| Feb 26, 2014
| 4:31 PM
WASHINGTON — Credit Suisse executives admitted that the giant Swiss bank helped Americans shield as much as $12 billion from taxes and even acknowledged the practice was a "mistake" and "unacceptable."
But they said they couldn't do much beyond...
| Jan 2, 2014
| 11:10 AM
H. Ty Warner, the billionaire creator of the popular Beanie Babies toys, is urging a federal judge to sentence him to probation for tax evasion.
The 69-year-old tycoon pleaded guilty to a single count of felony tax evasion in October, acknowledging that...
| Jan 14, 2014
| 12:00 PM
Ty Warner, the billionaire founder of Beanie Babies stuffed toys, was sentenced to probation for hiding millions of dollars in a Swiss bank account and failing to report his interest income.
U.S. District Judge Charles Kocoras rejected federal...
| Mar 21, 2014
| 5:03 PM
College basketball brings weeks of numbers to popular culture. Tournament seeds, scores and predictions are everywhere. (Mine? Florida defeats Louisville, 69-65.) While you're in the spirit, let's look at some Connecticut numbers.
| Nov 25, 2013
| 8:08 AM
Swiss voters soundly rejected a plan Sunday that would have limited executive compensation to no more than 12 times the lowest-paid employees' pay.
The measure, known as the "1:12 initiative," was defeated 65.3% to 34.7% even amid wide public...
| Oct 2, 2011
Editor's Note: With no net job creation here in two decades, Connecticut needs jobs. Our editorial and five other views on this page offer thoughts on getting people back to work. We'd like to hear what you think is the key to creating jobs as well: Email...
| Oct 26, 2012
| 3:39 PM
Switzerland's biggest bank, UBS AG, is expected to cut up to 10,000 jobs, or 16 percent of its workforce, as it contends with shrinking revenue and rising capital requirements, a person familiar with the company said on Friday.
The cuts would be among...
| Oct 30, 2012
| 8:51 AM
Swiss bank UBS will cut 10,000 jobs as it exits from its fixed-income trading business and tries to cut costs and concentrate on wealth management.
The Zurich, Switzerland-based institution, which stated that it is “significantly reshaping its...
| Jul 24, 2012
| 8:11 AM
If you're rolling into work wearing ripped jeans, strapless tops, a hoodie and flip-flops, know this: Your colleagues disapprove.
The vast majority of American workers don't consider the Mark Zuckerburg fashion special to be appropriate attire for the...
| Jan 27, 2012
| 1:21 PM
Gov. Dannel Malloy's estimate of pension savings over 20 years was wrong by $3.1 billion, the legislature's nonpartisan fiscal office said Friday.
Malloy had announced that the state would save $4.8 billion over 20 years from a negotiated deal last...
| Sep 11, 2012
| 12:11 PM
It pays to rat out your tax-dodging clients.
A former banker who helped wealthy Americans illegally evade taxes, and later confessed his transgressions and cooperated with the government, has been awarded $104 million in what appears to be the largest-...