The Connecticut Senate approved raising the minimum wage to $10.10 an hour by 2017, the same rate the president wants for the federal minimum wage.» Read More
NEW YORK, April 24- Major U.S. companies including Clorox and Kraft are favoring more bonds in the mix for their employees' defined benefit pension plans, even amid signs the three-decade bull run in bonds is on its last legs.
Total U.S. money market mutual fund assets rose by $7.32 billion to $2.58 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell by $5.60 billion to $907.28 billion, the Washington- based mutual fund trade group said Thursday.
WASHINGTON, April 24- The U.S. Senate Banking Committee appears likely to back a bill to wind down government-backed mortgage giants Fannie Mae and Freddie Mac, according to sources familiar with talks on the legislation.
April 24- Dunkin' Brands Group Inc, the parent company of Dunkin' Donuts and Baskin-Robbins ice cream stores, on Thursday reported lower-than-expected quarterly results as extreme cold weather put a chill on U.S. customer visits.
NEW YORK— Dunkin' Donuts is trying to get more people in the habit of drinking iced coffee regardless of how warm it is outside, as many do in its hometown in the Northeast. That makes it a lot more profitable for chains such as Dunkin' Donuts, which is based in Canton, Mass., and has more than 7,700 locations in the U.S.
NEW YORK— Postal workers around the country protested in front of Staples stores on Thursday, objecting to the U.S. Postal Service's pilot program to open counters in stores, staffed with retail employees.
HARTFORD, Conn.— Connecticut launched its newest tourism campaign Thursday, marketing the state as an attraction offering a lot without a long drive. It will appear in nearby markets such as the New York City area, Hartford- New Haven, Providence, R.I., and western Massachusetts.
LONDON, April 24- Russia- themed equity funds have sunk to the bottom of performance league tables as international tensions over Ukraine and fear of tougher Western sanctions hurt the value of Russian assets.
BOSTON, April 23- The FBI has warned healthcare providers their cybersecurity systems are lax compared to other sectors, making them vulnerable to attacks by hackers searching for Americans' personal medical records and health insurance data. FBI spokeswoman Jenny Shearer declined comment on the private industry notification, or PIN.
BUENOS AIRES, Argentina— If the latest development in culinary social media catches on, the trendiest restaurants may no longer be restaurants. Cookapp, which recently moved its headquarters from Buenos Aires to New York City, works like a matchmaker, arranging intimate gourmet dinners between strangers.
*AT&T falls after results, but Boeing rallies. *Amgen drags biotech lower, but Gilead gains. NEW YORK, April 23- U.S. stocks edged lower on Wednesday as weakness in AT&T and biotech names inspired investors to take profits following six straight days of gains, though a rally in Boeing limited losses.
GEORGETOWN, Guyana— People in the South American country of Guyana are pressuring the government to improve its 911 emergency system amid accusations that numerous calls about serious incidents are going unanswered.
WESTON, Mass.— Biogen Idec raised its forecast for the year as first-quarter net income increased 12 percent, helped by a revenue boost from the multiple sclerosis treatment Tysabri and a product approval. It received regulatory approval in Europe earlier this year, following approval last year from the U.S. Food and Drug Administration.
The number of single-family homes sold dropped almost 12 percent in March compared with the same month a year ago, while the median price jumped more than 8 percent to more than $314,000, according to the Waltham- based Massachusetts Association of Realtors.
ANN ARBOR, Mich.— A degenerative eye disease slowly robbed Roger Pontz of his vision. It's exciting— seeing something new every day, "Pontz said during a recent appointment at the University of Michigan Kellogg Eye Center. The facility in Ann Arbor has been the site of all four such surgeries since FDA approval.
YARMOUTH, Maine— The number of baby lobsters settling off the rocky coast of Maine continues to steadily decline— possibly foreshadowing an end to the recent record catches that have boosted New England' s lobster fishery, scientists say.
April 22- The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.
BOSTON— An unmanned submarine has recorded some of the most detailed images of two American ships that sank off the coast of England during World War II, according to the Massachusetts company that surveyed the wreckage to mark the disaster's 70th anniversary.
WASHINGTON— Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.
HONOLULU— A partially paralyzed Maui man who claimed airline workers forced him to crawl on and off flights in 2012 has settled his lawsuit against Delta Air Lines, his lawyer said Monday.