Financial

Latest Connecticut Financial

Connecticut State Capitol (WTIC's Michael Guerrera)

Committee Advances Tax Package

By SUSAN HAIGH   Associated Press   HARTFORD, Conn. (AP) _ Gov. Dannel P. Malloy’s proposed $55-per-person tax refund cleared a key hurdle Tuesday, passing the General Assembly’s tax-writing committee with mostly Democratic support. The concept […]

04/01/2014

connecticut-state-capitol_16x9

Comptroller: State Surplus Grows

(Hartford, Conn./CBS Connecticut) – Connecticut’s budget surplus for the current fiscal year continues to grow. According to state Comptroller Kevin Lembo, Connecticut is poised to end FY 2014 with a surplus of $504.9 million. Lembo, […]

04/01/2014

(Courtesy United Technologies website)

UTC Reports Revenue Up, But Steep Drop In Fourth-Quarter Profit

United Technologies Corp. is reporting a steep drop in fourth-quarter profit, but its revenue edged up.

01/22/2014

A billboard sums up the 2005 search for Jennifer Wilbanks, who fled Georgia before her wedding day. (Getty Images)

Wedding Insurance Expands As Nuptials Get Pricier

Plans cover everything from extreme weather to cold feet.

01/21/2014

(Courtesy United Technologies website)

UTC Quarterly Report Due Next Week

United Technologies Corp. is expected to post a modest increase in revenue for the fourth quarter and stronger sales growth for 2013, while its emphasis on cost-cutting drives a stronger boost in profit.

01/17/2014

JC Penney

Penney’s Closing Meriden Store

MERIDEN,Conn. (CBS Connecticut) -The J.C.Penney store in the Meriden Square Mall is one of 33   the retailer says is under-performing and will close by early May.Penney’s will also be cutting  two thousand jobs in an […]

01/15/2014

(Justin Sullivan/Getty Images)

Target Data Breach Concern Grows

By ANNE D’INNOCENZIO AND MICHELLE CHAPMAN AP Business Writer    NEW YORK (AP) _ Fallout from Target’s pre-Christmas security breach is likely to affect the company’s sales and profits well into the new year. The […]

01/10/2014

(Getty Images)

Education Commissioner Calls For Probe Of Winchester School Funding

State Education Commissioner Stefan Pryor’s office is calling for an investigation into whether the town of Winchester is underfunding its schools.

01/07/2014

Nappier, Denise

Treasurer to Run Again

HARTFORD, Conn. (AP) _ Connecticut State Treasurer Denise Nappier says she is seeking a fifth term in office. Citing what she called “proven experience,” the Democrat announced Monday she has filed paperwork with the State […]

12/23/2013