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  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...

  • HARTFORD, Conn.— A long-running effort to extend workers' compensation benefits to police officers who receive mental health injuries on the job cleared a key hurdle Friday after years of defeat in the General Assembly. While the bill passed the Senate 25-11, some lawmakers predicted it faces trouble in the House of Representatives because it now encompasses...

  • *Bank of Japan keeps policy unchanged, as expected. NEW YORK, May 22- The U.S. dollar turned higher on Friday, spurred off early losses after a U.S. inflation report that indicated underlying pressures are building bolstered the case for the U.S. "Stronger inflation, along with stronger growth data, is something that the Fed certainly wants to see," said Brian...

  • BOSTON, May 22- Barington Capital Group won its proxy contest by scoring two board seats at Eastern Co this week as shareholders widely backed the activist hedge fund's call to add new blood at the industrial hardware maker. Shareholders elected Barington Chief Executive Officer James Mitarotonda and Michael McManus, CEO of medical device manufacturer...

  • HAMPTON, N.H.— Democratic presidential contender Hillary Rodham Clinton said Friday she sees "no role whatsoever" for U.S. ground forces in Iraq despite setbacks in the struggle against Islamic State militants. She addressed the matter after visiting Smuttynose Brewery, where she spoke in defense of the Export-Import Bank, a little-known U.S. agency that...

  • DENVER— Construction crews are returning to work at the veterans hospital outside Denver after a last-minute deal with congressional leaders avoided a shutdown of the half-finished project. Congress and the Veterans Affairs Department still must find up to $830 million to finish the vastly over-budget hospital without taking services away from...

  • NEW YORK, May 22- The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report that indicated underlying pressures are building and thereby bolstering the case for the U.S. "Stronger inflation, along with stronger growth data, is something that the Fed certainly wants to see," said Brian Daingerfield, currency strategist at the...

  • NEW YORK— Authorities are investigating a suspicious package found on the lower level of New York City's Grand Central Terminal and have closed the area to the public. Metropolitan Transportation Authority spokesman Adam Lisberg says the package was discovered Friday morning shortly before 9 a.m. at the historic transit hub on the east side of Manhattan.

  • NEW HAVEN, Conn.— Two former Wesleyan University students pleaded not guilty Friday to federal charges they distributed synthetic party drugs that resulted in on-campus overdoses and sent 11 people to hospitals. The defendants, Zachary Kramer, 21, of Bethesda, Maryland, and Eric Lonergan, 22, of Rio de Janeiro, Brazil, appeared in federal court in New Haven.

  • BOSTON— Passengers on a cruise ship that ran aground on a reef near Bermuda during a seven-day vacation shrugged their shoulders and said the mishap was no big deal as they disembarked Friday. "It was really nothing... and we got another day in Bermuda. Fran Kinsall, of New London, Connecticut, was calmed by her husband's Navy experience.

  • U.S. Senate Democrats press for Amtrak funding increase Thursday, 21 May 2015 | 4:44 PM ET

    One day after an Amtrak train derailed on May 12 near Philadelphia, killing eight passengers, the Republican-controlled House Appropriations Committee approved a $1.14 billion Amtrak budget, a $252 million cut from fiscal 2015.. "Philadelphia was preventable and it was predictable," Senator Richard Blumenthal of Connecticut said at a news conference.

  • Connecticut casino bill now faces uncertain path Thursday, 21 May 2015 | 4:00 PM ET

    HARTFORD, Conn.— Legislation creating a two-step process for possibly opening a new tribal casino in Connecticut faces a vote in the state House of Representatives, but the level of support in that chamber remains unclear. House Speaker Brendan Sharkey said Thursday that the majority Democrats, who control the House, have not taken any preliminary vote counts...

  • WASHINGTON— Republican senators advanced legislation Thursday that would ease rules on smaller banks and other requirements of the landmark law reining in Wall Street and the financial industry after the 2008 crisis. But it received no support from Democrats, making its chances of Senate passage slim. Now tables have been turned by last November's...

  • EAST HAMPTON, Conn.— Connecticut Natural Gas announced Thursday it has begun construction on a 10- mile natural gas expansion project in East Hampton, the company's largest such project in 30 years. The gas main will serve nine East Hampton schools and municipal buildings, will reach major businesses and make natural gas an option for more than 400 residential...

  • HARTFORD, Conn.— A Connecticut state board has ruled that Newtown must pay long-term disability to a police officer who developed anxiety and depression after responding to the 2012 shooting rampage at Sandy Hook Elementary School. The Hartford Courant reports the State Board of Mediation and Arbitration ruled Monday that the police contract requires the...

  • FRANKFURT, May 21- Germany's premium carmakers Mercedes, Audi and BMW have teamed up with private equity firm General Atlantic to increase their firepower to acquire Nokia's mapping unit HERE, according to two people familiar with the matter. Finland's Nokia started a strategic review of its maps business last month, setting in motion an auction process that...

  • Felix Rappaport, president and chief executive officer of Foxwoods, said the 315,000- square-foot Tanger Outlets with 80 stores is intended to attract visitors who don't necessarily play the slot machines or work the poker tables. Foxwoods, which is promoting the Tanger Outlets with weekend activities that include a tightrope walk 80 feet up by Nik Wallenda,...

  • WOLCOTT, Conn.— The town of Wolcott on Thursday became the first in the state to begin using a new 911 system that will allow police to pinpoint the location of emergency calls made from cellphones. The town's Next-Gen 911 system is part of a pilot program that eventually will include the police departments in New Britain, Wilton, Enfield, Newington, Valley Shore,...

  • Achillion sinks after partnering with Johnson & Johnson Wednesday, 20 May 2015 | 11:38 AM ET

    Investors started shedding Achillion shares early Wednesday, less than a day after the drugmaker announced a partnership with pharmaceutical giant Johnson& Johnson that snuffed out the prospect of a near-term acquisition. Achillion representatives said during a conference call that Johnson& Johnson will make a $225 million equity investment in their...

  • Murphy seeks change in trade bill to boost manufacturing Wednesday, 20 May 2015 | 10:48 AM ET

    Chris Murphy, an opponent of a Pacific-trade compact now before the Senate, is seeking to change it to include a provision supporting U.S. manufacturing. The Connecticut Democrat has offered an amendment to prohibit federal agencies from waiving requirements that they purchase goods manufactured in the U.S. if an American company can produce the same item at...