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Aetna

Aetna has announced it will move its headquarters to Manhattan, relocating its top executives out of Hartford for the first time since its founding in the city in 1853. The shift will come in late 2018. 

Harriet Jones / WNPR

Yale New Haven Health has announced plans to create forty new jobs in New London as it consolidates its affiliation with the city’s Lawrence and Memorial Hospital. 

JD Lasica flickr.com/photos/jdlasica / Creative Commons

The rumors have been confirmed: Jeff Immelt has announced he’s stepping down as CEO of General Electric, after 16 years in the top job. Immelt was the moving force behind the relocation of GE’s headquarters from Fairfield, Connecticut to Boston. 

Updated at 11:46 a.m. ET

The U.S. economy added 138,000 jobs in May, according to the monthly jobs report released by the Bureau of Labor Statistics on Friday morning.

The national unemployment rate nudged lower, to 4.3 percent from 4.4 percent — a 16-year low. The 4.4 percent level had been the lowest since since 2007, before the recession hit.

Harriet Jones / WNPR

New Haven-based Alexion pharmaceuticals, the company that specializes in the treatment of rare diseases, has been undergoing some turmoil in its executive ranks. That news is raising questions about the drug-maker's stability, and what it could mean for the city.

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