Top News & Analysis Connecticut

  • *China unveils retaliatory tariffs on U.S. goods. Aug 23- U.S. stock indexes slumped nearly 2% on Friday after President Donald Trump told U.S. companies they should look for ways to close their China operations, following Beijing's announcement that it would impose retaliatory tariffs on U.S. goods. Trump's assertion that the U.S. would be "far better off" without...

  • *China unveils retaliatory tariffs on U.S. goods. Aug 23- Wall Street's three main indexes lost more than 1% on Friday after President Donald Trump ordered U.S. companies "to immediately start looking for an alternative to China" in response to Beijing's threat to impose retaliatory tariffs on U.S. goods. Earlier in the day, China vowed to impose additional tariffs...

  • NEW YORK, Aug 19- U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies. On Sunday, German Finance Minister Olaf...

  • NEW YORK, Aug 19- U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. On Sunday, German Finance Minister Olaf Scholz suggested that Berlin could make available up to 50 billion euros of extra spending. "Those are positive stories, and...

  • Premium: Yankees Brian Cashman

    The video shows New York Yankees general manager Brian Cashman last Friday calmly exiting his car at a Darien, Connecticut, gas station, with his hands raised in the air, as the officer yells at the baseball executive to get out.

  • HOUSTON, Aug 7- Oil prices tumbled nearly 5% on Wednesday after an unexpected build in U.S. crude stockpiles and on fears of slowing demand, but halved their losses in post-settlement trade on talk that Saudi Arabia was mulling options to halt crude's descent, alongside other producers. Brent crude futures settled down $2.71, or 4.6%, at $56.23 a barrel, the lowest...

  • $27 billion 10- year note sale. That came in the wake of several Asian central banks lowering their key interest rates to address growth concerns stemming from the escalating trade war between China and United States. Rate cuts in New Zealand, India and Thailand touched off a flood of buying of longer-dated bonds in Asia, which persisted into European and U.S....

  • HOUSTON, Aug 7- Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing. Brent crude futures were down $2.52, or 4.3%, at $56.42 a barrel by 11:57 a.m. CDT, setting a seven-month low.

  • Aug 5- Walmart Inc said on Monday there has been no change in its policy on gun sales after two mass shootings over the weekend, including one at a Walmart store, left 31 people dead in Texas and Ohio. The weekend shooting in Texas unfolded at a popular Walmart store in the border city of El Paso, killing 22 people. The petition calls on Walmart to stop selling firearms,...

  • Aug 5- Walmart Inc said on Monday there has been no change in its policy on gun sales after two mass shootings over the weekend, including one at a Walmart store, left 31 people dead in Texas and Ohio. The weekend shooting in Texas unfolded at a popular Walmart store in the border city of El Paso, killing 22 people. The petition calls on Walmart to stop selling firearms,...

  • *Trump calls China currency move' manipulation'. NEW YORK, Aug 5- China let its yuan weaken below 7 to the dollar on Monday, an 11- year low, adding to broad risk aversion on concerns about the escalation of the U.S.- China trade war. Now that weve broken that, risk appetite has taken a hit, said Brian Daingerfield, head of G10 FX strategy for the Americas at NatWest Markets...

  • NEW YORK, Aug 5- Stock markets around the world fell hard and the Chinese yuan weakened to an 11- year low on Monday as fears of an escalation in the U.S.- China trade war jolted financial markets. China on Monday let the yuan tumble beyond the key 7- per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further...

  • The fraud and conspiracy charges against former CEO Michael Carroll and former CFO Michael Pappagallo follow guilty pleas to those charges last month by two other former Brixmor officials, chief accounting officer Steven Splain and senior vice president of accounting Michael Mortimer. Brixmor, a New York- based real estate investment trust with about 421...

  • Aug 1- The maker of the assault-style rifle used in the 2012 mass shooting at a Newton, Connecticut, school asked the U.S. Supreme Court on Thursday to overturn a court ruling that allowed families of the victims to sue the company over its marketing practices. Gun maker Remington Outdoor Co made its plea to the nation's top court after the Connecticut Supreme...

  • Capital One said the prior day that 106 million people who had applied for credit cards in the United States and Canada had their personal data exposed. The bank expects the incident to cost $100- $150 million this year, some of which may be covered by a sizeable insurance policy. By Tuesday morning, a class-action lawsuit had been filed in federal court and the...

  • July 30- Capital One Financial Corp was sued on Tuesday after the bank said a hacker who has since been arrested accessed personal information belonging to about 106 million people in the United States and Canada. The lawsuit seeking class-action status was filed in the federal court in Washington, D.C. by Kevin Zosiak, a Stamford, Connecticut resident who said...

  • WASHINGTON, July 29- Colorado and major automakers said on Monday they have reached a deal on the state's plan to adopt California's zero-emission vehicle requirements after earlier talks had ended without a deal. The state, which plans to join the California program starting in the 2023 model year, has agreed to allow automakers to earn credits for selling...

  • WASHINGTON, July 24- Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday. The consultancy's clients included President Donald Trump's 2016 election campaign.

  • WASHINGTON, July 24- Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy, the U.S. Federal Trade Commission said on Wednesday. "Despite repeated promises to its billions of users worldwide that they could control how personal...

  • New Jersey Gov. Phil Murphy

    New Jersey Governor Phil Murphy joins CNBC's "Power Lunch" team to discuss local and state tax deductions and the decision to join a lawsuit alongside New York and Connecticut to sue the IRS over a charitable deduction rule.