Business

The Connecticut Business and Industry Association Economic Summit Outlook 2019. Photo by WTIC's Matt Dwyer.
Matt Dwyer
January 04, 2019 - 12:25 pm
(WTIC-AM) -- Despite recent turmoil on Wall Street, financial experts at today's Connecticut Business and Industry Association Economic Summit had a positive outlook for the state for 2019. CBIA economic advisor Peter Gioia predicts Connecticut will add more than 20,000 net jobs in the coming year...
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FILE - In this June 15, 2005, file photo, a sign stands in front of a Bristol-Myers Squibb building in a Lawrence Township, N.J. Bristol-Myers Squibb is buying Celgene in a cash-and-stock deal valued at about $74 billion. (AP Photo/Mel Evans, File)
AP
January 03, 2019 - 6:00 pm
SUMMIT, N.J. (AP) — Bristol-Myers Squibb is spending $74 billion on fellow drugmaker Celgene in a deal aimed at stocking the combined company's development pipeline with cancer, immunology and cardiovascular treatments. Bristol would gain the cancer treatment Revlimid in the cash-and-stock deal...
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A man prepares to leave the brokerage house in Beijing, Thursday, Jan. 3, 2019. Asian markets were mostly higher Thursday after tumbling more than 1 percent on the first trading day of 2019, as weaker-than-expected Chinese data exacerbated growth fears. (AP Photo/Andy Wong)
AP
January 03, 2019 - 8:43 am
LONDON (AP) — Apple's shock warning that its Chinese sales are weakening ratcheted up concerns about the world's second largest economy and weighed heavily on global stock markets as well as the dollar on Thursday. In a letter to shareholders on Wednesday, Apple CEO Tim Cook said iPhone demand was...
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Dancers in traditional costumes perform to celebrate after the opening ceremony of the 2019 trading year at the Korea Exchange in Seoul, South Korea, Wednesday, Jan. 2, 2019. (AP Photo/Lee Jin-man)
AP
January 02, 2019 - 6:36 am
BEIJING (AP) — Stock markets started the new year with a tumble, as disappointing Chinese economic data on Wednesday renewed concerns that a global trade war is weighing on growth. KEEPING SCORE: In Europe, France's CAC 40 fell 1.6 percent to 4,653 and Germany's DAX retreated 0.2 percent to 10,531...
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