| Nov 4, 2012
No one today can overlook that it's California's self-indulgent initiative process that's attracting the big political bucks into the state, the way a magnet attracts scrap iron. Year in, year out, the torrent of spending on initiative campaigns swamps...
| Jun 5, 2012
| 4:24 AM
WASHINGTON (AP) — The faltering U.S. job market has prompted economists to take a much dimmer view of the country’s growth prospects. That’s a shift from just a few weeks ago, when many were upgrading their forecasts.
| Dec 7, 2011
| 4:34 PM
Citigroup Inc. shares fell on Wednesday after Chief Executive Vikram Pandit said the bank will lay off 4,500 employees as it attempts to trim costs in an "extremely challenging operating environment."...
| Oct 4, 2011
| 4:34 PM
After two days of declines, stocks were wavering this morningon encouraging words from Fed chief Ben Bernanke and discouraging words from European finance ministers. As politics plays a bigger role in determining the direction of stocks, hedge funds are...
| Jul 13, 2010
| 8:26 AM
GlaxoSmithKline agreed to pay about $460 million to resolve a majority of lawsuits alleging the company's Avandia diabetes drug can cause heart attacks and strokes, people familiar with the accords said.
Glaxo, the U.K.'s biggest drugmaker, agreed to...
| Mar 13, 2011
Travelers to Europe this year are discovering unwelcome ride-alongs: new and heftier surcharges for flights and cruises. They may even pay more to get to their U.S. gateway airport. Blame the rising price of oil, driven by widening world demand and...
| Oct 2, 2011
Editor's Note: With no net job creation here in two decades, Connecticut needs jobs. Our editorial and five other views on this page offer thoughts on getting people back to work. We'd like to hear what you think is the key to creating jobs as well: Email...
| Sep 3, 2011
| 5:01 AM
NEW YORK — The government on Friday sued 17 financial firms, including the largest U.S. banks, for selling Fannie Mae and Freddie Mac billions of dollars worth of mortgage-backed securities that turned toxic when the housing market collapsed.
| Jan 27, 2012
| 1:21 PM
Gov. Dannel Malloy's estimate of pension savings over 20 years was wrong by $3.1 billion, the legislature's nonpartisan fiscal office said Friday.
Malloy had announced that the state would save $4.8 billion over 20 years from a negotiated deal last...
| Jan 24, 2012
| 6:02 PM
WASHINGTON (AP) — Mitt Romney's tax returns tell the tale: Yes, he's rich — really rich.
His returns, spanning more than 500 pages and released under political pressure Tuesday, represent an extraordinary financial accounting of one of the...
| Jan 24, 2012
| 12:28 PM
WASHINGTON (AP)— Mitt Romney’s newly released tax returns represent an extraordinary accounting of the household finances and far-reaching corporate investments of one of the richest U.S. presidential candidates in generations, with an...
| Jul 23, 2008
| 1:29 PM
This can't be good for the campaign of the presumptive Republican presidential nominee John McCain. The IRS is trying to serve a summons on Swiss bank UBS AG seeking information on U.S. taxpayers who may have used the bank to gin up records to avoid...