Lawmakers Meet With CEO Over Prospect Of GE's DepartureSen. Chris Murphy says he, Sen. Richard Blumenthal and Rep. Jim Himes have met with General Electric Co. chief executive Jeff Immelt in an effort to keep the industrial giant from leaving Connecticut.
Malloy Confirms Face-to-face Talks With GE About Moving HQConnecticut Gov. Dannel P. Malloy says he met earlier this month with General Electric Co. officials to offer some incentives to keep the company from moving out of state.
General Electric Reporting Larger Profits
GE Sells Fleet Business For 6.9 B To Element FinancialGE recently announced it would sell most of GE Capital over the next two years for about $26.5 billion.
Labor and Advocates Challenge GE Over Taxes
GE Looks At Leaving Connecticut In Response To Higher TaxesThe 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.
Senate President: GE May Be Using Budget As Layoff Cover
GE CEO to Receive Honorary UConn Degree
GE Drops Work On Alternate To Pratt Engine For FighterGE 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.
Subcommittee Moves To Restore Alternate To Pratt EngineThe 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.
Pentagon Officially Notifies GE Of F-35 TerminationIn 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.
Pentagon Orders Halt On Alternative To Pratt EngineThe 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.