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BofA CEO Lewis To Meet Thain Over Future
Thursday, January 22, 2009 (122 reads)
Bank of America Corp. Chief Executive Kenneth Lewis plans to meet Thursday with former Merrill Lynch CEO John Thain over Thain's future with the largest U.S. bank, CNBC television reported, citing people familiar with the situation.
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Conn. Lawmaker Says State Should Close Hospital
Thursday, January 22, 2009 (204 reads)
The Republican leader of the Connecticut Senate says the state's only psychiatric hospital for children should be closed because costs are much too high at a time when the state faces billions of dollars in budget deficits.
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Hudson City Savings Bank Up 60 Percent In Q4
Wednesday, January 21, 2009 (186 reads)
The holding company for Hudson City Savings Bank, which operates nine branches in Fairfield County, has reported a 60 percent year-over-year increase in fourth-quarter net income, to $124.3 million from $77.5 million in 2007.
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New White Collar Legal Eagle In Hartford
Wednesday, January 21, 2009 (139 reads)
Kevin J. O’Connor, a former U.S. Associate Attorney General, has joined the Hartford law office of Bracewell & Giuliani LLP, where he will specialize in commercial litigation and corporate restructuring of Fortune 500 companies and private investment finds.
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Rell: Deficit Climbs To Nearly $922 Million
Wednesday, January 21, 2009 (145 reads)
Gov. M. Jodi Rell's budget office now estimates the current fiscal year is nearly $922 million in the red, despite various attempts to reduce the stubborn yet growing budget deficit.
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U.S. Construction Index Ticks Up In December
Wednesday, January 21, 2009 (102 reads)
A leading indicator of U.S. nonresidential construction activity rose slightly last month but remains near historic lows amid scarce credit, an architects' trade group said Wednesday.
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Geithner Urges Reform Of Financial Rescue Plan
Wednesday, January 21, 2009 (141 reads)
U.S. Treasury Secretary-designate Timothy Geithner on Wednesday said forceful action was needed to combat the U.S. recession and urged reform of the government's $700 billion financial rescue program.
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