GO
Loading...

Connecticut

More

  • Malloy budget adviser: State economy is improving Friday, 21 Nov 2014 | 3:01 AM ET

    Dannel P. Malloy said Friday that Connecticut's economy is showing signs of improvement despite a projected $99.5 million revenue shortfall this year and projected $1 billion deficits in each of the next three fiscal years. Karen Buffkin, deputy secretary of the state's Office of Policy and Management, told state lawmakers that employment is increasing,...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • Nov 20- Renowned oil trader Andy Hall's hedge fund Astenbeck Capital Management had a 5 percent loss in October, after performing reasonably well the prior two months amid tumbling oil prices, according to a letter to investors from Hall. Westport, Connecticut- based Astenbeck, which manages approximately $3 billion, is now up 6 percent on the year, Hall said in the...

  • WASHINGTON, Nov 20- President Barack Obama planned on Thursday to ease the threat of deportation for about 4.7 million illegal immigrants, as leading Democrats lined up behind the U.S. leader in the face of Republican attacks. Obama dispatched his chief of staff, Denis McDonough, to Capitol Hill for lunch with Senate Democrats who grilled him on the politics and...

  • Jay Leno cancels gig at Vegas firearms trade show Thursday, 20 Nov 2014 | 5:39 PM ET

    LAS VEGAS— Comedian Jay Leno canceled a planned appearance at a firearms trade show on the Las Vegas Strip after learning that a group representing victims of gun violence was gathering signatures urging him not to attend, his publicist said Thursday. Leno made the decision when he was told the Shooting, Hunting, Outdoor Trade Show is hosted by the National...

  • Malloy trims $54.6 million from state agencies Thursday, 20 Nov 2014 | 4:05 PM ET

    Dannel P. Malloy announced Thursday he is seeking to trim $54.6 million in funding from numerous state agencies to help balance Connecticut's $20 billion budget. The General Assembly's fiscal analysis office has predicted deficits topping more than $1 billion in each of the next two years. The $54.6 million in mid-year cuts includes $47.8 million in...

  • *China, Europe data weigh on market. Treasury debt prices inched higher on Thursday as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan and Europe, and certainly we'll wait and see if...

  • FDA approves Purdue's painkiller that can reduce abuse Thursday, 20 Nov 2014 | 1:46 PM ET

    Nov 20- The U.S. Food and Drug Administration has approved a long-acting narcotic painkiller with abuse-resistant properties made by Purdue Pharma L.P., the agency said on Thursday. The FDA approved the once-daily drug, Hysingla ER, with the expectation that it will reduce, though not necessarily prevent, abuse through snorting or injecting.

  • US approves new, hard-to-abuse hydrocodone pill Thursday, 20 Nov 2014 | 1:16 PM ET

    The FDA said the medication is difficult to crush, break or dissolve. Purdue Pharma's new drug poses a direct commercial challenge to Zogenix's much-debated drug Zohydro, a twice-a-day hydrocodone tablet approved by the FDA last year. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse.

  • Mohegan Sun posts 4Q revenue slide, profit rise Thursday, 20 Nov 2014 | 12:45 PM ET

    HARTFORD, Conn.— Fourth-quarter revenue at the parent company of the Mohegan Sun casinos in Connecticut and Pennsylvania fell from the same period last year, but profit jumped significantly on cost-cutting, the casino operator announced Thursday. The Mohegan Sun in Connecticut and its neighbor, Foxwoods Resort Casino, have faced steadily falling revenue as...

  • Connecticut sees 8th month of job gains in October Thursday, 20 Nov 2014 | 12:16 PM ET

    WETHERSFIELD, Conn.— Connecticut employers added 3,600 jobs last month, the eighth monthly gain this year as the state recovers from the worst recession in decades, the state Labor Department announced Thursday. "Connecticut's job market continues to steadily add jobs this year at the best pace since the recovery began and that growth seems to be drawing more...

  • Takata quality chief shuns national air bag recall Thursday, 20 Nov 2014 | 10:43 AM ET

    WASHINGTON— The global quality chief of Takata Corp. apologized and an official from Honda acknowledged the automaker broke a disclosure law as a Senate committee put the spotlight on a growing problem with exploding air bags. Hiroshi Shimizu, Takata's senior vice president of quality, said the Japanese parts supplier is "deeply sorry and anguished" about...

  • Treasury debt prices rose on Thursday, as investors sought the safety of government bonds amid concerns about global growth following weak manufacturing data from China and Europe. But pessimistic data out of Europe and China outweighed the impact of sturdy U.S. data. "This one snapshot of inflation doesn't undo all the potential headwinds in China, Japan, and...

  • Researcher who found cause of Lyme disease dies Thursday, 20 Nov 2014 | 9:52 AM ET

    HAMILTON, Mont.— The Swiss-born researcher who gained international recognition for discovering the bacteria that causes Lyme disease has died in western Montana. A spokesman at the Daly-Leach Chapel said Wilhelm "Willy" Burgdorfer died from complications of Parkinson's disease Monday in Hamilton. He went to the Rocky Mountain Laboratory in Hamilton as a...

  • U.S. assets in strategies using what are often termed "socially responsible investing" guidelines stood at $6.57 trillion at the start of 2014, or 18 percent of total assets under professional management, up from $3.74 trillion, or 12 percent of the total at the start of 2012, said officials at US SIF- The Forum for Sustainable and Responsible Investment.

  • Tribal police make arrest in casino chips theft Thursday, 20 Nov 2014 | 6:40 AM ET

    UNCASVILLE, Conn.— Tribal police in Connecticut have charged one of two suspects linked to the theft of $7,000 of gambling chips from a casino customer before punching the patron during his escape. Mohegan police arrested Niren J. Davis of Norwich at an appearance Tuesday in Danielson Superior Court. Police said they also have obtained an arrest warrant for 28-...

  • The victim died in a Honda car and at the time the probe focused on the carmaker and Takata Corp, its supplier, and the risk that air bags could rupture, shooting shrapnel into the car. It is not clear what, if any, useful details the material offered by Takata in May 2010 contained or of it would have affected subsequent probes. According to an e-mail exchange between...

  • Nominee for auto safety chief faces uphill climb Thursday, 20 Nov 2014 | 12:06 AM ET

    DETROIT— Mark Rosekind is a nationally known expert in human fatigue. President Obama on Wednesday nominated Rosekind, a National Transportation Safety Board member and a former NASA scientist with a Ph.D from Yale, to be the U.S. government's top auto safety regulator, pending Senate confirmation. The agency has been without a permanent administrator for...

  • Obama picks NTSB member as new auto safety chief Wednesday, 19 Nov 2014 | 5:08 PM ET

    DETROIT— President Obama is nominating a transportation safety and human fatigue expert to revive the troubled agency charged with keeping the nation's highways safe. Mark Rosekind, a member of the National Transportation Safety Board, still must be confirmed by the Senate before he can take over the National Highway Traffic Safety Administration.

  • SAN FRANCISCO, Nov 19- A San Francisco Bay Area entrepreneur and author whose location in an Uber vehicle was allegedly broadcast to a roomful of party-goers without his permission considered legal action against the company and consulted an attorney, he said on Wednesday. He singled out Pando Daily editor Sarah Lacy, saying researchers would be able to prove "a...