General Electric said on Thursday it plans to invest more than $450 million in its existing manufacturing facilities in the United States this year and hire more than 1,700 employees, in a bid to bolster its aerospace and energy businesses. The move comes as the Boston-based conglomerate is wrestling with inflationary and supply-chain pressures, and…
GE Plans to Invest Over $450 Million to Upgrade US Manufacturing in 2023
GE HealthCare Rises 8 Percent in Market Debut, Eyes Small Deals
GE HealthCare Technologies Inc.’s shares rose as much as 8.4 percent in their Nasdaq debut on Wednesday and its chief executive said the company was looking to do small acquisitions to boost its cardiology and oncology operations in the long term. The company, which was spun off from conglomerate GE, had opened 3 percent lower…
Illegal Immigration Is Root Cause of Many Issues Facing New York City, Says Republican Candidate
November 5, 2022
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Illegal immigration badly affects New York as it subsequently leads to other issues, according to Michael Zumbluskas, the Republican candidate who is running for New York’s 12th Congressional District. Zumbluskas will be squaring off against two opponents in this November’s midterm elections, including longtime Democratic congressman Rep. Jerry Nadler and Mikhail Itkis, a member of…
Illegal Immigration Is One of ‘Biggest Problems’ Facing New York City, Says Republican Candidate
November 5, 2022
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2022 Midterm ElectionsGEjerry nadlerLocal NewsNew YorkNY NewsNY PoliticsPoliticsRegional-Local NewsUSUS NewsWaste management
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Illegal immigration badly affects New York as it subsequently leads to other issues, according to Michael Zumbluskas, the Republican candidate who is running for New York’s 12th Congressional District. Zumbluskas will be squaring off against two opponents in this November’s midterm elections, including longtime Democratic congressman Rep. Jerry Nadler and Mikhail Itkis, a member of…
‘A Statement of Confidence’: General Electric Analysts React to Breakup Plans
General Electric Company shares pulled back 1 percent on Wednesday after rallying on Tuesday following news the company is planning to break into three different entities. GE announced it will divide into three different companies focusing on aviation, health care and energy. GE is hoping the split will allow the company to unlock value for…
NTD Business Full Broadcast (Nov. 9)
Prices paid to producers stay as high as they’ve been for decades. Gasoline was up almost 7% in the last month alone. General Electric announcing it’s splitting itself into three different companies, after years of its stock underperforming. How could splitting up help? And the supply chain crisis is affecting the pharmaceutical industry. Over 100…
FBI Unit Head Testifies Against Chinese Agent Accused of Recruiting Spies to Steal US Aircraft Tech
November 3, 2021
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The head of the FBI counterintelligence unit in southern Ohio testified in the espionage trial of Xu Yanjun, a Chinese agent accused of recruiting spies to steal tech from U.S. aviation companies, reported media WCPO. FBI supervisory special agent Bradley Hull told a U.S. District Court in Cincinnati on Monday that Chinese agents had downloaded 200…
Chinese Agent Downloaded 200 Family Photos of GE Engineer in Bid to Recruit Them to Steal US Tech, FBI Agent Testifies
November 3, 2021
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aviationChinaChinese RegimeCrime and IncidentsGEInfiltrating the WestInternational RelationsSpecial TopicstheftUSUS NewsUS-China relations
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The head of the FBI counterintelligence unit in southern Ohio testified in the espionage trial of Xu Yanjun, a Chinese agent accused of recruiting spies to steal tech from U.S. aviation companies, reported media WCPO. FBI supervisory special agent Bradley Hull told a U.S. District Court in Cincinnati on Monday that Chinese agents had downloaded 200…
GE Mandates COVID-19 Vaccines for US Workers
CHICAGO—General Electric Co. has asked its U.S.-based workers to get COVID-19 shots or seek a medical or religious accommodation by Dec. 8 in order to comply with U.S. President Joe Biden’s executive order. Biden last month signed the order requiring federal contractors to mandate COVID-19 shots for employees and get them vaccinated by Dec. 8….
A Glimpse of China’s Ownership in US
Commentary China is more involved in your life than you might think. Sure, who doesn’t like fried rice? Who doesn’t own a thing “Made in China?” However, the kind of involvement I am talking about runs deeper than that. Precisely speaking, the Chinese Communist Party (CCP) is becoming increasingly involved in the everyday lives of…
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