Report: Sikorsky extends delay on CH-53K

Sikorsky Aircraft reportedly pushed back further its planned first flight of the CH-53K King Stallion helicopter, the largest development contract the Stratford manufacturer has on the books as it
Sheraton Kauai

Vistana to take 5,300 Starwood employees

About 3 percent of Stamford-based Starwood Hotels & Resorts Worldwide employees, or 5,300 in all, will transfer to Vistana Signature Experiences when the new vacation timeshare company is spun off
Negative Equity

Fairfield County homes surfacing from negative equity

In the first quarter of 2015, about 1,450 fewer homes in the lower Fairfield County area were “underwater” according to CoreLogic, in cases where homeowners owe more than the value of their

Starwood SVO to take original Vistana name

Vistana Signature Experiences will be the name of Starwood Vacation Ownership, when Starwood Hotels & Resorts Worldwide spins off its timeshare business as an independent, publicly-owned company
Airbus H175

GECAS orders jets, helicopters

GE Capital Aviation Services is ordering 60 A320neo passenger jets from Airbus to lease to airliners powered by engines from a GE Aviation joint venture with Safran, also ordering nearly 50

Stamford co. buys $1.5B in Brazil-made jets

Aircastle ordered 25 regional passenger jets from Embraer along with purchase rights for 25 more, with the companies announcing the deal at the Paris Air Show. Stamford-based Aircastle (NYSE:

Gap to shutter 175 stores

Gap Inc. is closing 175 stores in North America this year and next, also laying off 250 people at its San Francisco headquarters. Gap (NYSE: GPS) did not immediately publish a list of stores slated

WSJ: Anthem targets Cigna

Anthem was rebuffed in initial talks to acquire Cigna, according to the Wall Street Journal, with the latter carrier’s stock spiking 15 percent Monday after the report. Bloomfield-based Cigna (NYSE: