Bristol sports programmer ESPN is selling its half stake in an Asian sports network to partner billionaire media mogul Rupert Murdoch's News Corp., ending their 16-year joint venture.
Pratt & Whitney Canada – a unit of the East Hartford jet-engine builder -- is selling its maintenance, repair and overhaul facility in Australia for PT6A turboprop engines to Vector Aerospace Corp., Upi.com reports.
Connecticut's flagship university is on its way to becoming an economic development engine for the state and region, the keys being recruitment of faculty stars to oversee money-making research and development, and promoting pupil entrepreneurship, the president says.
The chief executive officer and one other board member of Enfield thrift New England Bancshares, awaiting its $91 million merger with a West Springfield lender, have been promised board seats on the merged institution, a regulatory filing shows.
Pittsburgh's Wesco International Inc. said Wednesday that it hired Hartford's United Technologies Corp. executive Kenneth Parks as its new chief financial officer, The Associated Press reports.
Minnesota health insurer UnitedHealth Group Inc., with Hartford operations, will raise the quarterly dividend it pays shareholders by more than 30 percent due in part to strong growth across its businesses, The Associated Press reports. It also authorized a stock buyback.