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Connecticut News

• Crude Drops for First Time in Three Days as Saudis Deny Report of Damage

  Updated 5 minutes ago

  Oil fell for the first time in three days after Saudi Arabia denied a reported pipeline explosion in its Eastern province and as the dollar headed for its biggest weekly gain in two months.

• Yale Professors Want Singapore Campus to Protect Human Rights

  Updated 26 minutes ago

  Yale University professors are pushing the school to protect civil and political rights at the branch campus in Singapore scheduled to open next year.

• Illumina, AstraZeneca, Margaritaville: Intellectual Property

  Updated 2 hours, 25 minutes ago

  LadaTech LLC, a biotech company partly owned by GlaxoSmithKline Plc, won a jury verdict that rival Illumina Inc. infringed a patent for gene-manipulation techniques used in diagnosing disease.

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  Cash Horde Expands by $187 Billion in Untaxed Offshore Accounts

  Updated 2 hours, 25 minutes ago

  U.S. companies led by General Electric Co. and Pfizer Inc. stockpiled an additional $187 billion in untaxed overseas profits over the past year, boosting their offshore holdings by 18.4 percent, according to data compiled by Bloomberg.

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  Chrysler Sales Increase 40%

  U.S. auto sales accelerated to the fastest pace in four years, led by Chrysler Group LLC and a surprise gain from General Motors Co., as demand strengthened throughout automakers’ lineups.

• Pentagon Sees ’Substantial Savings’ in Block Buying of V-22 Osprey, Subs

  The Defense Department will realize “substantial savings” from further five-year purchases of weaponry, including the V-22 Osprey from Textron Inc. and Boeing Co., the Pentagon’s top weapons buyer told Congress.

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  U.S.-Egypt Tensions Persist as Pro-Democracy Workers Allowed to Leave

  Updated 28 minutes ago

  U.S. pro-democracy workers facing trial in Egypt for illegally accepting foreign funds left the country yesterday, with the cases against them unresolved and tensions between the two nations still high.

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  Billionaire Chung Shows Hyundai Luxury

  Hyundai Motor Co. Chairman Chung Mong Koo crosses the stage for his New Year’s address, his heels clicking as 600 employees wait in silence.

• Maryland Governor Signs Law Legalizing Gay Marriage as Ballot Fight Looms

  Maryland Governor Martin O’Malley signed a law making the state the eighth in the U.S. to legalize marriage for same-sex couples.

• Oil Options Volatility Increases as Crude Advances to $110

  Oil options volatility rose for the first time in six days as crude climbed over $110 a barrel for the first time since May after a report of an explosion on a pipeline in Saudi Arabia.

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