Business, economic news

Jenny Kane / AP

The music streaming service Spotify has filed official documents to launch its initial public offering and begin trading shares on the New York Stock Exchange.

Richard Drew / AP

The consumer food giant General Mills is buying gourmet pet food maker Blue Buffalo in a deal worth $8 billion.

Courtesy of Pixabay

Connecticut companies are looking for new workers, but not finding them. That’s the result of a survey by the Connecticut Business and Industry Association (CBIA). According to CBIA economist Peter Gioa, part of the problem is a mismatch between what employers need and what Connecticut workers have to offer.

Daniel Chan / AP

Starbucks is the latest in a string of companies raising compensation for employees while crediting Congress’s recent tax bill. Target, Fiat-Chrysler, and Walmart have made similar announcements.

J. Pat Carter / AP

Bacardi is buying Patrón in a liquor deal valued at $5.1 billion. This would give Bacardi one of the top selling premium tequila brands and help the company compete in the fast growing tequila market.