General Electric

A picture shows the logo of General Electric.  (ERIC PIERMONT/AFP/Getty Images)

General Electric Reporting Larger Profits

FAIRFIELD, Conn. (AP) — General Electric is reporting larger profits in the second quarter as orders and backlog both improved for the Connecticut-based company. The industrial segment’s operating profit, which is its primary focus with […]


A picture shows the logo of General Electric.  (ERIC PIERMONT/AFP/Getty Images)

GE Sells Fleet Business For 6.9 B To Element Financial

GE recently announced it would sell most of GE Capital over the next two years for about $26.5 billion.


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Labor and Advocates Challenge GE Over Taxes

 HARTFORD, Conn. (AP) _ Labor unions and advocacy organizations are challenging General Electric Co.’s warning that it might leave the state if Connecticut enacts a new, two-year state budget that increases various business-related taxes. The […]


A picture shows the logo of General Electric.  (ERIC PIERMONT/AFP/Getty Images)

GE Looks At Leaving Connecticut In Response To Higher Taxes

The chief executive officer of General Electric Co. has told employees the company has begun looking at the possibility of relocating its Fairfield headquarters in response to the Connecticut legislature’s adoption of a two-year budget that again raises business taxes.


Martin Looney (Courtesy Senate Democrats)

Senate President: GE May Be Using Budget As Layoff Cover

HARTFORD, Conn. (AP) – Connecticut’s Senate president says he believes General Electric may be using the just-passed state budget as “cover” for layoffs the company has been planning. Martin Looney made his comment Thursday morning, […]


Jeffrey Immelt (Courtesy General Electric)

GE CEO to Receive Honorary UConn Degree

STORRS, Conn. (AP) _ The chief executive officer of General Electric Co. will receive an honorary degree and be keynote speaker at the University of Connecticut’s commencement in May. Jeffrey Immelt will receive an honorary […]


Joint Strike Fighter (Carl deSouza/AFP/Getty Images)

GE Drops Work On Alternate To Pratt Engine For Fighter

GE Aviation has abandoned efforts to keep alive development of its alternative engine for the F-35 Joint Strike Fighter. The move leaves East Hartford-based Pratt & Whitney as the sole supplier.


(Brendan Smialowski/Getty Images)

Subcommittee Moves To Restore Alternate To Pratt Engine

The House Armed Services Subcommittee has voted to require the Pentagon to re-open its engine competition if it asks for more money for the engine for the F-35 fighter. Pratt & Whitney is the current engine supplier.


(Brendan Smialowski/Getty Images)

Pentagon Officially Notifies GE Of F-35 Termination

In a victory for East Hartford-based Pratt Whitney Aircraft, which makes the main engine for the military’s F-35 fighter, the Pentagon has notified General Electric that it has terminated GE’s contract for an alternative engine.


(Brendan Smialowski/Getty Images)

Pentagon Orders Halt On Alternative To Pratt Engine

The Defense Department has ordered a stop to work on an alternate engine for the military Joint Strike fighter. Pratt & Whitney Aircraft is the engine’s primary supplier.