Latest Headlines

Millstone opponents: Early shutdown could cost $680M+

Matt Pilon |

A lobbying group of power plant owners continue its assault on Millstone Power Station, which has asked lawmakers to let it compete in state-led competitions for power contracts with utilities.

FuelCell Energy to supply Navy base

Danbury’s FuelCell Energy said it has signed a power purchase agreement to install and operate two of its electrochemical power plants that will supply electricity to the U.S. Navy submarine...

GM owes CT, others $120M in ignition flap

Gregory Seay |

Connecticut will share in a tentative $120 million settlement with General Motors over allegations the auto giant hid safety issues tied to faulty ignition switches in certain car models, authorities...

Assa Abloy buying August Home

Gregory Seay |

The New Haven-based U.S. arm of Swedish manufacturer Assa Abloy has agreed to acquire California smart-lock maker August Home.

CT lost 2,000 jobs in Sept.

Gregory Seay |

Connecticut shed 2,000 jobs in September yet the jobless rate declined to 4.6 percent, state labor authorities say.

CT pitches Hartford, Stamford regions to Amazon

Patricia Daddona |

Gov. Dannel P. Malloy and mayors from the Hartford and Stamford regions announced Thursday they've completed applications to Amazon with hopes the online retail giant will choose Connecticut to build...

Bankruptcy a plausible option, as Hartford's fiscal crisis peaks

Matt Pilon| Patricia Daddona |

Three men with intricate knowledge of municipal bankruptcy told a Hartford audience Thursday morning that a Chapter 9 bankruptcy would be painful, but that it could set the Capital City on a path to...

Webster posts record 3Q net

Gregory Seay |

Waterbury super-regional lender Webster Bank's parent booked record third-quarter earnings, driven by greater income from loan interest and fees.

'Unprecedented' hurricane activity rains on Travelers 3Q profits

Patricia Daddona |

Property and casualty insurer Travelers, which has major operations in Hartford, posted a steep drop in third-quarter profits Thursday, attributing the decline largely to losses from this season's...

Farmington Bank's 3Q net soars

Gregory Seay |

First Connecticut Bancorp Inc., parent of Farmington Bank, posted a 48 percent rise in third-quarter net, propelled largely by interest income from loans.

Most Popular on Facebook
Copyright 2017 New England Business Media