Photo: Julian Herzog

Reports: Sikorsky axing 500 jobs in Poland

Sikorsky Aircraft is cutting up to 500 jobs at its PZL Mielec plant in Poland, according to multiple reports, after Airbus beat out the Stratford-based manufacturer for a contract with the Polish
Categories: General
xpo

Greenwich logistics co. raises $3.3B

XPO Logistics is raising $1.26 billion in equity funding from 15 investors, which it plans to use to support acquisitions, including its pending $3.5 billion deal for France-based Norbert
Categories: General

Bridgeport tops list of highest property taxes

A new study puts Bridgeport atop the list of cities paying the highest property taxes in the nation. The annual 50-state property tax comparison study, a partnership of the Lincoln Institute of Land
Categories: General
Flag Capital

Stamford firm acquired by Scottish giant

A big U.K. asset management firm is acquiring Flag Capital Management, which has offices in Stamford, Boston and Hong Kong. Aberdeen Asset Management did not state what it paid for Flag, which as of
Categories: General
IRS

ID thieves hack IRS

The IRS announced that criminals hacked into 100,000 tax accounts through the agency’s “Get Transcript” application, possibly with the intent of siphoning off returns in next year’s filing season. The
Categories: General
Stamford construction

DOL: Conn. private sector shed jobs in April

Connecticut’s private sector shed 300 jobs in April, according to estimates by the U.S. Department of Labor, but an increase in government employment resulted in an overall 1,200 jobs gain for the
Categories: General
Ctrip

Priceline ups stake in China travel website

Priceline Group (Nasdaq: PCLN) is investing an additional $250 million in Ctrip.com International (Nasdaq: CTRP), which operates travel booking websites focused on the China market. Priceline has its
Categories: General
TWC

For $56.7B, Stamford’s Charter acquiring Time Warner Cable

UPDATED AT 8:47 a.m. In a Tuesday conference call, Charter Communications CEO Tom Rutledge said Charter will rebrand Time Warner Cable operations under its Charter Spectrum brand, without specifying a
Categories: General