• Senators call on GM CEO to fire top lawyer Thursday, 17 Jul 2014 | 10:34 AM ET

    WASHINGTON— Lawmakers demanded General Motors fire its chief lawyer and do more to help crash victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches. Thursday's grilling was GM's fourth appearance before Congress, but senators aren't done with their investigation.

  • How states fared on unemployment benefit claims Thursday, 17 Jul 2014 | 9:30 AM ET

    The Labor Department says weekly applications for unemployment aid fell 3,000 to a seasonally adjusted 302,000. The less volatile four-week average has slipped to 309,000, the lowest reading since June 2007, about five months before the Great Recession began. California: Down 4,008, due to fewer layoffs in the service industry.

  • NEW YORK, July 16- U.S. crude oil rose more than $1 on Wednesday, rebounding from recent steep drops after government data showed the country's crude stockpiles fell sharply last week.

  • NEW YORK, July 16- U.S. benchmark Treasury yields edged lower on Wednesday, slipping back from an early boost delivered after data suggesting the world's largest economy is on solid footing. Prices are high and you have the Fed nicely priced in, "said David Ader, head of government bond strategy at CRT Capital Group in Stamford, Connecticut.

  • NEW YORK, July 16- U.S. crude oil rose more than $1 on Wednesday, rebounding from recent steep losses after government data showed crude stockpiles in the world's largest oil consumer fell sharply last week.

  • WASHINGTON, July 16- Two U.S. senators on Wednesday unveiled a bill prompted by the General Motors Co recalls over defective ignition switches that would make it a crime for corporate officers to conceal dangers posed by their products.

  • July 16- Apple Inc has agreed to pay $450 million to resolve U.S. state and consumer claims the iPad manufacturer conspired with five major publishers to fix e-book prices, according to court records filed Wednesday.

  • LONDON, July 16- U.S. oil prices extended gains to over a dollar, hitting more than $101 a barrel on Wednesday after government data showed crude stocks in the world's largest oil consumer fell sharply last week.

  • Union: We'll keep talking to avoid NY rail strike Wednesday, 16 Jul 2014 | 10:14 AM ET

    MINEOLA, N.Y.— The chief negotiator for the unions at the nation's largest commuter railroad emerged from the restart of talks Wednesday citing progress and vowing to continue working toward a deal that avoids a strike set for 12:01 a.m. Sunday.

  • Connecticut firm continues bid for Philly utility Wednesday, 16 Jul 2014 | 9:50 AM ET

    Officials at the company, UIL Holdings Corp., "have decided to continue our efforts to pursue this acquisition and become a new business partner in the city of Philadelphia," James Torgerson, president and CEO of New Haven, Connecticut- based UIL, said in a statement.

  • Boeing's stock soared nearly 80 percent last year, outperforming the Dow Jones Industrial Average and the S&P 500 index. But as indexes pushed higher this year, investors sent Boeing down 5.7 percent amid concern that the aviation business cycle may have peaked and that Boeing's ability to produce positive surprises is limited.

  • Ax throw, log climb at Adirondack lumberjack class Wednesday, 16 Jul 2014 | 2:14 AM ET

    The annual Adirondack Woodsmen's School is being held this summer amid the tall pines and placid waters of Paul Smith's College. I had to come, "said the incoming Paul Smith's freshman from Riverside, Connecticut.

  • Impax Labs get subpoena in price fixing probe Tuesday, 15 Jul 2014 | 5:46 PM ET

    July 15-- Impax Laboratories said it was subpoenaed by the Connecticut Attorney General regarding an investigating into possible price fixing of its generic heart drug, digoxin. Besides price fixing, the investigation is also to determine if there was an allocation or dividing of customers or territories, the company said in a regulatory filing.

  • NEW YORK, July 15- The dollar climbed against most other leading currencies on Tuesday after Federal Reserve chief Janet Yellen championed continuing loose U.S. monetary policies to boost employment and stagnant wages.

  • NY invests in nanotech with General Electric Tuesday, 15 Jul 2014 | 1:48 PM ET

    NISKAYUNA, N.Y.— New York state is teaming with General Electric Co. and other companies on a $500 million initiative to spur high-tech manufacturing of miniature electronics, Gov. The state will invest $135 million for the collaborative program, which will be based out of the SUNY College of Nanoscale Science and Engineering in Albany.

  • Wagering, revenue continue tumble at Conn. casinos Tuesday, 15 Jul 2014 | 10:51 AM ET

    Mohegan Sun said total slot machine bets in June totaled $574.9 million, down 10 percent from June 2013. Mohegan Sun said the share of wagers known as revenue was $45.3 million, down 10 percent from June 2013. Foxwoods and Mohegan Sun are looking to expand into Massachusetts to drive up revenue.

  • Dairy Farmers of America ends price suit for $50M Monday, 14 Jul 2014 | 1:56 PM ET

    The lawsuit charged the cooperative, its marketing arm, Dairy Marketing Services, and Dallas- based Dean Foods with working together to monopolize the market for raw milk in the Northeast, driving down prices paid to dairy farmers. Dairy processor Dean Foods Co. agreed to a settlement of $30 million in 2011. Dean Foods also did not admit any wrongdoing.

  • Feds OK higher water temperature for Millstone Monday, 14 Jul 2014 | 11:20 AM ET

    HARTFORD, Conn.— Connecticut's nuclear power plant won permission to use warmer water from Long Island Sound for cooling at the second of its two units, federal regulators said Monday. The approval by the Nuclear Regulatory Commission allows the Millstone 3 unit to use water as warm as 80 degrees Fahrenheit, up from 75 degrees.

  • Energy a focus as leaders meet in New Hampshire Monday, 14 Jul 2014 | 9:35 AM ET

    BRETTON WOODS, N.H.— The premiers of the Eastern Canadian provinces and governors of the New England states said Monday that delivering clean energy to this corner of the United States is one of the most important issues facing the region.

  • NEW YORK, July 14- Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity dating back a decade, before GM's 2009 bankruptcy, according to multiple sources familiar with the investigation.