Flamboyant '90s New Haven real estate mogul charged in alleged Florida real estate scam

Few flew higher in 1990s New Haven and Connecticut than flamboyant real estate investor and businessman Robert V. Matthews.

Melinta narrows 4Q losses; Alexion's Soliris replacement on par with original

New Haven antibiotics maker Melinta Therapeutics posted smaller fourth-quarter losses in 2017 compared to the year before, the company said in its first quarterly earnings report since going public...

Old Saybrook restaurant owner gets prison for tax evasion

The owner of an Old Saybrook pizza restaurant will spend three months in prison for failing to pay taxes on more than $765,000 he took in at his Boston Post Road eatery, authorities said.


North Haven shop owner pleads guilty in fencing operation

A North Haven man pleaded guilty in federal court last week to participating in a New Haven fencing operation that allegedly bought and sold almost $6 million of stolen goods, authorities said.

Wells Fargo to help fund financial counseling for NH residents

New Haven will be one of 12 municipalities nationwide to benefit from a $1 million Wells Fargo donation to a fund that provides free financial counseling in underserved areas.

Precipio to pay Crede Capital $1.9M in settlement

New Haven-based Precipio said this week it has settled a lawsuit with investment group Crede Capital stemming from the biotech's merger with Nebraska-based Transgenomic last June.

Sports Haven operator lobbies for legalized sports betting

Sportech Venues Inc., the operator of 16 parimutuel betting parlors across Connecticut including Sports Haven in New Haven, lobbied lawmakers Thursday to legalize sports betting. The UK-based company...

Anthem's Wallingford space set for foreclosure

The two-story Wallingford office building housing insurer Anthem Health and engineering firm Burns & McDonnell is slated for foreclosure, a New York realty-debt tracker says.

Clinton-based CT Water to merge with Calif. water utility

Connecticut Water Service and a California water utility agreed Thursday to merge in a $750 million deal they say will create the nation's third-largest water utility.

Trendy Korean chicken franchise enters New Haven market

Bonchon Chicken, an international restaurant chain featuring Korean-style fried chicken, has opened its first area eatery at 170 College Street in downtown New Haven.

Sky Management closes on $35M industrial portfolio in Cheshire and Meriden

Sky Management Services, a real estate company with offices in New York and Philadelphia, recently made a significant investment in Meriden and Cheshire, purchasing three industrial properties for...

European approval sought for Melinta antibiotic

Melinta Therapeutics announced this week that its partner is seeking permission to sell the firm's successful antibiotic delafloxacin in Europe.

Biohaven pays $50M to restructure migraine drug license agreement

Biohaven Pharmaceuticals Holding Company Ltd. announced this week it would pay Bristol-Myers Squibb $50 million as part of a deal to restructure its licensing agreement with the pharmaceutical giant...

Sports Haven owner to upgrade betting systems at Pa., PR parimutuels

Sportech Racing and Digital, operator of 18 parimutuel betting parlors in Connecticut, including Sports Haven in New Haven, recently announced new contracts to upgrade betting systems at betting...

New Haven region adds 1,000 new jobs in January, second highest in state

The New Haven area had the second highest job growth rate in the state in January, adding 1,000 new positions during the month, according to the state Department of Labor.

New Haven chamber’s new prez brings diverse background, optimism to the job

Garrett Sheehan is a young man for all seasons. Not yet 40, the Middlefield native has been a local TV anchor and reporter, commanded soldiers in Afghanistan, earned MBA and law degrees and clerked...

Clinton-based CT Water makes interim CEO permanent

Clinton-based Connecticut Water Service has named its longtime chief financial officer, who had been serving as an interim leader, CEO.

Biohaven's losses increase in 4Q

Biohaven Pharmaceutical Holding Company Ltd. reported a larger fourth-quarter loss as the company continued to pour money into R&D, the company said this week.

Branford drug startup sets IPO price at $11 a share

BioXcel Therapeutics Inc.'s stock began trading on the Nasdaq Thursday at $11 a share in an initial public offering aimed at raising $60 million.The Branford company, which uses artificial...

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