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Mon, 01 Dec 2008 10:39:00 EST http://www.hartfordbusiness.com/news7331.html American International Group Inc., parent of Hartford Steam Boiler Inspection and Insurance Co., today said it has agreed to sell its wealth management arm AIG Private Bank Ltd. to Aabar Investments PJSC of Abu Dhabi. http://www.hartfordbusiness.com/news7331.html HBJ Today Mon, 01 Dec 2008 10:36:00 EST http://www.hartfordbusiness.com/news7330.html UnitedHealth Group Inc., which has major operations in Hartford, affirmed its 2008 and 2009 earnings guidance today, ahead of its annual investor conference Tuesday in New York City. http://www.hartfordbusiness.com/news7330.html HBJ Today Mon, 01 Dec 2008 10:32:00 EST http://www.hartfordbusiness.com/news7329.html Lifelong Red Sox fans can now take their love of the team to the next level - eternity. http://www.hartfordbusiness.com/news7329.html HBJ Today Wed, 26 Nov 2008 10:40:00 EST http://www.hartfordbusiness.com/news7299.html Pratt & Whitney Rocketdyne acquired a New Jersey company that is its leading supplier of civilian spacecraft and missile propulsion components. http://www.hartfordbusiness.com/news7299.html HBJ Today Wed, 26 Nov 2008 10:34:00 EST http://www.hartfordbusiness.com/news7298.html New Milford-based Glacier Computer signed a deal with value-added computer distributor WAV Inc. in which WAV will market Glacier's line of rugged industrial computers. http://www.hartfordbusiness.com/news7298.html HBJ Today Wed, 26 Nov 2008 10:28:00 EST http://www.hartfordbusiness.com/news7297.html As the financial crisis was gaining force, the government said today Americans cut back on their spending in October by the largest amount since the 2001 terrorist attacks. http://www.hartfordbusiness.com/news7297.html HBJ Today Tue, 25 Nov 2008 10:45:00 EST http://www.hartfordbusiness.com/news7291.html Pratt & Whitney said today its engine built to power the F-35 Joint Strike Fighter successfully completed its first supersonic flight, reaching a top speed of Mach 1.05, or about 680 miles per hour. http://www.hartfordbusiness.com/news7291.html HBJ Today Tue, 25 Nov 2008 10:43:00 EST http://www.hartfordbusiness.com/news7290.html Wachovia Corp. says it will be shutting down its retail mortgage processing operation in Waterbury early next year, costing about 65 people their jobs. http://www.hartfordbusiness.com/news7290.html HBJ Today Tue, 25 Nov 2008 10:39:00 EST http://www.hartfordbusiness.com/news7289.html The Federal Reserve said today it will buy up to $600 billion in mortgage-backed assets in another attempt to deal with the financial crisis. http://www.hartfordbusiness.com/news7289.html HBJ Today Tue, 25 Nov 2008 10:34:00 EST http://www.hartfordbusiness.com/news7288.html Higher assessments fees from the Federal Deposit Insurance Corp. could pressure 2009 earnings and expenses at regional and community banks in Connecticut and elsewhere, an analyst said today. http://www.hartfordbusiness.com/news7288.html HBJ Today Wed, 26 Nov 2008 10:07:00 EST http://www.hartfordbusiness.com/news7296.html General Electric Co. will host a Webcast on Tuesday to update investors on how its financing arm will navigate through the current crisis in financial and credit markets. http://www.hartfordbusiness.com/news7296.html Web Only Wed, 26 Nov 2008 9:21:00 EST http://www.hartfordbusiness.com/news7295.html New jobless claims fell more than expected last week from a 16-year high, the government said today, though they remain at elevated levels due to the slowing economy. http://www.hartfordbusiness.com/news7295.html Web Only Tue, 25 Nov 2008 10:09:00 EST http://www.hartfordbusiness.com/news7287.html Greenwich-based United Rentals Inc. named William B. Plummer as chief financial officer to replace Martin E. Welch, effective Dec. 1. http://www.hartfordbusiness.com/news7287.html Web Only Mon, 24 Nov 2008 12:11:00 EST http://www.hartfordbusiness.com/news7286.html The Internal Revenue Service today issued the 2009 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. http://www.hartfordbusiness.com/news7286.html Web Only Mon, 24 Nov 2008 12:04:00 EST http://www.hartfordbusiness.com/news7285.html Attorney General Richard Blumenthal today filed a brief calling on the Department of Utility Control to reject United Illuminating's request for an $81.5 million rate increase over two years. http://www.hartfordbusiness.com/news7285.html Web Only Thu, 20 Nov 2008 16:00:00 EST http://www.hartfordbusiness.com/news7247.html Job losses in the financial sector pushed Connecticut unemployment in October to 6.5 percent, equal the national jobless rate, the state Department of Labor said today. http://www.hartfordbusiness.com/news7247.html Web Only Thu, 20 Nov 2008 15:58:00 EST http://www.hartfordbusiness.com/news7246.html Treasury Secretary Henry Paulson called the financial crisis now plaguing the world economy a "once or twice" in a 100 years event, even as he warned today against imposing too-strict regulations to prevent a repeat calamity. http://www.hartfordbusiness.com/news7246.html Web Only Thu, 20 Nov 2008 15:54:00 EST http://www.hartfordbusiness.com/news7245.html Saudi Prince Alwaleed bin Talal said today he plans to increase his stake in Citigroup Inc. to 5 percent, and expressed support of the bank's management. http://www.hartfordbusiness.com/news7245.html Web Only Thu, 20 Nov 2008 15:51:00 EST http://www.hartfordbusiness.com/news7244.html GMAC Financial Services has applied to the Federal Reserve to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the Treasury's $700 billion bank rescue plan. http://www.hartfordbusiness.com/news7244.html Web Only Wed, 19 Nov 2008 12:34:00 EST http://www.hartfordbusiness.com/news7238.html A new report shows Massachusetts has remained at the top in economic competitiveness within the nation's 50 states. http://www.hartfordbusiness.com/news7238.html Web Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7316.html Gary A. Carra Jr. could be considered a modern Renaissance man. He’s a veteran community newspaper reporter, editor and publisher; graphic designer; music critic; and now, marketing coordinator for continuing education at Capital Community College in downtown Hartford. http://www.hartfordbusiness.com/news7316.html Keith Griffin Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7325.html The Greater Hartford Bowtie Swap Club has been around for eight years bringing together bow tie wearers from Connecticut and beyond for a twice-a-year informal gathering. Guests enjoy networking, refreshments, socializing and entertainment at The Hartford Club. Pictured, from left, are: Jim Bond, managing director, Horton International; Paul Marchese, senior vice president, St. Germain Investment Management; Mary Anne Guarco, credit manager, State Line Oil; Michael Matty, president, St. Germain Investment Management; Anne Guarco, co-owner, State Line Propane; and Katherine McCormack, director, emergency management, city of Hartford. http://www.hartfordbusiness.com/news7325.html Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7319.html Crisis precedes dramatic change, and for proponents of property tax reform in Connecticut, the crisis is not here yet. Oh, it’s painful for homeowners out there, but not so painful that the general public is demanding, in clear and angry tones, a solution. http://www.hartfordbusiness.com/news7319.html Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7311.html Smart pupils and faculty deserve a classroom as smart — and green. http://www.hartfordbusiness.com/news7311.html Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7302.html With a perfect storm of economic conditions set to put even more financial strain on hospitals, Eric Rosow sees opportunity for his Farmington-based software company. http://www.hartfordbusiness.com/news7302.html Jason Millman Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7300.html Webster Bank, which aspires to be the dominant regional bank in New England, plans to open a major flagship office in the former Boston Stock Exchange building by the middle of next year. http://www.hartfordbusiness.com/news7300.html Greg Bordonaro Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7310.html While some employers in Greater Hartford have been trimming staff in response to harsh economic times, Nathan Accounting Group in Avon reports a 42 percent growth in staff in the past year. http://www.hartfordbusiness.com/news7310.html Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7308.html State Treasurer Denise L. Nappier sharply criticized interim rules under the government’s $770 billion bailout program for the troubled financial services industry, calling them vague and weak on enforcement. http://www.hartfordbusiness.com/news7308.html Don Michak Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7304.html After years of skyrocketing defense budgets to fight wars in Iraq and Afghanistan, industry insiders expect to see reductions in military spending. But Connecticut’s main defense players will likely be shielded from immediate cuts, analysts said. http://www.hartfordbusiness.com/news7304.html Jason Millman Subscriber Only Mon, 01 Dec 2008 0:00:00 EST http://www.hartfordbusiness.com/news7323.html Mark Ojakian, deputy state comptroller, and the Connecticut Chapter of the National Multiple Sclerosis Society hosted the second Mark Ojakian Birthday Gala to End MS Oct. 25 at the Hartford Golf Club in West Hartford. The event raised $125,000 benefitting the Connecticut chapter’s financial aid program. Pictured, from left, are: Chris Ojakian, Mark’s brother, who held a benefit celebrity professional-amateur tennis event in early October in Los Angeles; Lisa Gerrol, Connecticut chapter president, National MS Society; and Mark Ojakian. http://www.hartfordbusiness.com/news7323.html Subscriber Only