It’s not just the loss of loyal customers that worries jeweler Howard Diamond, or the extra tax burden that businesses like his may have to carry as General Electric pulls the plug on Fairfield, Connecticut. As he approaches retirement and …
The cause of a fire that ignited at a warehouse at General Electric’s Appliance Park in Louisville, Ky., on Friday could take weeks to uncover. The Courier-Journal reports the blaze was first spotted around 6 a.m. As it grew, plumes …
American International Group Inc. and General Electric Co.’s finance unit were designated systemically important by U.S. regulators, a ruling the companies had already agreed to accept. The vote by the Financial Stability Oversight Council subjects AIG and GE Capital to …
Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk to the financial system, becoming the first company to challenge the label that brings additional oversight. Prudential requested a hearing …
A federal judge refused on Thursday to throw out a lawsuit accusing General Electric Co and its chief executive of misleading investors about the conglomerate’s financial health and exposure to risky debt during the 2008 financial crisis. The decision by …
Aspen Insurance Holdings Limited announced that the Company’s Board of Directors has appointed Ron Pressman to the Board in a non-executive capacity with immediate effect. He has also been appointed to the Company’s Compensation and Investment Committees. Board Chairman Glyn …
The Japanese nuclear crisis has created a public-relations headache for General Electric, but the company so far has escaped any legal fallout, and many experts expect it will continue to do so. GE designed the Mark 1 containment systems used …
