Five Connecticut radio stations have been sold by Connoisseur Media to Red Wolf Broadcasting Corp. in a transaction estimated at $8 million. Included in the deal are WDRC and WDRC-FM in Hartford, WSNG in Torrington, WMMW in Meriden and an…

WATERBURY-The Waterbury Regional Chamber will on Jan. 23 present an improved version of its annual legislative breakfast from 7:30 a.m. to 10 a.m. at the Wyndham Southbury Hotel. The breakfast, held each year to provide business leaders with access to…

NEW YORK – Big U.S. banks have been reporting billions of dollars in paper losses this month as they are forced to come into compliance with the new tax law. And while the losses are massive, they were largely expected,…

NEW YORK (AP) – Swiss food and drink giant Nestle is selling its U.S. candy business to Italy’s Ferrero for about $2.8 billion in cash. Ferrero will take over iconic chocolate brands Butterfinger and Crunch bars, as well as the…

UnitedHealth Group’s earnings more than doubled in the final quarter of 2017, and the nation’s largest insurer hiked its forecast well beyond expectations largely due to help from the federal tax overhaul. UnitedHealth said Tuesday that it added $1.2 billion…

NEW YORK (AP) – General Motors expects strong sales in North America and China to sustain its profit through 2018. The automaker on Tuesday reaffirmed its 2017 expectations for profit between $6 and $6.50 per share and said it expects…

BOSTON (AP) – General Electric is taking a $6.2 billion after-tax charge in the fourth quarter tied to its review and reserve testing of GE Capital’s runoff insurance portfolio. GE Capital will also suspend its dividend to GE for the…

WATERBURY – When Carl Viarengo opened Model Garage in 1958, with his friend Frank Gross, he had no idea he was founding an institution that would live on beyond his retirement. Six decades later, the parking lot at 110 Thomaston…

NEW YORK (AP) — General Motors expects strong sales in North America and China to sustain its profit through 2018. The automaker on Tuesday reaffirmed its 2017 expectations for profit between $6 and $6.50 per share and said it expects…

NEW YORK (AP) — Citigroup reported a $18.3 billion loss in the fourth quarter on Tuesday as the financial conglomerate had to take more than $20 billion in accounting write-downs related to the new tax law. The New York-based bank…

MILWAUKEE – The next phase in data collection is right under your feet. Online clicks give retailers valuable insight into consumer behavior, but what can they learn from footsteps? It’s a question Milwaukee-based startup Scanalytics is helping businesses explore with…

In late 2015, Apple Inc. Chief Executive Tim Cook was asked why the technology giant continued to leave a mountain of cash overseas rather than return it to the United States. “I’d love to bring it home,” Cook said of…

LOS ANGELES – Robert Iger, the chief executive of Walt Disney Co., saw his total compensation decline 17 percent in the recently concluded fiscal year to $36.3 million, according to the company’s latest proxy statement filed Friday to the Securities…

DETROIT – Ford plans to increase its investment in electrification to $11 billion by 2022, Executive Chairman Bill Ford Jr. said Sunday at the Detroit auto show. The company previously announced it would spend $4.5 billion by 2020. “We’re going…

PARIS (AP) — Airbus said Monday it will stop making the costly A380 superjumbo if it can’t strike a long-term deal with the airline Emirates for a steady supply of the planes. Abandoning the A380 would be a disappointing defeat…

DETROIT (AP) — If customers don’t buy electric and more efficient cars and trucks, then Mercedes may not be able to meet government-imposed carbon dioxide emissions standards across the globe, its top executive says. Dieter Zetsche, CEO of German automaker…

SEOUL, South Korea (AP) — Global stock markets were mostly lower on Monday as the dollar weakened across the board, pinching the outlook for export-driven regions like Europe. The U.S. was due to remain closed for a holiday. KEEPING SCORE:…

NEW YORK – When the temperature in New York plunged, so did revenue at Tanya Lim’s dog-walking service. Many of Lim’s clients were among the people who decided to work from home because of the cold, so they didn’t need…

NEW YORK – In liberal bastions like metro New York and California, the Trump tax overhaul has been criticized as economic warfare. But as elements of the plan come into focus, tax experts are concluding that some of the most…

WASHINGTON – Few people look forward to a trip to the doctor or dentist, especially if they’re not sure how they will pay for it. Some choose to use a special kind of credit card offered by medical professionals to…