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Investor sues Alexion in class action case

Patricia Daddona |

A shareholder filed a class action lawsuit Thursday against Alexion Pharmaceuticals in connection with the New Haven company's recent disclosure of an internal probe into its sales practices.

Congress should repeal the medical device tax

Gary LeBeau |

Congress typically levies excise taxes to discourage harmful behaviors such as smoking, alcohol consumption and gambling. While those may make strategic sense, it's puzzling when there is a decision...

Rocky Hill shines as economic star in Hartford's 'ring'

Gregory Seay |

Ray Carpentino, the town of Rocky Hill's economic development director, admits to awe upon learning that his community ranked as central Connecticut's top performing municipal economy...

Pratt gets $167.5M DOD contract

Patricia Daddona |

Pratt & Whitney has received a $167.5 million contract for engine materials needed for Lockheed Martin's production of LRIP F-35 planes to the military, the U.S. Department of Defense announced this...

Alexion reveals internal probe into sales practices

Patricia Daddona |

Alexion Pharmaceuticals Inc. has disclosed it is investigating sales practices of its Soliris drug following a complaint by a former employee.

Co-bots, other automation key to Assa Abloy's growth

Gregory Seay |

Tucked into rolling, verdant acreage not far from the Berlin Turnpike is perhaps one of Connecticut's most automated production facilities.

Pratt, Machinists union start contract talks

Howard French | Journal Inquirer |

Pratt & Whitney and Machinists union negotiators kick off contract negotiations today, Nov. 1, to replace the existing labor pact that expires Dec. 4, when union members will vote on the company's...

UTC's Hayes defends free trade, urges public-private partnerships for skills building

Employee education and skills training need to be a priority in the U.S., and businesses need to partner with public institutions, unions and educators to make that happen, said United Technologies'...

Chinese carrier orders jets with Pratt's PurePower engine

Gregory Seay |

Pratt & Whitney Co. says a Chinese air carrier has ordered 18 Airbus A320neo jetliners that will be powered with the East Hartford engine-maker's PurePower geared turbofan engines.

Xerox 3Q net outpaces year prior

Patricia Daddona |

Norwalk-based Xerox, with a division in Wethersfield, registered profits of $181 million for the third quarter, improving on a loss in the same period a year earlier.

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