Connecticut business news

Cyber Monday Nets Record $1.74B

Cyber Monday Nets Record $1.74B

Shoppers bought online at the heaviest rate ever Monday, according to research firm comScore Inc., The... Read »

Dec 4, 2013
Record Crowds Over Weekend, But Spending Declined

Record Crowds Over Weekend, But Spending Declined

Retailers drew crowds with early discounts, however they failed to motivate shoppers to Read »

Dec 2, 2013
Amazon Bringing More Than 300 Full Time Jobs to Windsor

Amazon Bringing More Than 300 Full Time Jobs to Windsor

Amazon is bringing more than 300 full time jobs to Connecticut that will offer competitive wages and... Read »

Nov 21, 2013
Stocks Surge, Dow Closes Above 16,000 for 1st Time

Stocks Surge, Dow Closes Above 16,000 for 1st Time

The Dow Jones industrial average has closed above 16,000 on Thursday for the first time ever, with stocks buoyed to... Read »

Nov 22, 2013
JPMorgan Inks $4.5 Billion Settlement with Investors

JPMorgan Inks $4.5 Billion Settlement with Investors

JPMorgan has reached a $4.5 billion settlement with a raft of institutional investors who lost money... Read »

Nov 15, 2013
Dow, S&P Log Record Highs on Investors' Holiday Cheer

Dow, S&P Log Record Highs on Investors' Holiday Cheer

The Dow and the S&P 500 closed at new record highs Wednesday as the strong holiday outlook from Macy's... Read »

Nov 13, 2013
Starbucks to Pay Kraft $2.76 Billion After Contract Dispute

Starbucks to Pay Kraft $2.76 Billion After Contract Dispute

Starbucks now owes Kraft Foods $2.76 billion after it ended the companies' grocery deal at least three years early... Read »

Nov 12, 2013
SAC Capital Pleads Guilty in Insider Trading Probe

SAC Capital Pleads Guilty in Insider Trading Probe

SAC Capital pleaded guilty Friday as part of its mammoth $1.8 billion plea deal with the feds, marking a key step in... Read »

Nov 8, 2013
Twitter Goes Public

Twitter Goes Public

Trading on the New York Stock Exchange under the symbol TWTR at a starting price of $26 a share, Twitter is... Watch »

Nov 7, 2013
Twitter's $2 Billion Test: Turning Profits for Wall St.

Twitter's $2 Billion Test: Turning Profits for Wall St.

In the seven years since its creation, Twitter has been used to spark revolutions, allow fans to chat... Watch »

Nov 7, 2013
Twitter Prices IPO at $26 a Share

Twitter Prices IPO at $26 a Share

Twitter has set a price of $26 for its initial public offering of stock, which means the company's shares can begin... Read »

Nov 6, 2013
Starbucks to Recruit 10,000 Veterans, Spouses

Starbucks to Recruit 10,000 Veterans, Spouses

Starbucks says it plans to hire at least 10,000 veterans and military spouses over the next five years. Read »

Nov 6, 2013
Wall St. Thinks Fed Will Keep Up Stimulus Until April: Survey

Wall St. Thinks Fed Will Keep Up Stimulus Until April: Survey

Wall Street thinks the Fed won't end its stimulus program until the end of next year and won't stop buying... Read »

Oct 29, 2013
Mortensen’s in Newington Closing, But Will Still Serve Ice Cream

Mortensen’s in Newington Closing, But Will Still Serve Ice Cream

The landmark Mortensen’s Restaurant on the Berlin Turnpike in Newington will close at the end of the year and reopen... Read »

Oct 28, 2013
Stocks Close Higher on Belief Fed Stimulus Will Continue

Stocks Close Higher on Belief Fed Stimulus Will Continue

Stocks closed higher Tuesday with the S&P 500 hitting a new high above 1,750 after a tepid September jobs report... Read »

Oct 22, 2013
Airlines Trim Seats to Trim Costs

Airlines Trim Seats to Trim Costs

U.S. airlines are removing bulky seats and replacing them with streamlined models that allow room for another row. Watch »

Oct 15, 2013
Great Reset: How the Great Recession Changed Financial Habits

Great Reset: How the Great Recession Changed Financial Habits

Five years after the collapse of Lehman Brothers and the triggering of the financial crisis, frugality is king when... Watch »

Oct 7, 2013
Northeast Utilities to Outsource IT Jobs

Northeast Utilities to Outsource IT Jobs

Northeast Utilities, the parent company of Connecticut Light & Power and Yankee Gas among others, plans... Read »

Oct 1, 2013
Siemens to Lay Off 250 in Brookfield

Siemens to Lay Off 250 in Brookfield

Siemens Healthcare Diagnostics Inc. in Brookfield will be closing its Brookfield facility in 2016 and 256 jobs... Read »

Oct 1, 2013
Shoppers Surprised by Money Hidden in Grocery Items

Shoppers Surprised by Money Hidden in Grocery Items

Shoppers in the Salem, Oregon area have been finding $100 bills tucked away in grocery items throughout Watch »

Sep 25, 2013
Get Fit With NBC Connecticut!
The Health & Wellness Festival is back in 2014! Read more
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