Banking & Finance

General Electric Co. is taking a loss against third-quarter earnings of between $800 million and $1 billion, after confirming reports it...

Native American-owned and operated casinos have grown considerably over the past decade, part of a trend rescripting the U.S. gaming industry...

Electro Energy Inc. in Danbury has received “somewhat of a technical notice” from NASDAQ that its per-share price has dropped below...

More than eight months after signing a gaming compact with the state, the St. Regis Mohawk Tribe and Empire Resorts are...

Catskill Hudson Bank has opened its newest branch in Narrowsburg at Peck’s Market.

A new Citizens Bank branch will  soon welcome shoppers at the entrance of the Dutchess Mall.

Federal regulators approved a request by Citigroup Inc. to open two new Citibank branches in Bridgeport and Fairfield.

The subprime mortgage morass bogged down local hedge funds in August, which have accounted for much of Connecticut’s job growth in...

Via a new $20 million fund, a New Haven bank is offering loans of up to $150,000 to encourage businesses to...

Penwest Pharmaceuticals Co. in Danbury has signed a research and development agreement with Otsuka Pharmaceutical Company Ltd. of Japan to develop...

Business groups and bankers are spooked by the approach of October, when a large number of adjustable-rate mortgages held by homeowners...

Led by Fairfield and Litchfield counties, Connecticut knocked New Jersey out of the top slot among states on A.G. Edwards’ annual...

Markets quake here and abroad as the subprime meltdown plays its hand.

In school a “C” grade is usually viewed as signifying mediocre performance, but when it comes to measuring economic development in...

The heads of several community banks say the subprime meltdown has strengthened their position, even as they have experienced a softening...