November 13, 2023
General Electric’s aerospace unit agreed on Monday to pay $9.4 million to settle federal government claims that a Massachusetts plant sold parts to the U.S. Army and Navy that were not properly inspected or did not meet specifications. The U.S. …
March 16, 2021
A federal judge on Thursday dismissed a lawsuit from New York state against the federal Environmental Protection Agency over its 2019 decision that General Electric had completed a Hudson River dredging remediation project. The Times Union of Albany reported U.S. …
October 7, 2020
General Electric said on Tuesday it has received a notice from U.S. Securities and Exchange Commission staff, warning that the company could face a civil action for possible violations of securities laws related to accounting practices for some of its …
September 13, 2019
A grand jury in Alaska this week indicted General Electric’s Baker Hughes, two of its subsidiaries and an employee, for 25 felony charges of assault relating to toxic chemical releases at a construction site, according to authorities. The indictment charges …
July 5, 2017
Aetna Inc., the third-largest U.S. health insurer, will move its corporate headquarters to New York City next year, making it the latest company to leave Connecticut as the state raises taxes and deals with a budget deficit. New York will …
June 5, 2017
Connecticut officials are again re-examining how they can dissuade companies like General Electric and now possibly insurance giant Aetna from relocating to places considered more innovative. A string of state budget deficits, state and local tax policies, as well as …
June 2, 2017
President Donald Trump’s decision to isolate the U.S. on climate change triggered waves of complaints from government and business leaders around the world and handed China a golden opportunity to burnish its image as a global leader. Trump’s withdrawal from …
June 1, 2017
The state of Connecticut, once known as the insurance capital of the world, has been trying to woo health insurer Aetna with incentives to stay in the state, Governor Dannel Malloy said on Wednesday. His remarks came in response to …
June 29, 2016
General Electric Co. won approval to drop its designation as a too-big-to-fail financial institution, capping a transformation that has included the sale of nearly all of its lending business. The decision marks the first time a company has been granted …
January 20, 2016
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 …