No Image

CT's People's United to acquire Farmington Bank

Bridgeport super-regional lender People's United Bank is acquiring community lender First Connecticut Bancorp Inc., the holding company parent of Farmington Bank, for approximately $544 million.
No Image
Legal & Courts

Municipalities sue PURA over broadband decision

The Connecticut Conference of Municipalities has filed a lawsuit challenging a recent regulatory decision that has implications for high-speed internet service in the state.
No Image

Foxwoods CEO Rappaport dies suddenly

Foxwoods Resort Casino President and CEO Felix Rappaport died unexpectedly on Monday, the Mashantucket Pequot Tribal Nation announced.

Rocky Hill pharmaceutical distributor to close; 105 jobs lost

San Francisco-based pharmaceutical giant McKesson Corp. will close its Rocky Hill distribution center, leaving 105 people without jobs, according to a Department of Labor filing.
No Image
Print Edition | Economy & Labor

Amid record U.S. stock buybacks, CT corporates keep focus on M&A

Federal tax cuts have prompted record U.S. stock buybacks and dividend hikes, but Connecticut's major corporations are directing cash elsewhere.