Tag: general electric
Jack Welch’s former Fairfield estate listed at $7.99M
Welch acquired the property site in 1999 for $2.4 million.
New book claims GE left Connecticut after snub by congressional reps
The book also noted that then-Chief Financial Officer Jeff Bornstein called Fairfield a "morgue."
Jack Welch, former General Electric chief executive, dies at 84
His 30-year leadership tenure was marked with significant corporate expansions and equally dramatic workforce layoffs.
Maura Smith joins Law Offices of Edward Nusbaum as partner
Smith has also served as an arbitrator for the American Arbitration Association.
Gov. Cuomo and AG James to sue EPA over GE’s PCB...
The EPA's Walter Mugdan insisted his agency will "move forward with the important work to continue to address PCBs in the Hudson River."
GE selling biopharma business for $21.4 billion
Last year the biopharma business, part of GE's life sciences division, generated revenues of approximately $3 billion.
General Electric downsizing Boston HQ plans
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.
General Electric dumps CEO John Flannery after 14 months
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.
First Reserve acquires Dresser Natural Gas Solutions
First Reserve previously owned the Houston-based business for approximately 10 years before selling it in 2011 to General Electric.
SHU construction projects continuing apace
There’s rarely a dull moment when it comes to construction at Sacred Heart University. “We’re busy,” said Senior Vice President for Finance and Administration Michael Kinney. “We’re always busy.”
PwC expanding Stamford location, promises 400 new jobs
The Connecticut Department of Economic and Community Development will provide up to $9 million in grants for training, equipment, and leasehold improvements at PwC’s 300 Atlantic St. location.
General Electric cutting 80 jobs in Norwalk
GE is looking to cut 25 percent of its corporate and research center jobs as part of a plan to trim at least $3 billion in expenses over two years.
Records show how Connecticut tried to keep GE from moving out
Connecticut officials secretly offered General Electric three proposals to keep it from the leaving state, according to newly released documents obtained in an open records request.
Trumbull Home Depot adding solar panels to reduce electricity demand
The rooftop solar project is part of the company’s efforts to utilize 135 megawatts of alternative and renewable energy by 2020.
Business travel drives Fairfield and Westchester counties’ still lagging hotel market
Many hotels in Fairfield and Westchester attract corporate guests attending conferences in the region or meetings with companies headquartered here.