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The Mohegan Tribal Gaming Authority today reported dramatic declines in earnings and profits in the quarter that ended June 30.

Pfizer’s 2Q profit sinks 79 percent but tops forecasts

New York (AP) — Pfizer’s second-quarter earnings plunged 79 percent from last year, when the world’s second-largest drugmaker booked a business spinoff gain of more than $10 billion. The latest results still edged...

Mohegans give up lease on Palmer, Mass., property

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Mohegan Sun is terminating its lease of the Palmer, Mass., property where it had once hoped to develop a $1 billion resort casino and water park.

In a statement issued late Monday afternoon, the casino confirmed that it was relinquishing...

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Business journal honors Norwich woman

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Lindsey Mathieu, the 33-year-old owner and founding principal of Golden Egg Concepts, a Norwich-based marketing company that primarily serves architectural, engineering and construction firms, is...

Smith & Wesson paying $2M to settle SEC charges

Smith & Wesson has agreed to pay $2 million to settle civil charges of bribing government officials in Pakistan, Indonesia and other countries to win military and police business.

The...

Airline profits soar, but there's no relief in sight for customers

Washington - The top American airlines are making more money than ever - but don't expect it to mean lower prices for passengers.

On the heels of three major passenger plane crashes...

Medicare finances looking more solid

Medicare's finances are looking brighter, the government said Monday. The program's giant hospital trust fund won't be exhausted until 2030 - four years later than last year's...

Business Briefs

Virgin America files plans for IPO

Virgin America's next destination is Wall Street. The California-based airline filed on Monday...

Premium Content Energy efficient home open in Oct. to tour

William Pitt Sotheby's International Realty will be sponsoring this year's Home of Distinction,...

Premium Content New Dollar General opens in Colchester

Dollar General is opening a new store Saturday at 225 Old Hartford Road in Colchester. Doors...

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Do you believe Terrence P. Carter should be approved as New London's superintendent?
Yes. I agree with his statement that he has 'done nothing wrong.'
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I'll reserve judgment pending the Board of Education independent investigation.
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