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A rumor was making the rounds last week that General Electric Chairman Jeffrey Immelt might be departing his corporate job for a position in the federal government. The rumor may have been started by GE shareholders, who can't be pleased with how Immelt's tenure has unfolded since he assumed the
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Date:
6/1/2011
After five years of being told by two different administrations that its extra engine for the F-35 fighter is a waste of money, General Electric still can't take "no" for an answer. Its latest ploy to secure multi-billion-dollar contracts from the Pentagon for the superfluous propulsion system
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Date:
5/12/2011
The jet engine General Electric and Rolls-Royce are developing for the F-35 fighter suffered a major setback last week when the House of Representatives voted to deny funding for fiscal 2011. In doing so, the House followed the advice of defense secretary Robert Gates, who has argued since 2007
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Date:
2/22/2011

