Attorney General George Jepsen has concluded that the legal risks in authorizing a new third casino in the state of Connecticut are "not insubstantial." He issued his formal opinion to Governor Dannel Malloy on Monday.
Lawmakers are struggling with the legal risks the state may encounter in giving its blessing to a third casino in the state. The legislature’s Public Safety Committee heard more than nine hours of testimony in a public hearing Thursday, the majority of it on two bills which would open up commercial gaming in the state in different ways.
The U.S. added 235,000 jobs in February, while the unemployment rate nudged down a tenth of a percentage point to 4.7 percent. The monthly report released Friday by the Bureau of Labor Statistics fell roughly in line with economists' expectations: Healthy economic growth continuing January's strong showing.
Ray Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, is stepping down. Dalio posted a public note that he will no longer lead the Westport, Connecticut-based firm company as of April.
Another big flight announcement for Bradley Airport today; United Airlines is to launch a daily nonstop flight from Hartford to San Francisco. It joins American Airlines' Los Angeles service in connecting Connecticut with the West Coast.
The partnership between the state’s two federally-recognized Indian tribes said it’s just days away from revealing where it would like to build the state’s planned third casino. East Windsor and Windsor Locks are the two towns still in the running.
Aetna CEO Mark Bertolini continues to make headlines with his frank views. Wednesday, one day after announcing the end of his company's merger plans with Humana, he had some choice words for the Wall Street Journal, when asked about the future of Obamacare.
As one health insurance mega-merger becomes history, the other has a less certain end. Cigna said it wants to terminate its agreement with partner Anthem, despite the fact that Anthem has filed an appeal over the court ruling denying the tie-up.
At least one of the health insurance industry's mega mergers is off for good. Aetna and Humana said Tuesday they will not appeal the judge's ruling in the recently decided anti-trust case, which denied their $34 billion tie-up. Hartford-based Aetna will now pay Humana a $1 billion break-up fee.