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Connecticut

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  • Foley defends record at Pennsylvania company Thursday, 18 Sep 2014 | 5:53 PM ET

    MIDDLETOWN, Conn.— Connecticut Republican gubernatorial candidate Tom Foley defended his business record on Thursday, saying he ultimately saved unionized workers' jobs following a lengthy strike at a Pennsylvania plant he previously owned.

  • State: Conn. employers shed 3,600 jobs in August Thursday, 18 Sep 2014 | 11:37 AM ET

    WETHERSFIELD, Conn.— Employers in Connecticut cut 3,600 jobs in August, with schools taking a hit due to a quirk in statistical sampling, state labor officials said Thursday. However, the private sector, which comprises about 86 percent of Connecticut's employment, added jobs— 400— for the seventh consecutive month.

  • Navy secretary offers thanks for sub cost cuts Thursday, 18 Sep 2014 | 5:39 AM ET

    GROTON, Conn.— Secretary of the Navy Ray Mabus has thanked Electric Boat and its workers for helping drive down the cost of building big-ticket submarines. He says it allowed the Navy to sign a $17.6 billion contract this year to build 10 Virginia-class submarines in the next five years.

  • Navy Secretary: Submarine to be named USS Vermont Thursday, 18 Sep 2014 | 5:01 AM ET

    BURLINGTON, Vt.— U.S. Navy Secretary Ray Mabus used Lake Champlain, with its history of a key naval battle in both the American Revolution and the War of 1812, as a backdrop Thursday to announce the naming of the USS Vermont, a nuclear attack submarine due to be built over the next several years.

  • Census: NY poverty, income levels steady in 2013 Thursday, 18 Sep 2014 | 3:02 AM ET

    And the Census Bureau says Thursday median household income in the state also remained flat at about $57,000. The national median income was about $52,000 last year. Among New York's neighbors, it was $68,000 in Connecticut; $66,000 in Massachusetts; $70,000 in New Jersey; $52,000 in Pennsylvania and $53,000 in Vermont.

  • Census: Poverty down but so are wages in Maine Thursday, 18 Sep 2014 | 2:01 AM ET

    Maine was ranked last in New England for income, and second-to-last behind Rhode Island for the poverty rate. Glenn Mills, chief economist at the Maine Department of Labor's Center for Workforce Research and Information said Maine has lagged the other states in the region for several years when it comes to income.

  • NEW YORK, Sept 17- U.S. The Fed pleased many investors by pledging to keep policies accommodative for a "considerable time" but spooked others by raising projections for interest rate levels in 2015 and later, according to Anthony Valeri, investment strategist at LPL Financial in San Diego.

  • TREASURIES-Prices rise as inflation data soothe Fed fears Wednesday, 17 Sep 2014 | 9:58 AM ET

    NEW YORK, Sept 17- U.S. The Labor Department said its Consumer Price Index dropped 0.2 percent last month as a broad decline in energy prices offset increases in food and shelter costs.

  • No Labels gathers allies in DC to start 2016 push Wednesday, 17 Sep 2014 | 3:20 AM ET

    WASHINGTON— Lawmakers and strategists from both parties are gathering to outline a plan to save Social Security, add 25 million jobs and balance the federal budget. A No Labels-backed Problem Solvers caucus formed on Capitol Hill and attracted close to 100 lawmakers. Peter Welch, a Vermont Democrat and a No Labels supporter.

  • Only 4 states will see cuts to food stamps Wednesday, 17 Sep 2014 | 3:17 AM ET

    WASHINGTON— Cuts to the nation's food stamp program enacted this year are only affecting four states, far from the sweeping overhaul that Republicans had pushed, an Associated Press review has found. As a result, it's unclear whether the law will realize the estimated $8.6 billion in savings over 10 years that the GOP had advertised.

  • Hospitals struggled during Sandy, report says Wednesday, 17 Sep 2014 | 12:01 AM ET

    TRENTON, N.J.— When Superstorm Sandy slammed into the Northeast nearly two years ago, hospitals found themselves dealing with surges in patients, lost power supplies and employees who couldn't get to work— problems that a new federal report finds they were not prepared to handle.

  • Penn. editor, Conn. newspaper get diversity award Tuesday, 16 Sep 2014 | 8:49 PM ET

    CHICAGO— Philadelphia Daily News Editor Michael Days and the New Haven Register received the 13th annual Robert G. McGruder Award for Diversity Leadership at the Associated Press Media Editors-American Society of News Editors conference on Tuesday.

  • Wynn's $1.6B resort wins Boston casino license Tuesday, 16 Sep 2014 | 2:34 PM ET

    BOSTON— Wynn Resorts has bested Mohegan Sun for the lucrative Boston- area casino license, based largely on the strength of its $1.6 billion project's economic development potential.

  • Flatow, 'Science Friday' settle claims over grant Tuesday, 16 Sep 2014 | 11:31 AM ET

    HARTFORD, Conn.— Radio host Ira Flatow and his "Science Friday" show that airs on many National Public Radio stations have agreed to pay nearly $146,000 to settle civil claims that they misused money from a $1 million grant from the National Science Foundation, federal officials said Tuesday.

  • Defense tries to show ex-governor did real work Tuesday, 16 Sep 2014 | 10:18 AM ET

    But Brian Bedard, the executive vice president of Apple Health Care Inc., also acknowledged that the company and a congressional campaign for which Rowland worked had an "incestuous" relationship.

  • Jury gives woman $15.8M in construction zone crash Tuesday, 16 Sep 2014 | 8:39 AM ET

    PITTSBURGH— A Connecticut construction company should pay a western Pennsylvania woman $15.8 million for injuries she suffered in a work zone crash a day before her daughter's wedding five years ago, a western Pennsylvania jury ruled.

  • FactSet meets 4Q profit forecasts Tuesday, 16 Sep 2014 | 8:30 AM ET

    NORWALK, Conn.— FactSet Research Systems Inc. on Tuesday reported earnings of $55.4 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.31 per share. Analysts expected $237.6 million, according to Zacks.

  • Jepsen raises privacy issues with new Apple watch Tuesday, 16 Sep 2014 | 7:24 AM ET

    HARTFORD, Conn.— Connecticut Attorney General George Jepsen has raised concerns about the privacy protections with Apple's new Apple Watch. Jepsen wrote to CEO Tim Cook on Monday asking about the recently introduced product's ability to store, collect and use consumers' health information.

  • Lawsuit settlements reached in Metro-North crash Monday, 15 Sep 2014 | 5:32 PM ET

    HARTFORD, Conn.— Four of 28 people who sued the Metro-North Railroad in federal court after being injured in a train crash in Connecticut last year have settled with the commuter railroad, lawyers involved in the case said Monday.

  • NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.