The campaign for expanded slot machine gaming in Connecticut doesn’t appear to be going anywhere -- not this year, at least.
State Senate Majority Leader Bob Duff said Monday that his body will not deal with legislation that would allow video slots at off track betting facilities. Those entities have been lobbying hard for the change, but Duff said any move toward more gaming in Connecticut will have to include the state’s two Indian tribes.
Proponents of the plan boosted a bill at a public hearing last week, saying expanding slots to new sites would help gaming in Connecticut fight for its survival against neighboring states. But representatives of both the Mashantucket Pequot Tribe which owns Foxwoods and the Mohegan Tribe, said any such plan would violate the exclusive compact the state has with them.
Radio Shack To Shutter Stores
Troubled retailer Radio Shack will close 24 stores in Connecticut as it files for Chapter 11 bankruptcy protection. The electronics chain is shuttering almost 18 hundred locations nationwide, about half of its stores.
It hasn’t said exactly when the stores will close, or how many people will lose their jobs.
Pfizer to Outline Plans
Investors and analysts may learn more about Pfizer’s plans for its new acquisition Hospira as the drug giant hosts an investor meeting on Tuesday.
Pfizer said last week it will pay $17 billion to buy Hospira. The acquisition is relatively modest, compared to the $126 billion play Pfizer made for British drug maker AstraZeneca, which was rejected.
Hospira, which makes sterile injectable drugs, was spun off from Abbott in 2004.
Anthem Users Urged to File Taxes
If you get your health insurance from Anthem, hurry to file your taxes.
That was the message from Commissioner of the Department of Revenue Services Kevin Sullivan. He’s concerned that last week’s historic data breach at Anthem could lead to multiple cases of tax fraud, with the information being used to file false returns and claim refunds.
More than a million people in Connecticut are thought to have been affected by the cyber hack.
But that’s not the only threat to tax filers this year. Sullivan is also warning that Turbo Tax users could be targeted by scam emails seeking personal information.
Chenevert Payoff
Louis Chenevert left United Technologies last year with a $195 million package, according to reports. The CEO shocked Wall Street in November by stepping down abruptly from the Hartford-based conglomerate.
Now an analysis from ClearBridge Compensation Group says he ended his six-year stint as CEO with $136 million in stock options, $31 million in pension benefits and $28 million in shares.
