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Massachusetts

After GE: What Connecticut can learn from the Bay State

In a political era when "success stories" are all too rare, Massachusetts shines as a remarkable counter-example. Once denigrated as "Taxachusetts" and infamous as a high-tax, Big Government beachhead, Massachusetts recently ate Connecticut's lunch (and breakfast, and dinner) by attracting its foremost corporate citizen,

Massachusetts

GE’s unplugging leaves many unsettled in Connecticut town

FAIRFIELD, Conn. (AP) — 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. As he approaches retirement and thinks about selling his home in

congress

Conn.-based GE says it may move up to 500 US jobs overseas

Written by Stephen Singer HARTFORD, Conn. (AP) — General Electric Co. said Tuesday that it may move about 500 jobs overseas because Congress did not renew a government program that allows foreign companies to borrow money to buy U.S. products.

New England

Whales return to Long Island Sound after long hiatus

HARTFORD, Conn. (AP) — It has been the year of the whale on Long Island Sound, where fishermen and other boaters have reveled in the return of the marine mammals after a long hiatus. The highly unexpected sightings began in May, when three belugas were spotted off Fairfield, Connecticut. A minke

New England

Connecticut-based GE selling health care finance unit, loans to Capital One

General Electric is selling its health care lending unit and related loans to Capital One for roughly $9 billion as it shrinks its GE Capital finance business. GE announced in April that it would sell most of the assets in the GE Capital subsidiary as it focuses on industrial businesses