The chain of supermarkets, Stop & Shop will be entering into an agreement with labor unions in Connecticut, Rhode Island and Massachusetts. Stop & Shop executives will attend an official meeting with the unions on Sunday.

A small, Connecticut-based investment firm, Mill Road Capital will acquire Canada's largest independent advertising and communications agency Cossette Inc. at a cost of about $131.5 million.

Connecticut based insurance and financial services firm, Hartford Financial Group Inc reported a loss of $15 million for the quarter ended June 30, a loss of 6 cents per share.

However, Hartford's second quarter operating profits appeased worried investors. A rebound in the stock markets helped Hartford with a gain worth $360 million.

The ongoing recession and some management blunders have taken their tool on the Woodstock, Connecticut-based soap and lotion seller Crabtree & Evelyn Ltd, which filed for Chapter 11 bankruptcy protection on Wednesday! The filing does not include the company’s operations outside the US.

According to the claims of the Norwalk, Conn.-based travel Web site, Kayak.com, there are notable similarities between the travel web site of the May-launched Microsoft search engine, Bing, and Kayak - the website specializing in discovering the most economical flights.

As per a proposal to buy some health IT market share and expedite the adoption of its electronic medical records products, the healthcare unit of General Electric - GE Healthcare - is offering $100 million in interest-free, deferred-payment loans to doctors' offices.

Aiming to expand its Medicaid capabilities, Magellan Health Services Inc has worked out details for the $110 million acquisition of the First Health Services Corp unit of insurance company Coventry Health Care. Magellan has also entered into three-year agreements with Coventry for handling radiology services and providing oncology management services.

Yesterday, Harvard University researchers reported the first-ever finding which demonstrated people drinking from bottles made of BPA, passed urine having that chemical at a concentration which was more than two thirds higher than before.

The largest US property and casualty insurer by market value, Travelers Cos., has reported a 32 percent plunge in its first-quarter profit. The company reported a $662 million net income for the January-March quarter, as against the $967 million earnings a year before.

Intel Corp. and General Electric Co. have come together to form an alliance for developing and marketing home-based health technologies, designed to help seniors live independently and those with chronic conditions to manage their care from their own homes.