United Technologies' departure another blow to Connecticut
Connecticut's reputation has taken another major blow with the announcement that United Technologies Corp. will be moving its headquarters to Massachusetts as part of its planned merger with Raytheon.
Business Highlights
___ US employers hired a record number of people in April WASHINGTON (AP) — U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job report remains solid.
How major US stock indexes fared Monday
Stocks closed higher on Wall Street Monday after President Donald Trump suspended plans to impose tariffs on goods imported from Mexico.
Kraft and GameStop rise while Spark falls
Stocks that moved substantially or traded heavily on Monday: Raytheon Co., up $1.28 to $187.19
Cellphone-focused video service Quibi planned for April 2020
There's yet another new streaming service coming in the next year.
Markets Right Now: Stocks rise on US deal with Mexico
The latest on developments in financial markets (all times local): 9:35 a.m.
AP: 3 million US students don't have home internet
With no computer or internet at home, Raegan Byrd's homework assignments present a nightly challenge: How much can she get done using just her smartphone?
Lamborghini, Rolls-Royce and Aston Martin luxury car prices dropping significantly: report
Prices for iconic luxury cars are dropping significantly, according to a report, which could be because of the expanding market for luxury cars.
Trump signals frustration with Fed's independent policies
President Donald Trump is complaining that President Xi Jinping enjoys a major advantage in the U.S.-China trade war in that he controls China's central bank while Trump must deal with a Federal Reserve that is "very destructive to us." Trump makes clear in an interview with CNBC his frustration with a system that provides political independence for America's central bank — something most economists see as vital to its credibility.
US Supreme Court will hear Montana arsenic cleanup case
The U.S. Supreme Court will decide whether residents of two Montana communities can continue their decade-long effort to get the Atlantic Richfield Co. to pay for a more thorough cleanup of arsenic left on properties after a century of copper smelting.
PG&E restores power to 20,000 Northern California customers
Pacific Gas & Electric Co. restored power to more than 20,000 customers in Northern California after the company shut it off over the weekend to guard against wildfires amid a heat wave that fueled a blaze still burning in a rural area, officials said Monday.
New York approves sports betting in 4 upstate casinos
Gambling regulators in New York have voted to allow sports betting at four upstate casinos.
Greek president OKs request for early election on July 7
Greece is on track to hold a national election July 7, three months before schedule, after the country's president accepted a request by left-wing Prime Minister Alexis Tsipras to dissolve parliament.
Kraft Heinz: misstatements not quantitatively material
Shares of Kraft Heinz are up sharply in the first day of trading since the company said that financial misstatements in revealed last month were not quantitatively material.
McIlhenny Co. names descendant of Tabasco founder as CEO
The Louisiana-based McIlhenny Co., which produces Tabasco sauce, has named the great-great-grandson of Tabasco creator Edmund McIlhenny as its new president and chief executive officer.
Locusts, devouring hay, plague sheep ranchers in Sardinia
An unusually large swarm of local locusts, estimated in the millions, is plaguing farmers raising sheep and other livestock in Sardinia.
Seniors more likely to work past 65 in these locations, survey says
A study by The Associated Press-NORC Center for Public Affairs Research found that seniors living in major metropolitan areas, especially in the Northeast, were more likely to continue working past age 65 versus those in other areas around the country.
Raytheon and United Technologies to create a defense giant
Raytheon Co. and United Technologies Corp. are merging in a deal that creates one of the world's largest defense companies.
Supreme Court sides with Alabama company in patent dispute
The Supreme Court is siding with an Alabama company over the U.S. Postal Service in a patent dispute.
US employers hired a record number of people in April
U.S. employers hired the most people on record in April, while the number of open jobs was largely unchanged, evidence that the job market remains solid.












