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Last Updated May 27, 2016 12:36PM

Hartford, Conn. • A Connecticut commission has approved a $22 million loan and grant package to help the world’s largest hedge fund upgrade its offices. The Bond Commission approved the package by a 7...

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  • Holiday air travelers see break from long security lines
    Atlanta • Travelers taking to the skies for the Memorial Day weekend say security lines are moving faster than expected after weeks of costly delays a...
    Updated May 27 2016 10:06 am   |     |   Share
  • FILE - In this May 4, 2016 file photo, visitors walk by a Takata Corp. desk at an automaker’s showroom in Tokyo.  Eight automakers are recalling more than 12 million vehicles in the U.S. to replace Takata air bag inflators that can explode with too much force. Documents detailing recalls by Honda, Fiat Chrysler, Toyota, Mazda, Nissan, Subaru, Ferrari and Mitsubishi were posted Friday, May 27 by the government. (AP Photo/Shizuo Kambayashi, File) 8 automakers recall over 12M vehicles for air bags
    Detroit • Eight automakers are recalling more than 12 million vehicles in the U.S. to replace potentially dangerous Takata air bag inflators. Document...
    Updated May 27 2016 09:30 am   |     |   Share
  • Nigeria: Local leaders back militants hitting oil
    Warri, Nigeria • Community leaders in Nigeria’s oil-producing Niger Delta are voicing support for a new group of violent militants, saying their deman...
    Updated May 27 2016 09:24 am   |     |   Share
  • Positive gains for 3 out of 4 IPOs Thursday
    Washington • It’s turning out to be a busy month for initial public stock offerings. US Foods Holding Corp. shares rose more than 8 percent Thursday, ...
    Updated May 27 2016 09:12 am   |     |   Share


MORE MONEY STORIES
  • Philips IPO lights up Amsterdam exchange
    Amsterdam • Shares in the lighting division of Dutch electronics giant Philips have soared, early on their first day of trading on the Amsterdam excha...
    Updated May 27 2016 09:09 am   |     |   Share
  • Spain gets EU consent to shut coal mines
    Madrid • Spain has won approval from European authorities to spend $2.4 billion on the closure of 26 coal mines by 2018. The government expenditure in...
    Updated May 27 2016 09:06 am   |     |   Share
  • In this Tuesday, Sept. 23, 2014 photo, a worker arranges engine blocks at the General Motors assembly plant in Wuhan in central China’s Hubei province. General Motors Co.’s main Chinese joint venture is recalling 2.2 million cars to deal with insufficient corrosion resistance on crankcase valves. The recall was ordered after Shanghai-GM received complaints about engine damage, according to the country’s product quality regulator. The automaker is a joint venture between GM and state-owned Shanghai Automotive Industries Corp. (Chinatopix via AP) CHINA OUT GM partner recalls 2.2 million cars in China
    Beijing • General Motors Co.’s main Chinese joint venture is recalling 2.2 million cars to deal with insufficient corrosion resistance on crankcase va...
    Updated May 27 2016 09:06 am   |     |   Share
  • Raleigh furniture market could show boycott impact
    Raleigh, N.C. • Organizers of North Carolina’s world-renowned furniture market are releasing attendance figures Friday that could be an important baro...
    Updated May 27 2016 10:17 am   |     |   Share
  • From Left to right; Organisation for Economic Co-operation and Development (OECD) Secretary-General Jose Angel Gurria, International Monetary Fund Managing Director Christine Lagarde, Laos’ President Bounnhang Vorachit, European Union Council President Donald Tusk,  Papua New Guinea’s Prime Minister Peter O’Neill, Italy’s Prime Minister Matteo Renzi, Sri Lanka’s President Maithripala Sirisena, Germany’s Chancellor Angela Merkel, Chad’s President Idriss Deby, U.S. President Barack Obama, Japan’s Prime Minister Shinzo Abe, France’s President Francois Hollande, Indonesian President Joko Widodo, British Prime Minister David Cameron, Bangladesh Prime Minister Sheikh Hasina, Canada’s Prime Minister Justin Trudeau, Vietnam’s Prime Minister Nguyen Xuan Phuc, European Union Commission President Jean-Claude Juncker, United Nations Secretary-General Ban Ki-moon, World Bank President Jim Yong Kim and Asian Development Bank President Takehiko Nakao pose during the family photo session at the G-7 summit, Friday, May 27, 2016, in Shima, Japan, (Jeon Heon-kyun, Pool Photo via AP) G-7 issues: Global economy, terrorism, women
    The leaders of the Group of Seven industrialized economies pledged to tackle major economic and political risks including terrorism, floods of refugee...
    Updated May 27 2016 08:57 am   |     |   Share
  • In this Wednesday, March 23, 2016, photo, Kayla Mitchell serves a customer at Good Day Cafe in North Andover, Mass. On Friday, May 27, 2016, the Commerce Department issues the second of three estimates of how the U.S. economy performed in the January-March quarter. (AP Photo/Elise Amendola) U.S. economic growth in Q1 revised up to 0.8 %
    Washington • The U.S. economy’s slowdown in growth at the beginning of the year wasn’t quite as bad as first thought, thanks to a bigger boost from ho...
    Updated May 27 2016 08:54 am   |     |   Share
  • Staffers past security guards near a company logo at the Alibaba Group headquarters in Hangzhou, in eastern China’s Zhejiang province on Friday, May 27, 2016. Alibaba’s relationship with an anti-counterfeiting lobby coalition known as the International Anti-Counterfeiting Coalition is a tale of how one of China’s corporate giants won _ and ultimately lost_ a friend in Washington, using legal methods long deployed by corporate America: money and friendship. (AP Photo/Ng Han Guan) How Alibaba won — and lost — a friend in D.C.
    Shanghai • In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying t...
    Updated May 27 2016 08:54 am   |     |   Share
  • In this Wednesday, May 18, 2016, photo, shoppers carry their bags through the Downtown Crossing of Boston. On Friday, May 27, 2016, the University of Michigan issues its monthly index of consumer sentiment for May. (AP Photo/Charles Krupa) Consumer sentiment at highest level in a year
    Washington • Americans turned more optimistic about the economy in May than the previous month, buoyed by steady hiring and higher incomes. The Unive...
    Updated May 27 2016 09:30 am   |     |   Share
  • Consumer firms, banks lead Wall Street up early
    New York • U.S. stocks are making small gains Friday as drug companies and consumer products makers trade higher. Valeant Pharmaceuticals is rising on...
    Updated May 27 2016 12:05 pm   |     |   Share
  • FILE - This Oct. 4, 2014, file photo, shows the facade of the New York Stock Exchange. Stock markets around the world edged higher Thursday, May 26, 2016, as traders interpreted the rise in oil prices to $50 a barrel for the first time this year as a positive sign for the global economy. (AP Photo/Richard Drew, File) Asian stocks up a bit, European markets slip
    Hong Kong • Asian stock markets rose modestly while European stocks slipped Friday as the investment outlook remained uncertain ahead of U.S. economic...
    Updated May 27 2016 08:39 am   |     |   Share
  • Cheapskates doing it right — in investing at least
    New York • Stay cheap. Research keeps piling up to show that one of the best predictors for the success of a mutual fund is if it has low fees. Whethe...
    Updated May 27 2016 01:05 am   |     |   Share
  • Battle inside OPEC eases; Saudi oil strategy pays off
    Saudi Arabia has been fighting with fellow OPEC members since the oil rout started two years ago. For the first time next week, it can argue convincin...
    Updated May 27 2016 01:05 am   |     |   Share
  • Ripping off clients is bad in currency market code
    It took the world’s largest central banks and 35 of the biggest players in the $5.3 trillion-a-day global currency market eight months to devise a cod...
    Updated May 27 2016 01:05 am   |     |   Share
  • Goldman strategy gains ground as Fed ponders hike
    An investment strategy Goldman Sachs has been recommending since mid-2015 is finally getting traction as investors brace for rising interest rates as ...
    Updated May 27 2016 01:05 am   |     |   Share
  • Record demand at treasuries auctions lifts bonds
    Treasuries rallied after investor demand at three note auctions this week climbed to the highest on record. Yields fell across maturities as investors...
    Updated May 27 2016 01:05 am   |     |   Share
  • Late May IPOs brings oomph to sleepy market
    When GMS Inc. filed for its initial public offering in July last year, Chief Executive Officer Mike Callahan was eyeing a fall listing date for the wa...
    Updated May 27 2016 01:05 am   |     |   Share
  • FILE - This March 23, 2010, file photo shows the Google logo at the Google headquarters in Brussels. On Thursday, May 26, 2016, a federal jury sided with Google in a long-running legal battle with tech industry rival Oracle in a complex copyright case that was closely watched in Silicon Valley. Oracle had said Google stole some of its software to create Android, the world’s most popular smartphone operating system. Oracle is vowing to appeal. (AP Photo/Virginia Mayo, File) Jury sides with Google in Android software battle
    San Francisco • Google’s Android software just dodged a $9 billion bullet. A federal jury found Thursday that Google didn’t need permission to use a ...
    Updated May 26 2016 06:12 pm   |     |   Share
  • FILE - In this Thursday, March 8, 2012, file photo, Clarium Capital President Peter Thiel speaks during his keynote speech at the StartOut LGBT Entrepreneurship Awards in San Francisco. Billionaire tech investor Thiel has been secretly funding Hulk Hogan’s lawsuit against Gawker Media for publishing a sex tape, according to reports in Forbes and The New York Times. (AP Photo/Ben Margot, File) Tech billionaire unlikely Hulk ally against Gawker
    St. Petersburg, Fla. • Former pro wrestler Hulk Hogan has an unlikely ally in his corner for his courtroom cage match with Gawker — a high-tech billio...
    Updated May 26 2016 06:09 pm   |     |   Share
  • Wall Street’s weekend delayed by Yellen speech
    The Friday before Memorial Day weekend is typically dead on Wall Street. The bond market shuts early and trading in stocks slows to a trickle as every...
    Updated May 26 2016 06:09 pm   |     |   Share
  • Pig farmer promises to probe alleged abuses
    Lincoln, Neb. • A national pork supplier promised Thursday to investigate abuse allegations at one of its Nebraska facilities after an animal rights g...
    Updated May 26 2016 05:51 pm   |     |   Share