<![CDATA[NBC Connecticut - Business News]]>Copyright 2017https://www.nbcconnecticut.com/news/business http://media.nbcnewyork.com/designimages/NBC_Connecticut.png NBC Connecticut https://www.nbcconnecticut.comen-usWed, 22 Nov 2017 17:16:33 -0500Wed, 22 Nov 2017 17:16:33 -0500NBC Owned Television Stations <![CDATA[At $1 Billion a Day, Online Shopping Has Set New Record]]> Wed, 22 Nov 2017 15:41:21 -0500 https://media.nbcconnecticut.com/images/213*120/GettyImages-626284396.jpg
It's barely Thanksgiving and online shoppers have already spent $28.6 billion shopping online, 18 percent more than they did last year, according to Adobe Analytics. Cyber Monday, the Monday after...

Photo Credit: Bloomberg/Getty Images]]>
<![CDATA[Toys R Us Cancels Orders Discounted With Coupon Glitch ]]> Wed, 22 Nov 2017 06:15:25 -0500 https://media.nbcconnecticut.com/images/213*120/ToysRUsAP_17262548389553.jpg
Many parents were left frustrated and angry Saturday after their Toys R Us purchases were canceled by the company. Some customers shared three coupon codes online that were intended for use by Toys R Us credit...

Photo Credit: LM Otero/AP, File
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<![CDATA[Justice Dept. Sues to Block AT&T-Time Warner Merger]]> Mon, 20 Nov 2017 17:42:40 -0500 https://media.nbcconnecticut.com/images/213*120/dojGettyImages-578529965.jpg
The Justice Department sued on Monday to block AT&T's merger with Time Warner, calling it an "illegal" combination that harms consumers and stifles innovation, DOJ officials said.AT&T and Time Warner announced...

Photo Credit: Getty Images, File]]>
<![CDATA[Comcast Approached 21st Century Fox About Buying Major Assets: Sources]]> Thu, 16 Nov 2017 17:20:15 -0500 https://media.nbcconnecticut.com/images/214*120/comcAP_17088554910426.jpg
Comcast has approached 21st Century Fox and expressed interest in an acquisition of some of Fox's assets, sources tell CNBC.Comcast is interested in the same set of assets that Disney approached Fox about...

Photo Credit: AP]]>
<![CDATA[CVS Blames Pharmacy Outages on 'Internal Network' Problems]]> Thu, 16 Nov 2017 07:21:18 -0500 https://media.nbcconnecticut.com/images/180*120/CVS_1200x675.jpg
After a major system outages at CVS Health pharmacies due to an "internal network infrastructure issue," since Tuesday, CNBC reported. The cause is unknown according to a CVS spokesperson, CNBC reported.

Photo Credit: Getty ImagesJoe Raedle]]>
<![CDATA[Season for Holiday Jobs Begins]]> Fri, 10 Nov 2017 13:51:37 -0500 https://media.nbcconnecticut.com/images/213*120/Season_for_Holiday_Jobs_Begins.jpg
Starting the search early and being flexible about when you can work will help you land a seasonal job.]]>
<![CDATA[Sean Parker: Facebook Exploits Human 'Vulnerability']]> Thu, 09 Nov 2017 18:47:41 -0500 https://media.nbcconnecticut.com/images/213*120/sn-prkr.jpg
Napster founder and former president of Facebook Sean Parker on Wednesday shared that he believes the social media giant was designed with potentially addictive features that he believes exploit "a vulnerability...

Photo Credit: Justin Sullivan/Getty Images]]>
<![CDATA[ESPN Will Lay Off More Than 100 Staffers After Thanksgiving]]> Thu, 09 Nov 2017 16:51:25 -0500 https://media.nbcconnecticut.com/images/214*120/espn1AP_17038740463693.jpg
Another round of layoffs is hitting ESPN, CNBC has learned.ESPN plans to layoff more than 100 staffers after the Thanksgiving holidays, with SportsCenter in particular expected to lose jobs, a source close to...

Photo Credit: AP]]>
<![CDATA[Chinese Gas Deal Raises Ethics Issues for Ross]]> Wed, 08 Nov 2017 19:17:07 -0500 https://media.nbcconnecticut.com/images/213*120/Wilbur-ross-handshake-china-gas-deal.jpg
On Sunday, the public learned that Commerce Secretary Wilbur Ross never fully divested himself of ownership in a global shipping company — one with ties to Russia’s rulers — when he joined President Donald...

Photo Credit: Rao Aimin/Xinhua via AP]]>
<![CDATA[What Are the 'Paradise Papers'?]]> Tue, 07 Nov 2017 17:08:41 -0500 https://media.nbcconnecticut.com/images/213*120/DIT+NAT+PARADISE+PAPERS+THUMB.jpg
A trove of leaked documents known as the "Paradise Papers" have brought to light the ways wealthy individuals and government officials attempt to avoid taxes and financial transparency.]]>
<![CDATA[21st Century Fox in Talks on Partial Sale to Disney: Sources]]> Mon, 06 Nov 2017 13:48:10 -0500 https://media.nbcconnecticut.com/images/213*120/181741371-Bob-Iger-Fox-Disney.jpg
21st Century Fox has been holding talks about selling most of the company to Walt Disney Co., except for media properties focused tightly on news and sports, people familiar with the situation tell CNBC.The on...

Photo Credit: Michael Loccisano/Getty Images, File]]>
<![CDATA[Marshalls, TJ Maxx Still Paying Workers of Closed PR Stores]]> Mon, 06 Nov 2017 10:36:46 -0500 https://media.nbcconnecticut.com/images/213*120/Marshalls+Generic.jpg
TJX Cos., the parent company of TJ Maxx, Marshalls and HomeGoods, is being praised for continuing to pay its employees in Puerto Rico even though their stores remain closed due to damage from Hurricane

Photo Credit: Getty Images]]>
<![CDATA[Dow Closes at Record High in Wild Session]]> Thu, 02 Nov 2017 15:29:01 -0500 https://media.nbcconnecticut.com/images/214*120/wallAP_17297665403555.jpg
U.S. equities closed mostly higher on Thursday after a wild session as investors examined the details of the tax-reform plan proposed by Republicans, CNBC reported.The plan would permanently lower the...

Photo Credit: AP]]>
<![CDATA[MetLife Laying Off 61 Employees in Bloomfield]]> Thu, 02 Nov 2017 12:39:37 -0500 https://media.nbcconnecticut.com/images/213*120/MetLife+GettyImages-52089884.jpg
MetLife is laying off 61 workers in Bloomfield.

Photo Credit: Getty Images]]>
<![CDATA[Auto Industry Declares War on Trump Over NAFTA]]> Tue, 31 Oct 2017 14:27:44 -0500 https://media.nbcconnecticut.com/images/213*120/Trump-automakers-march-17.jpg
The U.S. automotive industry has largely embraced the benefits of the North American Free Trade Agreement since it went into effect Jan. 1, 1994, which may explain why auto and parts makers have become some...

Photo Credit: Evan Vucci/AP (File)]]>
<![CDATA[Jeff Bezos Is Now the Richest Man in the World With $90 Billion]]> Fri, 27 Oct 2017 14:08:17 -0500 https://media.nbcconnecticut.com/images/213*120/amazonlogpbezos_1200x675.jpg
Jeff Bezos became the richest man in the world Friday morning, after adding nearly $7 billion to his wealth overnight.With Amazon's share price surging Friday morning after its earnings report, Bezos's wealth...

Photo Credit: AP Photo/Ted S. Warren, File]]>
<![CDATA[Construction to Begin on Outlet Shoppes at Rentschler Field]]> Wed, 25 Oct 2017 14:32:15 -0500 https://media.nbcconnecticut.com/images/247*120/Outlet+Shoppes+at+Rentschler+Field+1.jpg


Photo Credit: Horizon Group Properties, Inc. ]]>
<![CDATA[Twitter to Start Labeling Political Ads]]> Tue, 24 Oct 2017 15:17:03 -0500 https://media.nbcconnecticut.com/images/213*120/twitter-logo1.jpg
As political pressure mounts on social media companies to say where ads are coming from, Twitter will reveal more information about political advertising on its platform.Twitter said in a blog post on...

Photo Credit: AP]]>