GO
Loading...

Connecticut

More

  • HARTFORD, Conn.— For the leaders of two Connecticut tribes proposing to build new casinos together, some of the toughest crowds to win over have been their own tribes, business rivals with a history of conflict that dates to a massacre nearly 400 years ago. Building the alliance with the Mashantucket Pequot Tribal Nation has reminded Mohegan Tribe Chairman Kevin...

  • Merchant sign-up days are planned for Wednesday at the Middlesex County Extension Center in Haddam and on March 31 at Kellogg Environmental Center in Derby. The state's Department of Agriculture is working with the USA to host the sign-up days. Currently, 156 Connecticut farmers are listed in the USDA's National Farmers Market Directory.

  • About 55 percent of Earned Income Tax Credit recipients reported using a paid tax preparer last year.

  • Companies tap into Vermont's large maple potential Saturday, 21 Mar 2015 | 10:17 AM ET

    ISLAND POND, Vt.— Already, Vermont is maple syrup capital of the U.S., with production traditionally being a side business for farmers. The operation, backed by Wood Creek Capital Management of New Haven, Connecticut, chose northeastern Vermont because of the state's brand and large tracts of high-elevation land, which isn't as affected by climate change, Sweetree...

  • NEW YORK, March 20- U.S. Treasuries yields dipped on Friday, but remained off recent multi-week lows, as traders reverted to buying U.S. government bonds on accommodative central bank policies in the United States and Europe. "People are adding to positions," said Ian Lyngen, senior government bond strategist at CRT in Stamford, Connecticut.

  • NEW YORK, March 18- Citigroup Inc has sued a Connecticut firm founded by two former Goldman Sachs partners for $25 million over losses incurred during the unexpected surge in the Swiss franc in January. Ron Marks, a co-founder of Tormar Associates, in a statement issued on Wednesday called Citigroup's claims "inaccurate." Danielle Romero-Apsilos, a Citigroup...

  • Six months after Alibaba's IPO, the shares are down more than 29 percent from their November high. Alibaba opened on Sept. 19 at $92.70, ended its first day at $93.89 and reached its peak on November 13, when it hit $120. Alibaba, which already commands 80 percent of the Chinese market and handles more ecommerce than Amazon and eBay combined, trades at a...

  • Rowland, once a rising star in the Republican Party, committed the latest crimes as he maneuvered to insert himself in two separate congressional political campaigns. Prosecutors said Rowland was paid $35,000 to work on the failed 2012 campaign of Republican congressional candidate Lisa Wilson-Foley and conspired to hide those payments through a sham...

  • March 17- The founder of the world's largest hedge fund is warning that an anticipated interest rate increase by the Federal Reserve later this year could take a bite out of the economic recovery, saying it could "knock over the apple cart." "Clearly the Fed has created expectations that it will tighten in either June or September and such expectations are...

  • Six months after Alibaba's IPO, the shares are down more than 29 percent from their November high. Alibaba opened on Sept. 19 at $92.70, ended its first day at $93.89 and reached its peak on November 13, when it hit $120. Alibaba, which already commands 80 percent of the Chinese market and handles more ecommerce than Amazon and eBay combined, trades at a...

  • *Wall St stocks broadly lower but Nasdaq rises with Apple. NEW YORK, March 17- Stocks mostly ended lower on Tuesday as investors turned their focus to the Federal Reserve's two-day policy meeting, which is being closely watched for signs of when the U.S. central bank will raise interest rates. Wall Street stocks were broadly lower, pulling back after Monday's rally,...

  • *American Airlines shares up; oil prices fall. The Nasdaq was up slightly, boosted by shares of Apple, up 1.7 percent at $127.03, and Facebook, up 1.7 percent at $79.36. "People are waiting for the Fed to provide some degree of clarity going forward," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.

  • *American Airlines shares up; oil prices fall. Investors were also anxious as the Federal Open Market Committee kicked off its meeting, which will be followed by a statement from Chair Janet Yellen Wednesday afternoon. "People are waiting for the Fed to provide some degree of clarity going forward," said Michael O'Rourke, chief market strategist at JonesTrading...

  • Kevin Brown, chairman of the Mohegan Tribe, said his appearance at Tuesday's Public Safety Committee hearing with Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, underscores the gravity of the situation. The tribes want to build a casino as soon as possible along the Interstate 91 corridor in northern Connecticut to blunt the competition...

  • FactSet misses 2Q profit forecasts Tuesday, 17 Mar 2015 | 7:34 AM ET

    NORWALK, Conn. _ FactSet Research Systems Inc. on Tuesday reported fiscal second-quarter profit of $61.6 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.41 per share. Nine analysts surveyed by Zacks expected $246.4 million.

  • Blyth reports 4Q loss Monday, 16 Mar 2015 | 5:45 PM ET

    GREENWICH, Conn. _ Blyth Inc. on Monday reported a loss of $12.2 million in its fourth quarter. On a per-share basis, the Greenwich, Connecticut- based company said it had a loss of 75 cents. For the year, the company reported net income of $86.8 million, or $5.37 per share, swinging to a profit in the period.

  • NEW YORK, March 16- U.S. Analysts said the rally in the dollar could lead the Fed to reconsider removing the term, however, given the negative impact of the stronger currency on economic competitiveness and inflation in the United States. "It's only a matter of time before the Fed will certainly address the strength of the dollar," said Edward Acton, Treasury...

  • BOSTON— Developers of a casino proposed for southeastern Massachusetts met a deadline Monday for filing license application materials while two other proposals hinge on whether the state Gaming Commission will grant their requests for a deadline extension. The commission deemed Mass Gaming& Entertainment's initial application for a proposed $650...

  • *Signs of nuclear deal and end of sanctions for Iran add pressure. NEW YORK, March 16- Oil prices fell 2 percent on Monday, with U.S. crude hitting six-year lows, on signs of higher output in the United States and Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market. The United States and Iran, meanwhile, inched closer...

  • *Signs of nuclear deal and end of sanctions for Iran add pressure. NEW YORK, March 16- Brent oil fell about 3 percent on Monday and U.S. crude hit six-year lows on signs of higher output in the United States and Libya and a possible nuclear deal that could end sanctions for Iran, allowing more of its oil into the market. The United States and Iran, meanwhile, inched closer...