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Matt Mulherin, president of Newport News Shipbuilding, announced last week in a letter to shipbuilders that more than 500 employees will be laid off in 2015, and likely more than 1,000 employees will be laid off in 2016. EB and Newport...
The successful U.S. launches of breast-cancer treatment Ibrance and vaccine Prevnar for adults helped Pfizer Inc. to boost Tuesday its profit expectations for 2015 as the pharmaceutical giant released its second-quarter results.
Southeastern Connecticut faces "more acute" economic challenges than the rest of the state and stands to fall further behind if the legislature doesn't rein in spending, a top state economist told a luncheon meeting of the Groton Rotary Club Tuesday.