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“The addition of the unit will be seen as a complementary piece to Lockheed Martin’s defense business, which counts the F-35 fighter jet in its product stable, and will deepen Lockheed Martin’s footprint as the largest defense contractor”, Briefing.com said.

United Technologies Corp. officially announced Monday morning that it has reached an agreement to sell Stratford-based Sikorsky Aircraft to Lockheed Martin Corp. for billion in cash.

Lockheed’s strategic review, meanwhile, will focus on alternatives for its government IT and technical services businesses.

On July 20, the Federal Reserve announced it will require eight banks to keep $200 billion on hand as part of a plan to keep a global financial collapse at bay in the event of a capital emergency.

This story corrects that total job growth was 600 jobs as private sector increase was 2,600 jobs.

The unemployment rate in Connecticut in June was 5.7 percent, down from 6 percent in May.

The Danbury labor market area continued to post the lowest unemployment rate in the state, coming in at 4.3 percent – a drop of eight tenths of a point from the 5.1 percent reported in June 2014.

Citigroup has been hit with a $70m (£45m) fine and ordered to pay $700m in remediation to customers after a review into how it sold credit card products.

Amazon.com epitomizes a one-stop online retail destination for consumers.

Eurostar has its highest-ever quarterly passenger result, with more than 2.8m customers travelling between the United Kingdom and the continent in the second quarter.

CBIA economist Pete Gioia said while the unemployment rate is the lowest since July 2008, it’s still more than a percentage point higher than neighboring Massachusetts.The US unemployment rate is 5.3 percent.

It’s the largest aerospace acquisition since 2012, when United Technologies bought Goodrich Corp. for more than $16 billion.

The Spaniard has become a savvier rider with age. I wouldn’t say the last kilometres were easy but I managed to savour my victory. “Sometimes, when you change the rhythm, it can produce a surprise”.

Moreover, much of the growth has been coming from tablet adds rather than phones.

Canada’s benchmark index looks set to open the Tuesday session lower, with gold prices still in the red and as Canadian Pacific Railway’s (CP.TO) quarterly results disappoint.