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Latest Connecticut Financial

Earns Aetna

Aetna Purchasing Britain-Based Insurer

HARTFORD, Conn. (AP) _ Aetna Inc. plans to broaden its international reach with the acquisition of InterGlobal, a British company that offers private medical insurance for groups and individuals in the Middle East, Asia, Africa […]

11/25/2013

Kevin Lembo (Courtesy Office of the State Comptroller)

State Comptroller to Seek Second Term

HARTFORD, Conn. (AP) _ Connecticut State Comptroller Kevin Lembo says he’s seeking a second term, hoping to continue advocating for greater transparency in government spending. The 50-year-old Democrat announced Tuesday he filed the necessary paperwork […]

11/19/2013

SAC Capital (Spencer Platt/Getty Images)

SAC Capital Pleads Guilty In $1.8 Billion Deal

NEW YORK (AP) _ As promised, SAC Capital Advisors has pleaded guilty to criminal fraud charges in a record $1.8 billion deal with the government. The company’s longtime general counsel Peter Nussbaum entered the plea […]

11/08/2013

SAC Capital (Spencer Platt/Getty Images)

Resolution Proposed In SAC Capital Case

A hedge fund owned by a Connecticut billionaire has agreed to plead guilty to fraud charges and to pay a $1.8 billion financial penalty, federal prosecutors said Monday.

11/04/2013

Pratt & Whitney engine, Air Force C 17 (Michael Urban/DDP/Getty Images)

Pratt, Machinists Open Talks

Jobs will likely be the top issue as jet engine manufacturer Pratt & Whitney and the union for Machinists open contract talks this week.

10/29/2013

Joint Strike Fighter (Carl deSouza/AFP/Getty Images)

Billion Dollar Pratt Contract For Joint Strike Fighter Engines

East Hartford-based Pratt & Whitney has signed a $1 billon contract to build F-35 engines for the Pentagon’s Joint Strike fighter program.

10/24/2013

(Courtesy Dominion Resources)

IBEW Seeks To Unionize Millstone Workers

Connecticut’s only nuclear power plant and an electrical workers union are facing off over a union organizing drive.

10/22/2013

(Courtesy United Technologies website)

UTC Quarterly Profits Up, Company Warns Weak Military Market Will Hurt 2013 Numbers

United Technologies Corp. says third-quarter profit edged up 1 percent on a slight increase in revenue, but warned that a weak military aerospace market will cut into 2013 revenue.

10/22/2013

winchester map

Town Still Waiting For News On Bank Loan Application

WINSTED, Conn. (AP) – Winsted officials are seeking financial help to avoid closing local schools. The Republican-American reports that Superintendent of Schools Thomas M. Danehy has told the state Board of Education he might have […]

10/21/2013