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Pratt & Whitney
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
With Osama bin Laden now gone to his reward -- probably not the place where 72 virgins await him -- defense contractors must confront the possibility of a major downturn in military demand over the coming years. The Obama Administration has already canceled four of the top twelve weapons programs
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Date:
5/3/2011
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
Last Autumn, General Electric was widely praised by New York politicians for deciding to create 500 new jobs at its power-generation unit in Schenectady. The mayor said it was a great day for his city. What the mayor didn't mention was that even with the new jobs, GE will be employing less than
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Date:
1/11/2011

