Yale University's endowment posted a 20.2 percent return in the 2014 fiscal year, besting rival Harvard.» Read More
WATERFORD, Conn.— A citizens' panel that oversees safety issues at Millstone Power Station closely questioned representatives of the nuclear plant about whether three recent federal inspections signal a problem with the plant's operation.
WETHERSFIELD, Conn.— Employers in Connecticut cut 3,600 jobs in August, with schools taking a hit due to a quirk in statistical sampling, state labor officials said Thursday. However, the private sector, which comprises about 86 percent of Connecticut's employment, added jobs— 400— for the seventh consecutive month.
GROTON, Conn.— Secretary of the Navy Ray Mabus has thanked Electric Boat and its workers for helping drive down the cost of building big-ticket submarines. He says it allowed the Navy to sign a $17.6 billion contract this year to build 10 Virginia-class submarines in the next five years.
BURLINGTON, Vt.— U.S. Navy Secretary Ray Mabus used Lake Champlain, with its history of a key naval battle in both the American Revolution and the War of 1812, as a backdrop Thursday to announce the naming of the USS Vermont, a nuclear attack submarine due to be built over the next several years.
And the Census Bureau says Thursday median household income in the state also remained flat at about $57,000. The national median income was about $52,000 last year. Among New York's neighbors, it was $68,000 in Connecticut; $66,000 in Massachusetts; $70,000 in New Jersey; $52,000 in Pennsylvania and $53,000 in Vermont.
Maine was ranked last in New England for income, and second-to-last behind Rhode Island for the poverty rate. Glenn Mills, chief economist at the Maine Department of Labor's Center for Workforce Research and Information said Maine has lagged the other states in the region for several years when it comes to income.
NEW YORK, Sept 17- U.S. The Fed pleased many investors by pledging to keep policies accommodative for a "considerable time" but spooked others by raising projections for interest rate levels in 2015 and later, according to Anthony Valeri, investment strategist at LPL Financial in San Diego.
NEW YORK, Sept 17- U.S. The Labor Department said its Consumer Price Index dropped 0.2 percent last month as a broad decline in energy prices offset increases in food and shelter costs.
NEW YORK, Sept 15- Oil prices slid to a 26- month low on Monday, and many other commodities also fell in a selloff that drove a sector benchmark near its lowest level this year on discouraging data out of China along with a stronger U.S. dollar.
*Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.
*Weaker oil demand growth in China and Europe- IEA. NEW YORK, Sept 12- Crude oil prices fell on Friday on pressure from weak demand, ample supplies and a strong dollar. "We've seen a lot of selling pressure lately and concerns of a lot of oil on hand to meet demand," said Gene McGillian, an analyst at Tradition Energy in Stamford, Connecticut.
NEW YORK, Sept 12- U.S. stocks fell on Friday, with major indexes on track to snap five-week winning streaks, as energy shares again led the market down. Exxon Mobil fell 1.2 percent to $95.85 while Chevron Corp was down 0.9 percent at $122.67.
*Weaker oil demand growth in China and Europe- IEA. NEW YORK, Sept 12- Brent oil prices fell on Friday, pressured by a strong dollar, weak demand and ample supplies, while U.S. crude rose, stabilizing a day after hitting 16- month lows.
NEW YORK, Sept 12- U.S. stocks were lower on Friday, with energy again leading the market down after the Treasury department announced new sanctions against Russia. Exxon Mobil Corp fell 0.9 percent to $96.12 on Friday while ConocoPhillips was down 0.9 percent to $78.67.
*Russia, Syria warn against foreign strikes inside Syria. Some traders linked the bounce in U.S. crude to news that Russia said air strikes against Islamist militants in Syria without a U.N. Security Council mandate would be an act of aggression.
NEW YORK, Sept 11- The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.. Alibaba's IPO, which could come as soon as Sept. 19, could raise more than $21 billion and claim Facebook Inc's title of biggest tech IPO.
Treasuries slipped on Thursday for the first time in four days after the outlook for sustained U.S. military involvement in Iraq and Syria and new planned sanctions against Russia drove modest safe-haven bids.
Shares of On Track Innovations Ltd jumped 6.9 percent to $3.55. Net Element Inc more than doubled, up 119 percent to $3.80. But eBay Inc fell 3.1 percent to $51.10 as analysts viewed as a threat to PayPal, its online payment service.
SACRAMENTO, Calif., Sept 10- California businesses will have to provide paid sick leave to most employees under a bill signed on Wednesday by Democratic Governor Jerry Brown, the latest move to aid low-income workers in the most populous U.S. state.
NEW YORK, Sept 9- Two senators asked the federal government to investigate a data breach on the payment-card processing systems of Home Depot Inc and five U.S. states launched a probe into the matter on Tuesday as fallout from last week's attack intensified.