The Connecticut Senate approved raising the minimum wage to $10.10 an hour by 2017, the same rate the president wants for the federal minimum wage.» Read More
NEW YORK, April 15- Apple Inc on Tuesday lost an attempt to dismiss lawsuits by state attorneys general accusing it of conspiring with five major publishers to fix e-book prices. Following a non-jury trial, Cote in July found that Apple from 2009 to 2010 conspired with the publishers to raise e-book prices and impede competitors such as Amazon.com Inc..
PROVIDENCE, R.I.— A bill that would create two sales-tax holidays a year in Rhode Island is being heard by House lawmakers. The Finance Committee is scheduled to take up a bill Tuesday that would create tax holidays on Presidents Day and the Saturday before Labor Day.
NEW YORK, April 15- The dollar erased gains against the euro on Tuesday as traders discounted recent comments from European Central Bank policymakers and an uptick in U.S. inflation wasn't enough to suggest a potential change in the Federal Reserve's dovish stance.
HARTFORD, Conn.— Connecticut's Indian-run casinos say slot machine revenue fell sharply in March, with Foxwoods Resort Casino citing an "ultra-competitive" market. The Mohegan Sun reported revenue of $51.9 million in March, down 12 percent. Robert J. Soper, chief executive of Mohegan Sun, said the unusually cold March hurt business, but finances are stabilizing.
*Fed buys $1.02 billion bonds due 2036-2044. NEW YORK, April 14- U.S. The data showed that growth is recovering from weather-related weakness, said Ian Lyngen, an interest rate strategist at CRT Capital in Greenwich, Connecticut.
NEW YORK, April 14- The dollar rose against the euro on Monday after European Central Bank President Mario Draghi signaled the bank would ease monetary policy further, while strong U.S. retail sales data also boosted the dollar against the yen.
*Fed to buy $900 million to $1.15 billion bonds due 2036-2044. NEW YORK, April 14- U.S. The data showed that growth is recovering from weather-related weakness, said Ian Lyngen, an interest rate strategist at CRT Capital in Greenwich, Connecticut.
ST. PAUL, Minn.— Tens of thousands of Minnesota workers have big raises coming their way, courtesy of a new minimum wage law that Gov. He said he has been stunned by GOP resistance— it passed the Legislature with only Democratic votes— to increasing the guaranteed wage from $6.15 per hour now to $9.50 by 2016 and then tie it to inflation.
"I never worried like this before what happened with the missing Malaysia Airlines plane," Yulveri, who like many Indonesians uses only a single name, said at Jakarta's Soekarno-Hatta International Airport.
Even though that's $70 million under Copper Beech Farm's initial listing price, real estate agent David Ogilvy tells the Greenwich Time he believes the sum is the most ever paid for a residential property in the United States. Ogilvy says Copper Beech Farm edged out a Silicon Valley property sold last year for $117.5 million.
HARTFORD, Conn.— Connecticut officials announced more than $70 million in federal and state funds for 16 affordable housing projects across the state. Malloy says the projects will foster economic growth, revitalize neighborhoods and help keep people in Connecticut.
Five Senate Democrats urged the Justice Department to oppose efforts by GM to skirt financial responsibility on its recall.
WASHINGTON, April 11- A group of U.S. senators on Friday urged the Department of Justice to oppose any efforts by General Motors Co to skirt financial responsibility related to the company's failure to promptly recall vehicles with ignition switch problems linked to 13 deaths.
PORTLAND, Ore.— Officials with Oregon's troubled health insurance exchange say they've narrowed the options for the site's future to two: switching to the federal exchange, or staying with the current technology and hiring a new contractor to fix it.
In total, SAC Capital has agreed to pay $1.8 billion to resolve criminal and civil probes into insider trading. SAC Capital also agreed to be placed on probation for five years, and employ a compliance consultant, former federal prosecutor Bart Schwartz.
In total, SAC Capital has agreed to pay $1.8 billion to resolve criminal and civil probes into insider trading. SAC Capital also agreed to be placed on probation for five years, and employ a compliance consultant, former federal prosecutor Bart Schwartz. The sentencing marks the end of an era for SAC Capital, which by last year had managed $15 billion of assets.
NEW HAVEN, Conn.— Federal prosecutors are objecting to a request by a Venezuelan financier to be released from prison while he awaits sentencing in July in a Connecticut- based fraud scheme, saying he's a flight risk.
To resolve criminal and civil probes into insider trading, SAC Capital has agreed to pay more than $1.8 billion in total. SAC Capital also agreed to be placed on probation for five years, and employ a compliance consultant, former federal prosecutor Bart Schwartz.
*Libya oil guards take control of Hariga port, Zueitina pending. NEW YORK, April 10- Global crude oil prices slipped on Thursday on both sides of the Atlantic, pressured by weaker economic data from China as well as the prospect of a rebound in oil exports from Libya.
The sentencing marks the end of an era for SAC Capital, a hedge fund that last year managed $15 billion but found itself in federal investigators' cross-hairs. An indictment unveiled in July alleged systemic insider trading took place at SAC Capital involving the stocks of more than 20 publicly-traded companies from 1999 through 2010..