Gov. Dannel P. Malloy says he doubts financial services giant UBS will keep 2,000 jobs in Stamford over five years as part of its 2011 agreement in exchange for $20 million in state incentives.
Connecticut’s congressional delegation is praising a new $592 million Pentagon contract with jet engine maker Pratt & Whitney for the seventh lot of propulsion systems for the F-35 Lightning II aircraft.
A research group says Connecticut real estate is in a slump, with home sales and prices continuing to fall.
Mohegan Sun faces financial peril after losing out to Wynn Resorts in its bid to open a casino in the Boston-area, a Moody’s Investor Service analysis warns.
Suffolk Downs, New England’s only thoroughbred horse racing track, has told its workers it will close by year’s end because Mohegan Sun did not win a Massachusetts casino license.
New England’s only thoroughbred horse racing track says it will close by the end of the year because Mohegan Sun did not win a Massachusetts casino license.
Foxwoods CEO Scott Butera, a key figure in the restructuring of the casino’s $2 billion debt, is stepping down at the end of next month to pursue an opportunity outside the gaming industry, the tribe that owns the casino announced Wednesday.
The Minnesota Twins have cut ties, for now, with the New Britain Rock Cats as their Double-A Minor League Baseball affiliate.
A lawsuit filed Monday blames civilian makers of an Army Black Hawk helicopter for a fatal crash in Georgia eight months ago, saying manufactures failed to install a tiny part that caused the tail rotor to malfunction and sent the aircraft spinning out of control.
Business executives and economists are set to gather at a conference to review what’s going well in Connecticut and what isn’t.
Fire destroyed the nineteenth century Bevin Brothers bell manufacturing plant in East Hampton.