World’s largest hedge fund gets handout from Conn.

World’s largest hedge fund gets handout from Conn.

HARTFORD, Conn. (AP) — A commission approved a $22 million loan and grant package on Friday to help the world's largest hedge fund upgrade and expand its offices despite questions about whether the deal makes financial sense for a state facing continued budget problems.

Democratic Gov. Dan Malloy said he wished Connecticut didn't have to compete with other states like Massachusetts, New York, New Jersey and Rhode Island by offering money to keep or attract companies, but that was today's reality. He said this agreement with Bridgewater Associates will ultimately be a good investment for the state.

Obama at Hiroshima calls for world with no nuclear weapons
Barack Obama

Obama at Hiroshima calls for world with no nuclear weapons

Associated Press

HIROSHIMA, Japan (AP) — With an unflinching look back at a painful history, President Barack Obama stood on the hallowed ground of Hiroshima on Friday and declared it a fitting place to summon people everywhere to embrace the vision of a world without nuclear weapons.

As the first American president to visit the city where the U.S. dropped the first atomic bomb, Obama came to acknowledge — but not apologize for — an act many Americans see as justified to hasten an end to a brutal war that Japan started with a sneak attack at Pearl Harbor.

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