CVS to keep Aetna in Hartford

CVS: “No plans to relocate Aetna”

"I fully commend CVS for making the decision to keep Aetna in the great city of Hartford", Rep. John B. Larson (CT-01) said in a statement on Friday.

Malloy echoed the company's point.

CVS officials have declined to comment about their plans for Aetna's CT operations, referring questions to Aetna, where spokesman T.J. Crawford today said only that all of his company's locations "will be evaluated" as part of the merger planning process. "My administration will continue to work with CVS Health's leadership team to ensure that their footprint in Hartford is maintained not only for the short-term, but in the long-run as well".

A $9.6 million incentive package to move Aetna's headquarters from CT to New York City has been revoked after CVS acquired the company. The city Thursday announced it was canceling its offer of financial incentives.

Last summer, it was reported that Aetna would invest $84 million for new headquarters in the New Yor City's meatpacking district, near Chelsea market and companies such as Google and Apple.

Almost 2000 Palestinians clash with Israeli forces in Gaza, West Bank
More than a hundred Palestinians were treated for smoke and gas inhalation after the Israeli soldiers deployed tear gas and smoke grenades.

Scientists Caught Distant Supermassive Black Hole Burping
Scientists consider that the black hole exploded the gas twice because it might have two meals at the same time. Researchers said that they could see this object having meal, nap and belch and repeating these activities.

Padmaavat: Karni Sena members held while protesting outside CBFC office
The film got stuck after various Rajput groups alleged that it distorts history , a claim repeatedly denied by the director. Filmmaker Sanjay Leela Bhansali's movie will now clash on the box office with Akshay Kumar's Padman .

Crain's New York Business reported earlier this week that the incentive package used to lure Aetna to New York was falling apart.

Aetna won't be pulling up stakes from Hartford after all now that the health insurance giant is planning to be acquired by CVS Health.

David Cadden, a business professor at Quinnipiac University, said the announcement gives CT an opportunity to change its image as a business unfriendly environment.

"We had a preliminary agreement that still needed formal approval, and we can't get that approval if they can't positively affirm to us that the relocation is happening", said Stephanie Baez, a spokeswoman for the New York City Economic Development Corp. Unfortunately, the repositioning of a corporate headquarters is a zero-sum game where one location's gain is another location's loss.

Related:

  • Rusty Nadal struggles in loss to Gasquet in exhibition match

    Rusty Nadal struggles in loss to Gasquet in exhibition match

    Dimitrov managed to reach the semi-finals at Melbourne in 2017 and World No 5 Dominic Thiem has made the last-four twice on clay at Roland Garros.
    Private Asset Management Inc. Sells 1328 Shares of Duke Energy Corp (DUK)

    Private Asset Management Inc. Sells 1328 Shares of Duke Energy Corp (DUK)

    The stock of Duke Energy Corporation (NYSE:DUK) has "Neutral" rating given on Monday, August 29 by Suntrust Robinson. Cubist Systematic Strategies Lc stated it has 0.01% of its portfolio in Duke Energy Corporation (NYSE:DUK).
    Trump Inaccurately Blames Obama As The Reason For Canceling His London Visit

    Trump Inaccurately Blames Obama As The Reason For Canceling His London Visit

    Mrs May more recently discussed Brexit and events in the Middle East in a pre-Christmas phone call with Mr Trump. Mr Trump accepted the Queen's invitation for an official state visit when the prime minister met him past year .
  • Dallas County Health Confirms 3 Additional Flu Deaths

    Dallas County Health Confirms 3 Additional Flu Deaths

    Compared to a year ago , they've seen twice the number of flu patients this month, and they're all affected by Strain A. Kendall says there's been 29 new outbreaks in long-term care facilities, half of them being Influenza B.
    (XOM) Position Trimmed by BTR Capital Management Inc

    (XOM) Position Trimmed by BTR Capital Management Inc

    The stock increased 1.84% or $1.0585 during the last trading session, reaching $58.6585. 11,195 are held by Terril Brothers Inc. Exxon Mobil Corporation's Average Earnings Estimate for the current quarter is $1.05, according to consensus of 17 analysts.
    Doreen Tracey dead; original Disney Mouseketeer was 74

    Doreen Tracey dead; original Disney Mouseketeer was 74

    She learned to dance and sing from a young age, as her father ran a nightclub and a dance studio. (1956), starring Fess Parker. The series then lived on for decades in syndication. "She never failed to make us all feel good and we will miss her".
  • Jets bench Hackenberg, end season with 26-6 loss to Patriots

    Jets bench Hackenberg, end season with 26-6 loss to Patriots

    But hey, they will still finish with a better record than the Giants! "It's a great way to end the year", said Tom Brady . The fourth win came over the defending champion Seahawks, coached by Carroll, on the final play.
    Meet the Dora Milaje in New Black Panther Featurette

    Meet the Dora Milaje in New Black Panther Featurette

    Even though they are on the same side, technically united, they have opposing views about how their homeland should be protected. Let us know in the comment section below! Marvelous news! And here's more:What's the story, Black Panther?
    Major League Baseball  trade rumors: Diamondbacks continue 'persistent' pursuit of Manny Machado

    Major League Baseball trade rumors: Diamondbacks continue 'persistent' pursuit of Manny Machado

    In addition to being an excellent defensive player, Machado has averaged 35 homers and 92 RBI over the last three years. Britton, 29, was limited to 38 games while battling an MCL sprain in his left knee and had a 2.89 ERA and 15 saves.
  • A U.S.  ambassador resigned because he doesn't want to work for Trump

    A U.S. ambassador resigned because he doesn't want to work for Trump

    Marine Corps, Feeley joined the State Department in 1990, becoming ambassador to Panama in 2015. Ambassador to Haiti to resign given there is no U.S.

    Trump thinks Oprah won't run, says he'd defeat her anyway

    Trump appeared on Winfrey's long-running talk show in 1988 and again with his family in 2011, during her final season. The British singer , 54, said Oprah has been "part of the problem" following her inspirational Golden Globes speech .
    Panthers LB Davis to retire after 2018

    Panthers LB Davis to retire after 2018

    Davis led the Panthers in tackles in 2016, but played a reduced role in 2017. "For me, it was a no-brainer", Davis said. At age 34, Davis has suffered some severe injuries during his career, but has been relatively healthy so far in 2017.

Comments

Latest news

Illinois Attorney General Candidate Robbed at Gunpoint During Chicago Campaign Stop
Goldstein is among eight candidates competing in the Democratic primary to replace Lisa Madigan as attorney general. The group was approached by three men in their early 20s while taking pictures for Goldstein's campaign.

Approach Resources, Inc. (AREX), Cara Therapeutics Inc. (CARA)
The energy company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink . (NASDAQ: AREX ).

NVIDIA (NVDA) Lifted to "Strong-Buy" at Vetr
City Of London Investment Management Co Ltd holds 1.97% of its portfolio in Aberdeen Indonesia Fund, Inc. for 3.53 million shares. Frontier Cap Management Company has 0.98% invested in Zoetis Inc. 9,538 shares were sold by Byron Michael, worth $1.71 million.

Alamos Gold, Inc. (AGI), DENTSPLY International Inc. (XRAY)
MA now owns 6,488,223 shares of the company's stock worth $402,530,000 after buying an additional 36,605 shares during the period. Hutchin Hill Capital Lp increased Bard C R Inc (NYSE:BCR) stake by 12,647 shares to 155,484 valued at $49.83 million in 2017Q3.

NFL GM on playoffs: Eagles will lose, Patriots will roll, more
If they can make you one-dimensional, then their defense will get after the passer, and it becomes very hard to avoid their rush. Tennessee's comeback victory last week was thrilling, but make no mistake, the Titans will be outmatched in New England.

Nigel Farage warming to second European Union referendum
Telegraph correspondent James Crisp spoke to one European Union diplomat this morning about prospect of second Brexit referendum. Carlisle MP isn't in favour of a second referendum.

Final Fantasy XII: The Zodiac Age coming to PC this February
Dissidia Final Fantasy NT arrives at the end of this month, but if you want to see what it's all about you can play it right now. The over one minute Dissidia Final Fantasy NT open beta does its best to summarize the game while also showing off some footage.

Manchester Airport leads MAG to successful 2017
Gatwick Airport rounded off a trio of records for London airports, announcing today it welcomed 45.6m passengers previous year . The airport is owned and operated by AGS Airports, which also owns and operates Aberdeen airport.

White House rejects senate immigration proposal, seeks changes
Many conservatives would balk at providing "amnesty" to parents who brought their families across the border illegally. Jefry Darian, a Coachella Valley Dreamer, was only 8-years-old when he arrived to the United States from Honduras.

Mark Wahlberg's 'Divo' Demands Nearly Cost Christopher Plummer His Role
Actors pay agents, managers and lawyers an average of 10 percent of their salaries to advocate for them, the newspaper said. Spacey was removed from the production after numerous sexual misconduct allegations against him came to life.

Trai cuts ISD incoming call termination rate to 30 paise
But TRAI said the move could curb the use of grey routes and the proliferation of OTT (over-the-top) routes for global voice calls.

Gilead Sciences Inc (NASDAQ:GILD) Institutional Investor Sentiment Analysis
Moreover, Underhill Investment Management Llc has 9.03% invested in the company for 205,800 shares. (NASDAQ:GILD) for 404 shares. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months.

Indian-Origin Google Techie From California Gropes US Woman, Arrested
Another investigator said that Kharbanda had been sent to Tihar Jail after a court remanded him to 14 days' judicial custody. After her return from Jaipur, she complained against Kharbanda to the Chanakyapuri police station and hotel security.

Critics' Choice Awards: 10 must-see red carpet looks
She was joined by her BLL co-stars Reese Witherspoon , Laura Dern , and Alexander Skarsgard . Call me by your Name and Get Out were some of the early winners at the star-studded event.

Centurylink Investment Management Company Raised Dish Network (DISH) Position by $655722; Carpenter
Connecticut-based Quantitative Systematic Strategies Ltd Liability has invested 0.08% in DISH Network Corporation (NASDAQ: DISH ). The stock of DISH Network Corporation (NASDAQ: DISH ) earned "Hold" rating by RBC Capital Markets on Wednesday, November 22.

Other news