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United Technologies Corp. said Wednesday its fourth-quarter profit rose nearly 11 percent, propelled by growth in its aerospace businesses. Total revenue increased 1 percent.
The warning from the ratings agency could not have been more direct: The parent company of the Mohegan Sun faces a "wall of debt" due early this year as the casino, struggling with rising competition and a weak economy that's hammered consumer spending, tries to refinance hundreds of millions of dollars in loans.
United Technologies Corp.'s acquisition of Goodrich Corp. could push its revenue up 10 percent next year but will not add to profit until 2013, its chief executive said Thursday.
After spending millions of dollars to run a state complex with fuel cells, partly to boast of their size and also to tout a homegrown industry, Connecticut officials concede privately that the cost is too high and they're looking to get out of a complicated, long-term contract.
A lawsuit filed Wednesday seeks to block new regulations by the state Dental Commission that make it illegal for nondentists to provide certain teeth-whitening procedures at salons and shopping malls.
Connecticut's attorney general said Wednesday he will research whether the state's largest power utility broke any laws in its handling of outages that left thousands of people in the cold and the dark for more than a week in the wake of a pre-Halloween snowstorm.
The state of Connecticut is providing NBC Sports a $20 million low-interest loan in a deal announced Tuesday that is expected to create 450 jobs there as the sports entertainment company moves much of its production out of New York.
United Technologies Corp. said Wednesday that its third-quarter profit jumped nearly 11 percent. Strong demand from emerging-market countries propelled orders at several of its aerospace and building systems businesses.
The damaged docks and scattered oysters left after Tropical Storm Irene tore through Long Island Sound this summer reveal only some of the problems Connecticut oystermen face in trying to rebuild their industry along the Mystic River.
At a gritty industrial site occupied a century ago by a textile mill, five universities are collaborating to install supercomputers that will recreate the start of the universe and perform other research.
America's wars since the attacks of Sept. 11, 2001 have been a boon for the maker of Black Hawk helicopters, a workhorse the U.S. military has relied on heavily to strike targets and ferry troops in Iraq and Afghanistan.
Connecticut Attorney General George Jepsen has closed hundreds of public corruption investigations and several high-profile probes of businesses that were launched by his predecessor, Richard Blumenthal, a longtime consumer advocate who left the post earlier this year to become a U.S. senator.
Financial services giant UBS will receive $20 million in state loans over five years in exchange for a commitment by the company to keep a minimum of 2,000 jobs at its Connecticut headquarters, which includes the world's largest trading floor, Gov. Dannel P. Malloy said Tuesday.
Hundreds of relatives, friends and colleagues of eight workers who were killed at a beer distributor marked the anniversary of the shootings by dedicating a small park with eight memorials outside the warehouse.
To Joseph Vrabely Jr., the cavernous, century-old industrial building on a site polluted by oil and metals is a thing of beauty.
Cigna announced Tuesday it will add at least 200 jobs in the next two years at its Bloomfield site in exchange for a $50 million package of tax credits and will change its headquarters from Philadelphia to the Connecticut location.
Connecticut has become the first state to require companies to provide employees with paid sick leave with legislation signed into law by Gov. Dannel P. Malloy, who announced his action Tuesday.
Nearly three dozen states have rejected the idea of requiring sprinkler systems in homes by enacting legislation or rules that prohibit mandatory installation.
Everything is big with New York's Empire State Building, so upgrading the 20th century elevators running up and down its 102 floors without disrupting thousands of office workers, visitors and tourists each day is no small task.
With few slaughterhouses in New England equipped to process beef on a large scale, Paul Miller ships cattle from his dairy farm in eastern Connecticut about 300 miles to a meatpacker in Pennsylvania.
A number of Massachusetts communities are confronting the long and painful task of rebuilding shattered lives and livelihoods Friday, just days after three deadly tornadoes flattened more than 200 homes, killed at least three people and scattered debris across the state.
Tornadoes roared through Massachusetts on Wednesday, as violent winds caused damage in about two dozen communities, ripping off roofs, uprooting trees, scattering debris and leaving at least four dead throughout the state.
Tornadoes roared through Massachusetts on Wednesday, including its third-largest city, where debris slammed into buildings and startled workers and residents who were heading out for the evening commute.
Lawyers representing Fairfield, Conn., asked the state's Appellate Court on Thursday to reverse a lower court ruling that the town cannot make claims for losses due to disgraced financier Bernard Madoff's fraud.
Sada Thompson, the durable matriarch of stage and screen who won a Tony Award for her portraits of three sisters and their mother in the 1971 comedy "Twigs" and an Emmy Award for playing the eternally understanding mother in the television series "Family," has died at age 81.
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