockpiles in the No. 1 oil consumer. On Tuesday, it settled below $40 a barrel for the first time since April.

  • *WTI returns to above $40, Brent up 2 pct. NEW YORK, Aug 3- Oil prices jumped more than 2 percent on Wednesday, with U.S. crude futures returning to above $40 a barrel, after a larger-than-expected gasoline draw offset a surprise build in crude stockpiles in the No. 1 oil consumer. On Tuesday, it settled below $40 a barrel the first time since April.

  • NEW YORK, Aug 3- Oil edged higher on light short-covering on Wednesday after plumbing April lows the previous day, with investors warily eyeing a market believed to be oversupplied despite expectations of a drop in U.S. crude stockpiles. The U.S. Energy Information Administration is expected to announce at 10:30 a.m. EDT a drawdown of 1.4 million barrels in...

  • SAN FRANCISCO, July 29- A federal judge on Friday denied a motion by Uber Technologies Inc to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive. Spencer Meyer, a Connecticut passenger and the lead plaintiff who filed the lawsuit, was subject to a user agreement requiring that...

  • SAN FRANCISCO, July 29- A federal judge on Friday denied a motion by Uber Technologies Inc to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive. Spencer Meyer, the Connecticut passenger who filed the lawsuit, was subject to a user agreement requiring that disputes with San...