| Jan 16, 2015
| 2:49 PM
United Technologies Corp. has eliminated a top aerospace job and, with it, a layer of management that for years separated Pratt & Whitney and UTC Aerospace Systems from the conglomerate's chief executive in Hartford.
Alain Bellemare, president and...
| Jan 5, 2015
| 12:52 PM
The first bill he'll introduce when he returns to Washington will be the American Jobs Matter act. That bill says the Pentagon should consider the impact to U.S. jobs when making procurement decisions.
HARTFORD — As he has for the past five years,...
| Dec 31, 2014
| 3:00 AM
Government activities dominated the Connecticut business scene and the Top Ten list of stories in 2014 even more than in the past. And the ranking doesn't even include the start of legalized marijuana sales in September.
We didn't see large-scale...
| Dec 27, 2014
| 6:08 AM
ENFIELD — The barcode's first commercial use came in 1969, the same year that electronics engineer Jim Bianco founded Control Module Industries.
Bianco, then 33, had gotten his start at Hamilton Standard (now United Technologies Aerospace Systems)...
| Dec 27, 2014
| 5:19 AM
When first lady Mamie Eisenhower ceremonially pushed the USS Nautilus into the Thames River in 1954, ushering in the atomic submarine era, the vessel carried 140 types of springs made by one Connecticut company alone.
It was no fluke for Barnes Group...
| Dec 11, 2014
| 5:39 PM
NEW YORK — In his first analyst meeting as chief executive of United Technologies Corp., Gregory Hayes said Thursday the company has a strong future, even as it released earnings projections that were far short of what Wall Street expected.
| Dec 12, 2014
| 6:28 PM
For more than a decade, the United States military has depended on buying Russian-made rocket engines to launch its most crucial satellites. On Friday, Congress said no more.
Despite lobbying from a joint venture of Boeing Co. and Lockheed Martin Corp.,...
| Dec 18, 2014
| 8:21 AM
Connecticut started with an innovation, called the "Constitution State" because it formed a formal government with what some say is the first ever such charter – the Fundamental Orders – in the late 1630s.
As the "Provision State," it...
| Dec 9, 2014
| 4:34 PM
Another former employee of United Technologies Corp. has been arrested by federal authorities and accused of trying to take sensitive documents relating to military aerospace programs to another country.
In a criminal complaint unsealed Tuesday at U.S....
| Nov 24, 2014
| 5:24 AM
In a surprising move, United Technologies Chairman and Chief Executive Officer Louis R. Chênevert has informed the company’s board of directors of his immediate retirement, the company announced Monday.
The board tapped Gregory J. Hayes, the...
| Nov 24, 2014
| 3:07 PM
In a surprising decision, United Technologies Corp. Chairman and Chief Executive Louis R. Chênevert has retired.
The abrupt move shocked many when it was announced early Monday, leaving investors and analysts wondering why Chênevert would choose to...