Nearly 100,000 employers in Connecticut are about to get sticker shock as the state mails annual tax bills to pay interest on its $433 million federal loan for unemployment benefits for workers let go during the Great Recession.
The state Insurance Department has rejected a 12.5 percent rate increase proposed by Anthem Blue Cross and Blue Shield, Connecticut’s largest health insurer.
Aetna’s second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer beat analyst expectations and raise its 2014 earnings forecast again.
Pfizer’s second-quarter earnings plunged 79 percent from last year, when the world’s second-largest drugmaker booked a business spinoff gain of more than $10 billion, but results in the most recent quarter still edged analyst expectations.
The U.S. Secretary of Commerce is joining a Connecticut business executive and U.S. Sen. Chris Murphy to pump up support for a banking agency targeted for elimination by conservative Republicans.
Shark-themed clothing and souvenirs have been flying off the shelves of Cape businesses.
Chick-fil-A has set the tentative opening date for its first of four Connecticut restaurants.
The Pentagon is resuming test flights of its new-generation F-35 fighter while investigating the cause of an engine fire last month, but the plane, with Pratt & Whitney Engines, will operate with restrictions and will not fly in the Farnborough International Airshow in England.
Word of a limited return to flight for the military’s new F-35 has prompted speculation that the fighter, with its Pratt and Whitney engines, will make an appearance at the Farnborough International Airshow in England this week.
Alcoa on Monday signed a $1.1 billion deal to make jet engine parts for a unit of United Technologies Corp.
Fire destroyed the nineteenth century Bevin Brothers bell manufacturing plant in East Hampton.