<![CDATA[NBC Connecticut - Business News]]> Copyright 2015 http://www.nbcconnecticut.com/news/business http://media.nbcbayarea.com/designimages/NBC_Connecticut.png NBC Connecticut http://www.nbcconnecticut.com en-us Fri, 31 Jul 2015 13:34:24 -0400 Fri, 31 Jul 2015 13:34:24 -0400 NBC Owned Television Stations <![CDATA[Student Loan Rates Drop, But For How Long?]]> Tue, 07 Jul 2015 14:29:08 -0400 http://media.nbcconnecticut.com/images/213*120/CN12T07072015_1200x675_479329347941.jpg
More than 1.2 trillion dollars in student loans are taken out by more than 40 million consumers, with an average balance of about 29 thousand dollars. Last week, the interest rate on those federal loans dropped...]]>
<![CDATA[What's Going on in Greece? And How It Affects You]]> Tue, 30 Jun 2015 08:59:55 -0400 http://media.nbcconnecticut.com/images/213*120/NC_lv50tweb_1500x845.jpg
Monday's stock slide has investors nervously awaiting Tuesday's opening bell amid the Greek Crisis and an emerging crisis in Puerto Rico.]]>
<![CDATA[Chicago McDonald's Faces Complaints Over Employee Burns]]> Tue, 17 Mar 2015 18:09:10 -0400 http://media.nbcconnecticut.com/images/213*120/mcds-protest-1.jpg
McDonald's employees in Chicago lobbied for more safety standards at the restaurant. Demonstration comes one day after employees around the nation filed 28 health and safety complaints against the Oak...

Photo Credit: Susan Carlson]]>
<![CDATA[Social Reaction to Chargers-Raiders Stadium News]]> Fri, 20 Feb 2015 17:33:25 -0400 http://media.nbcconnecticut.com/images/213*120/chargers+raiders+stadium+rendering+13.jpg
News that rival professional football teams the San Diego Chargers and the Oakland Raiders are joining forces on a proposal that could have them share a Southern California stadium surprised many when it...

Photo Credit: MANICA Architecture
This story uses functionality that may not work in our app. Click here to open the story in your web browser.]]>
<![CDATA[Elite Jumping Horses of Cuba ]]> Thu, 19 Feb 2015 12:32:39 -0400 http://media.nbcconnecticut.com/images/213*120/AP247924812525_CubaHorses.jpg
Already renowned for fine rum and fancy cigars, Cuba is carving out a new luxury niche that is attracting Latin American elites to the communist-run island: elite jumping horses.

Photo Credit: AP]]>
<![CDATA[U.S. Gas Prices Falling Below $2]]> Thu, 22 Jan 2015 11:36:46 -0400 http://media.nbcconnecticut.com/images/213*120/gas-prices-461831632.jpg
Now is the perfect time to start planning a road trip, because by the end the weekend, the national average for gas prices is predicted to fall below $2 a gallon. But fill up your tanks, because these record low...

Photo Credit: Scott Olson/Getty Images]]>
<![CDATA[Target to Shut Down Stores in Canada]]> Thu, 15 Jan 2015 13:02:32 -0400 http://media.nbcconnecticut.com/images/213*120/453903966.jpg
Target says it will shut down 133-store Canadian operation after failed expansion

Photo Credit: Lucas Oleniuk/ Getty Images]]>
<![CDATA[UTC CEO Steps Down Immediately, CFO Takes Over]]> Mon, 24 Nov 2014 16:03:18 -0400 http://media.nbcconnecticut.com/images/213*120/Louis+Chenevert+1200.jpg
The chairman and chief executive officer of Hartford-based United Technologies Corporation has retired, effective immediately, according to a statement on the company’s Web site.

Photo Credit: Getty Images]]>
<![CDATA[Report: Big Clippers Tax Write-Off]]> Mon, 27 Oct 2014 02:50:26 -0400 http://media.nbcconnecticut.com/images/213*120/tlmd_steve_ballmer_clippers_microsoft.jpg
Billionaire Steve Ballmer bought the Los Angeles Clippers in August for $2 billion, but he could write off as much as half of that amount in taxes by 2030, according to an analysis by the Financial Times.]]>
<![CDATA[Market Basket Board OKs $1.5 Billion Sale to Ousted CEO]]> Thu, 28 Aug 2014 23:49:32 -0400 http://media.nbcconnecticut.com/images/213*120/Market+Basket.jpg
Market Basket's board of directors has signed a deal to sell the grocery chain to former CEO Arthur T. Demoulas for more than $1.5 billion, following months of massive employee protests and customer boycotts...]]>
<![CDATA["Millennial" Market Not Lovin' McDonald's: Report]]> Tue, 26 Aug 2014 14:51:11 -0400 http://media.nbcconnecticut.com/images/213*120/McDonalds-Blitz-Box.jpg
It looks like millennials aren’t munching on McDonald’s as much as they used to.

Photo Credit: AP]]>
<![CDATA[Ballmer Leaves Microsoft Board]]> Tue, 19 Aug 2014 22:58:14 -0400 http://media.nbcconnecticut.com/images/216*120/Steve+Ballmer+Clips+1.JPG
Steve Ballmer on Tuesday left Microsoft's Board of Directors, citing new commitments as owner of the Los Angeles Clippers, a day after publicly stepping into his role with the team.]]>
<![CDATA[McDonald's to Sell Packaged Coffee in Supermarkets: Report]]> Tue, 19 Aug 2014 13:42:12 -0400 http://media.nbcconnecticut.com/images/216*120/050509+McCafe+Picture+p11.jpg
Fans of McCafe will be lovin’ the latest McDonald’s news. The fast food chain announced plans to start selling its packaged coffee at supermarkets across the nation by early next year, the Associated Press...]]>
<![CDATA[Chicago Lands "Star Wars" Museum]]> Thu, 26 Jun 2014 18:03:58 -0400 http://media.nbcconnecticut.com/images/213*120/george-lucas-r2d21.jpg
Chicago has come out on top in the intense competition for the Lucas Cultural Arts Museum. City Hall officials confirmed that the city has beat out San Francisco and Los Angeles for the museum, which will host...

Photo Credit: Getty Images]]>
<![CDATA[Bad News for Amazon Prime Members]]> Thu, 13 Mar 2014 16:52:01 -0400 http://media.nbcconnecticut.com/images/213*120/amazon-453056767.jpg
If you've ever wanted to sign up for Amazon Prime, you have a week to do so before a big price hike takes effect. The cost of a standard "Prime" membership is set to set you back $99, up from $79.

Photo Credit: Bloomberg via Getty Images]]>