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Gaw Miners CEO pleads guilty to wire fraud

Matt Pilon |

The CEO of now-defunct Bloomfield cryptocurrency operator Gaw Miners plead guilty Thursday in Hartford federal court to one count of wire fraud, according to federal prosecutors.

Green Bank gets prestigious gov’t award

Matt Pilon |

The Connecticut Green Bank beat out approximately 500 competitors for a government innovation award from Harvard University, which comes with a $100,000 prize.

Power line inspections to continue into next week

Matt Pilon |

An Eversource helicopter will be traversing many parts of the state over the next week inspecting high-voltage lines, the utility company said.

Prudential announces organizational restructuring

Patricia Daddona |

Newark, N.J., financial services company Prudential Financial, which has a strong presence in Hartford, is reorganizing its five businesses into three groups, a change that will not affect Hartford...

CT's job gains continued in June

Gregory Seay |

Connecticut added 7,000 jobs in June and the private sector appears closer to fully recovering all the jobs lost during the Great Recession, state labor authorities say.

S&P Global downgrades CT's capacity to support local gov'ts

Patricia Daddona |

In the absence of a state budget, S&P Global Ratings said Thursday it has lowered its assessment of Connecticut's capacity to support local municipalities financially.

Windsor Locks water main work looms

Gregory Seay |

The water utility serving Windsor Locks says it soon will begin a $500,000 water-main replacement along a stretch of West Street.

People's United buying Philly financier

Gregory Seay |

Bridgeport lender People's United Bank is acquiring a Philadelphia commercial-equipment financier.

Travelers' 2Q net drops 10%

Patricia Daddona |

The Travelers Cos. posted a 10 percent decline in profits in a second quarter marked by higher catastrophe losses from hail and tornado activity and a lower underlying underwriting gain.

Farmington Bank parent's 2Q net climbs

Gregory Seay |

The parent of Farmington Bank posted a steep climb in second-quarter net, driven by strong loan sales and deposit growth.

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