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Connecticut

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  • 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...

  • NEW LONDON, Conn.— President Barack Obama has argued for action on climate change as a matter of health, environmental protection and international obligation. Those who deny global warming are putting at risk the United States and the military sworn to defend it, he told cadets at the U.S. Coast Guard Academy. "Make no mistake, it will impact how our military defends...

  • Under that agreement, the state receives 25 percent of the slot machine revenue generated at the tribes' Foxwoods Resort Casino and Mohegan Sun while the tribes have exclusive rights to casino gambling in Connecticut. Jepsen said the original legislation could make it easier for other Connecticut tribes to open casinos if they win recognition and could be...

  • HARTFORD, Conn.— Federal authorities are investigating a Connecticut gun-maker after agents found nearly 3,000 assault rifle parts missing serial numbers, according to recently filed court documents. Bureau of Alcohol, Tobacco, Firearms and Explosives agents seized nearly 300 of the AR-15 parts from Stag Arms in September following routine inspections,...

  • As a part-time customer service representative at a Wal-Mart in Sacramento, California, Henderson is one of an estimated 40 million American workers for who calling in sick is a luxury. "I'm super afraid of getting sick," said Henderson, 29, who slathers on hand sanitizer at work in hopes of fending off illness. And since San Francisco started requiring that in...

  • Photronics posts 2Q profit Monday, 18 May 2015 | 4:36 PM ET

    BROOKFIELD, Conn. _ Photronics Inc. on Monday reported fiscal second-quarter earnings of $10.1 million. The Brookfield, Connecticut- based company said it had net income of 14 cents per share. Photronics shares have risen 15 percent since the beginning of the year.

  • NEW YORK, May 18- U.S. "There's been the bias to sell into strength," said Ed Atkins, Treasury strategist at RBS Securities in Stamford, Connecticut. On Monday, the National Association of Home Builders said its index of members' sentiment fell to 54 points in May from 56 in April, falling short of a forecast increase to 57 among economists polled by Reuters.

  • STAMFORD, Conn.— Charter Communications plans to take more time to negotiate its $10.4 billion purchase of fellow cable provider Bright House Networks, but the companies say they remain committed to reaching a deal under the terms announced earlier this spring. Charter CEO Tom Rutledge said in a statement Monday that the addition of Bright House would give his...

  • NEW HAVEN, Connecticut— Federal Reserve Chair Janet Yellen has been awarded her second Yale University degree, a doctor of social science. Yellen was honored Monday at the Ivy League school's 314th commencement. She received a Ph.D. in economics from Yale in 1971..

  • TREASURIES-U.S. bond prices fall on profit-taking Monday, 18 May 2015 | 10:20 AM ET

    NEW YORK, May 18- U.S. "There's been the bias to sell into strength," said Ed Atkins, Treasury strategist at RBS Securities in Stamford, Connecticut. On Monday, the National Association of Home Builders said its index on its member sentiment fell to 54 points in May from 56 in April, falling short of a forecast increase to 57 among economists polled by Reuters.

  • NanoViricides reports 3Q loss Monday, 18 May 2015 | 7:42 AM ET

    WEST HAVEN, Conn. _ NanoViricides Inc. on Monday reported a loss of $251,000 in its fiscal third quarter. The West Haven, Connecticut- based company said it had a loss of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Amtrak liable for no more than $200 million in crash Monday, 18 May 2015 | 3:16 AM ET

    WASHINGTON— For the first time, Amtrak could face a $200 million payout to train crash victims— the limit set by Congress. An Associated Press review of past cases found that Amtrak never before has been liable for a $200 million payout for a single passenger rail incident. The train, which left Washington headed to New York, was moving at more than twice the speed...

  • HARTFORD, Conn.— Installers of rooftop solar panels are learning that Connecticut's embrace of solar energy has its limits. Lawmakers, however, removed a proposed $200 cap on municipal application fees, which Elizabeth Gara, executive director of the Connecticut Council of Small Towns, said could erode municipal revenue. The average fee is $396, according to...

  • May 16- Cerberus Capital Management is letting its investors sell their stakes in Remington Outdoor and will take the gun maker out of its main private equity funds and put it into a separate financial entity, the New York Times reported. The private equity firm had pledged to sell Remington Outdoor, formerly called the Freedom Group, after the deadly 2012 school...

  • NEW YORK— The trains that link global centers of learning, finance and power on the East Coast lumber through tunnels dug just after the Civil War, and cross century-old bridges that sometimes jam when they swing open to let tugboats pass. The railroad's importance became all the more apparent after Amtrak Train 188 derailed Tuesday as it sped around a curve in...

  • Menendez said he hoped the crash would serve as a reminder to Congress of the need for infrastructure improvements. They noted that while Congress is fighting over whether to allocate $1.4 billion to Amtrak, China is spending $128 billion on its rail systems this year. Two other Democratic U.S. senators and rail safety advocates, Charles Schumer of New York and...

  • Charles Schumer launched another push to get Congress to pay for train safety technology and infrastructure improvements in the wake of the derailment. "It's also important for Congress to assess and understand the related safety and infrastructure policies currently in place in order to determine what next steps may be necessary," he said.

  • PrimeEnergy posts 1Q profit Thursday, 14 May 2015 | 1:48 PM ET

    STAMFORD, Conn. _ PrimeEnergy Corp. on Thursday reported first-quarter earnings of $13,000. On a per-share basis, the Stamford, Connecticut- based company said it had net income of less than 1 cent. PrimeEnergy shares have declined 23 percent since the beginning of the year.