A group representing Connecticut retailers is hailing Thursday's decision by the Supreme Court that will allow states to collect sales tax on online purchases. The 5-4 decision strikes down a 1992 case that restricted states from collecting sales tax from retailers that do not have a physical presence in their state.
When the Dow Jones industrial average was created more than 120 years ago, it included 12 companies. Nearly all of the names faded away long ago: United States Leather Co., Distilling & Cattle Feeding Co., Chicago Gas Light And Coke Co.
The Massachusetts Cannabis Control Commission won't issue the first marijuana business license until the end of next week at the earliest, and regulators already have more than 50 applications waiting for their consideration.
It appears Connecticut's proposed third casino in East Windsor may be one step closer. The Department of the Interior says it's about to issue an approval for the amendment of the financial compact that the state has with the Mohegan Tribe.
The Trump administration made good on threats to impose tariffs on some of the nation's closest allies Thursday, announcing it will no longer exempt Canada, Mexico and the European Union from previously announced levies on steel and aluminum.
The announcement was made in Paris by Commerce Secretary Wilbur Ross.
Governor Dannel Malloy is hoping to position the state as a hub for the expanding offshore wind farm industry. There are currently seven offshore wind projects in the planning pipeline for the Northeast.
Treasury Secretary Steven Mnuchin and other top U.S. trade officials ended a round of talks in Beijing on Friday, failing to secure large goals that ranged from cutting the trade imbalance by $200 billion by the end of 2020 to stopping China from targeting U.S. technology and intellectual property.
Both sides say the talks will continue with quarterly meetings.
MGM announced Thursday it plans to open its Springfield, Massachusetts, casino slightly ahead of schedule, on August 24. The news comes amid speculation the casino giant is wavering on its commitment to the project.
Legislative leaders say they may consider a special session to look at potential problems with the state’s tax incentive programs for businesses. An audit of economic development incentives administered by state officials has found inaccuracies in both the level of tax credits and the amount of job creation achieved by the companies that benefited.