<![CDATA[NBC Connecticut - Business News]]>Copyright 2017http://www.nbcconnecticut.com/news/business http://media.nbcnewyork.com/designimages/NBC_Connecticut.png NBC Connecticut http://www.nbcconnecticut.comen-usSun, 19 Feb 2017 23:13:35 -0500Sun, 19 Feb 2017 23:13:35 -0500NBC Owned Television Stations <![CDATA[Noodles & Company Closing 55 Restaurants]]> Tue, 14 Feb 2017 11:51:57 -0500 //media.nbcconnecticut.com/images/213*120/Noodles+and+Company+072616.jpg
Noodles & Company announced plans to close approximately 55 restaurants in the coming months.

Photo Credit: NBCWashington]]>
<![CDATA[Parent Company of Bob's Stores Files for Bankruptcy]]> Mon, 06 Feb 2017 15:33:43 -0500 //media.nbcconnecticut.com/images/213*120/Bobs+stores+1200.jpg
Eastern Outfitters, the parent company of Eastern Mountain Sports and Meriden-based Bob’s Stores, has filed for Chapter 11 bankruptcy.

Photo Credit: NBCConnecticut.com]]>
<![CDATA[Facebook Quarterly Earnings Top Expectations]]> Wed, 01 Feb 2017 16:34:54 -0500 //media.nbcconnecticut.com/images/213*120/red-social-facebook-logo.jpg
Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as grew ad revenue 53 percent in a quarter.Shares rose 3 percent after hours.Facebook's ad...]]>
<![CDATA[Subway Hiring 150 People at Milford Headquarters]]> Tue, 17 Jan 2017 20:04:31 -0500 //media.nbcconnecticut.com/images/213*120/Subway+World+Headquarters+in+Milford.jpg
Subway is hiring more than 150 people at the company headquarters in Milford, Connecticut.

Photo Credit: Subway]]>
<![CDATA[IHOP: Our Twitter Was Hacked]]> Sun, 15 Jan 2017 23:30:16 -0500 //media.nbcconnecticut.com/images/213*120/ihop-deleted-tweet-new.jpg
IHOP said that sometime Sunday morning, the company’s Twitter account was hacked when a politically charged retweet appeared that caused some customers to pledge to never eat their golden fluffy pancakes again.
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<![CDATA[SD Companies Won't Move Chargers]]> Mon, 16 Jan 2017 20:23:55 -0500 //media.nbcconnecticut.com/images/176*120/Dean+Spanos+vs+Jacksonville.JPG
So the Chargers said they are going to move to Los Angeles. Now they actually have to MOVE to Los Angeles. Anyone who has ever moved before understands what an undertaking this is.
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<![CDATA[Adidas Rereleases 'OG' NMD Sneaker]]> Sat, 14 Jan 2017 19:40:10 -0500 //media.nbcconnecticut.com/images/213*120/AdidasNMDLine.jpg
It's well-known that New Yorkers are crazy for fashion. NYPD officers witnessed the chaos first hand as officers responded to calls for crowd control at Adidas' Fifth Avenue location Saturday morning. A line of
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<![CDATA[Yahoo CEO to Resign After Verizon Takeover, Company Says]]> Tue, 10 Jan 2017 03:19:55 -0500 //media.nbcconnecticut.com/images/213*120/YAHOO_AP_16254012507905.jpg
Yahoo Inc. announced Monday that CEO Marissa Mayer, one of the highest-profile women in the predominantly male tech world, will resign once the company's merger with Verizon Communications Inc.

Photo Credit: AP ]]>
<![CDATA[Alibaba CEO Talks Jobs With Trump]]> Mon, 09 Jan 2017 14:14:41 -0500 //media.nbcconnecticut.com/images/213*120/trump-jack-ma.jpg
Jack Ma, the CEO of China-based tech giant Alibaba, met with President-elect Donald Trump in New York City Monday and vowed to focus on small businesses as the company plans its expansion to the U.S."Jack and...

Photo Credit: AP]]>
<![CDATA[Stanley Black & Decker to Buy Craftsman from Sears]]> Thu, 05 Jan 2017 12:03:17 -0500 //media.nbcconnecticut.com/images/213*120/Stanley+Black+and+Decker.jpg
New Britain-based Stanley Black & Decker has reached a deal worth hundreds of millions of dollars to buy the Craftsman brand from Sears and plans to expand the brand as well as sales of the products and...

Photo Credit: NBCConnecticut.com]]>
<![CDATA[Macy's to Close 65 Stores in 2017, Cut 10K Jobs]]> Thu, 05 Jan 2017 10:23:49 -0500 //media.nbcconnecticut.com/images/197*120/GettyImages-2025683.jpg
Macy's announced Wednesday it is shutting down 65 stores in 2017 and eliminating an estimated 10,000 jobs as it battles slowing sales and growing online competition.The closures are part of a previously...]]>
<![CDATA[Ford Cancels Mexico Plant, Will Reinvest in Michigan]]> Tue, 03 Jan 2017 12:27:01 -0500 //media.nbcconnecticut.com/images/213*120/FORD+THUMB.jpg
Ford announced the cancellation of a new $1.6 billion plant in Mexico and will instead reinvest in Michigan.

Photo Credit: Stock Footage]]>
<![CDATA[CEOs of Tesla, Uber and Pepsi Join Trump's Business Council]]> Thu, 15 Dec 2016 06:30:41 -0500 //media.nbcconnecticut.com/images/213*120/elonmusk3.jpg
The real-life Iron Man has agreed to help Donald Trump.Elon Musk, CEO of Tesla and SpaceX joined the president-elect’s business council on Wednesday, NBC News reported. Two other CEOs, Travis Kalanick of Uber and Indra Nooyi of Pepsi have also joined the council.Musk, who was critical of Trump during the presidential race, was seen at the president-elect's private meeting with tech titans on Wednesday.Trump’s Strategic and Policy Forum includes CEOs of some of the country’s largest companies, such as Walt Disney, General Electric, JP Morgan Chase and Wal-Mart. Its purpose is to advise the president-elect on how to create news jobs, according to a press release from Trump’s transition team.

Photo Credit: Getty Images]]>
<![CDATA[Walmart Pulls 'Offensive' Mugs From Website]]> Wed, 14 Dec 2016 07:07:59 -0500 //media.nbcconnecticut.com/images/213*120/walmart+sign+generic+2.jpg
Walmart has removed a mug from its website after numerous shoppers reported it as “appalling” and “offensive.”The black and white coffee mug was posted to the retail giant’s site with the message “Got Retard?” on it.After numerous complaints, and a Change.org petition asking the company to stop selling the mug, Walmart said it had the item from a third-party seller “removed from the site as soon as we were informed.” “This item violated our policy and we quickly removed it,” Walmart said in a statement on Twitter. “It’s unacceptable a seller put it on our Marketplace.”

Photo Credit: Getty Images
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<![CDATA[Hawaii's Last Sugar Mill Closes]]> Tue, 13 Dec 2016 14:48:24 -0500 //media.nbcconnecticut.com/images/213*120/TEST_SugarHarvest1213_MP4_1200x675_831916611858.jpg
Workers delivered the final truckload of cane to Hawaii's last remaining sugar mill Monday, bringing an era that helped define the state to a close. KHNL's Lisa Kubota reports.]]>
<![CDATA[NJ Clinical Lab Hack Exposes Personal Health Info of 34,000]]> Tue, 13 Dec 2016 07:34:47 -0500 //media.nbcconnecticut.com/images/213*120/Quest+Diagnostics_21789268.jpg
Quest Diagnostics announced Monday that it is investigating an unauthorized third-party intrusion into an internet application on its network. In a statement released Monday, the company said the data accessed by the third party "included names, dates of birth, lab results and, in some instances, phone numbers."]]>
<![CDATA[Delta Latest Airline to Upgrade Its Snacks]]> Fri, 09 Dec 2016 09:14:05 -0500 //media.nbcconnecticut.com/images/213*120/delta-snacks.jpg
If it's true that an army travels on its stomach, will better snacks keep passengers loyal to one airline? Delta Air Lines is rolling out new free snacks for customers in the main cabin, including brand-name yogurt bars and pretzels. Some will come in larger portions than before because, Delta has figured out, that's what customers crave. The menu move comes about a year after United Airlines brought back free snacks by offering noshes like stroopwafels — a gooey Dutch confection — and better coffee. Earlier this year, American Airlines restored free snacks on domestic flights. Airline executives say they're focusing on both big and little things in the battle for customers.

Photo Credit: AP]]>
<![CDATA[US Stock Indexes Close at Record Highs ]]> Thu, 08 Dec 2016 16:56:14 -0500 //media.nbcconnecticut.com/images/213*120/GettyImages-628522000.jpg
Major U.S. stock indexes are closing at record highs for the second day in a row, as a post-election rally continued following a key monetary policy announcement from the European Central Bank, CNBC reported.The Dow Jones industrial average briefly rose more than 100 points before closing 65 points higher, with Goldman Sachs contributing the most gains.The S&P 500 closed 0.2 percent higher while the Nasdaq composite rose 0.4 percent."This really is the Trump trade," said Phil Blancato, CEO of Ladenburg Thalmann Asset Management. "This trade is about the potential for a more pro-business economy."

Photo Credit: Getty Images]]>
<![CDATA[Oil Tumbles Amid OPEC Uncertainty]]> Tue, 29 Nov 2016 17:30:47 -0500 //media.nbcconnecticut.com/images/180*120/gasolina-16.jpg
Stocks closed slightly higher on Tuesday, boosted by health-care companies like UnitedHealth Group, as investors digested falling oil prices ahead of a key OPEC meeting.The Dow Jones industrial average closed about 25 points higher. CNBC reported. The S&P 500 gained 0.1 percent while the Nasdaq composite outperformed, closing 0.2 percent higher and hitting a new intraday high of 5,403.86. In energy, oil prices fell sharply after it seemed like a deal to reduce oil production among OPEC nations was starting to fall apart ahead of their meeting Wednesday in Vienna. Benchmark U.S. crude fell $1.85, or 3.9 percent, to close at $45.23 a barrel in New York.

Photo Credit: Getty Images
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