Snack giant Pepperidge Farm has settled its cookie lawsuit.
Last year, the Norwalk-based company sued grocery chain Trader Joe's, saying its Crispy Cookies were a deliberate knock off of Pepperidge Farm’s well known Milano treat.
The Connecticut company accused Trader Joe's of trading on the Milano’s good will and reputation. But now the suit has been withdrawn from U.S. district court in Hartford, after Pepperidge Farm said the two had reached a mutually satisfactory resolution. No details of the settlement have been given.
Some GE Jobs to Stay
Some good news for a portion of General Electric jobs in Connecticut: Hearst newspapers reported that the new owners of GE Asset Management will keep 275 jobs in Stamford after the acquisition.
Boston-based State Street announced it will buy the division from GE, part of General Electric’s sell off of its financial businesses. State Street said it plans to maintain the Stamford office of GE Asset Management.
Come North!
Florida may have come on some high profile fishing trips in Connecticut this week. Now Connecticut is targeting North Carolina.
Governor Dannel Malloy wrote to business owners in the Tarheel state inviting them to relocate north. He told them Governor Pat McCrory’s new legislation denying protections on the basis of sexual orientation and gender identity sends the message that North Carolina is closed-minded.
In his letter, Malloy touted Connecticut as open and inclusive, and said its employees and customers don’t face institutional discrimination.
