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GE plans to reimburse Massachusetts for the massive incentive package that helped convince the company to move its headquarters to Boston from Fairfield as it looks to sell its future Fort Point headquarters property and scales back its ambitions.
Flannery’s brief leadership tenure was marked with embarrassments for the company, including a dividend cut last November and the removal of the company from the Dow Jones Industrial Average.
Gov. Dannel Malloy adds that highways are "either a parking lot or a museum."
The deal with Western Alliance Bank is part of General Electric's goal of divesting itself of over $200 billion worth of assets.
State Street Corp. violated Massachusetts law by overcharging customers up to $200 million, according to Mass. Secretary of State William Galvin.
The discount retailer faced a labor dispute in Boston.
Plan promises more tax revenue and employment for town — but only if GE agrees to sell.