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Maybe Yale should move. That's the reaction of at least one Yale graduate, the Cato Institute's Walter Olson, to the news that the Connecticut state legislature is reportedly considering imposing a new tax on endowment income of universities with endowments larger than $10 billion.
Massachusetts
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,
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Massachusetts
BOSTON – General Electric selected a location on the Fort Point Channel in South Boston's Seaport District for the site of its new headquarters, and said about 800 people would be located in a three-building complex there once it's finished in 2018. The roughly 2.5-acre site,
Massachusetts
STATE HOUSE — A dispute between General Electric and federal environmental officials is a "separate issue" from the company's forthcoming move to Boston from Connecticut, Gov. Charlie Baker said Thursday. State and Boston officials announced last month that GE would move its global headquarters to the South
Massachusetts
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
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.
Massachusetts
BOSTON (AP) — Before it became a boomtown, Boston's Seaport District — soon the new home of General Electric's global headquarters — was a dreary backwater. Derided for decades as a soulless and barren wasteland, the eastern district on the waterfront long was filled with docks, warehouses and sprawling
New England
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
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