Political Capital

Posts tagged: General Electric


U.S. Vice President Joseph "Joe" Biden speaks during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 5, 2013.

Photograph by Andrew Harrer/Bloomberg *

U.S. Vice President Joseph "Joe" Biden speaks during the U.S. Export-Import Bank annual conference in Washington, D.C., on April 5, 2013.

Koch Brothers vs. Ex-Im Bank

Big business will be lining up to save the Export-Import Bank, right? Not all big business. Not the billionaires Charles and David Koch, whose Americans for Prosperity has been on the record for some time as opposed to the “corporate...

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A General Electric Co. plant in Montrose, U.K.

Photograph by Simon Dawson/Bloomberg

A General Electric Co. plant in Montrose, U.K.

Bloomberg by the Numbers: $13 Billion

General Electric Co. may pay more than $13 billion to acquire the French company Alstom SA. Bloomberg News first reported the news yesterday. Here’s the story by Aaron Kirchfeld, Matthew Campbell and Jeffrey McCracken. “GE had cash and equivalents of...

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A General Electric Co. (GE) manufacturing plant in Montrose, U.K.

Photograph by Simon Dawson/Bloomberg

A General Electric Co. (GE) manufacturing plant in Montrose, U.K.

Bloomberg by the Numbers: $2.5 Billion

General Electric Co.’s Russia unit had earnings of $2.5 billion in Russia and the Commonwealth of Independent States, a loose grouping of ex-Soviet Republics that includes Ukraine, and 3,400 employees in 2012. The figures call attention to how the biggest...

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An MQ-8C Fire Scout unmanned helicopter by Northrop Grumman on the flight line at Naval Base Ventura County Point Mugu, Calif. on Sept. 17, 2013.

Photograph by Chad Slattery/Northrop Grumman via AP Photo

An MQ-8C Fire Scout unmanned helicopter by Northrop Grumman on the flight line at Naval Base Ventura County Point Mugu, Calif. on Sept. 17, 2013.

Northrop Grumman Led All Companies in Lobbying Last Year

In a year that saw Northrop Grumman Corp. fend off efforts to curb purchases of its Global Hawk Block 30 drones and fight defense spending cuts, the No. 5 U.S. contractor spent more money to lobby the government than any...

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Worker Kevin Foste installs a U.S. Chamber of Commerce sign in Washington, D.C.

Photograph by Andrew Harrer/Bloomberg

Worker Kevin Foste installs a U.S. Chamber of Commerce sign in Washington, D.C.

Businesses Want Republicans They Backed to Help Reopen Government

Business groups that helped elect House Republicans now want them to reopen the government. The U.S. Chamber of Commerce, which spent $35.7 million during the 2012 campaign, primarily on behalf of Republicans, sent its lobbyists to Capitol Hill to push...

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Senator Harry Reid, a Democrat from Nevada, on the Capitol.

Photograph by Andrew Harrer/Bloomberg

Senator Harry Reid, a Democrat from Nevada, on the Capitol.

Reid’s Tax, Economic Adviser: Via G.E.

The official biography of Senate Majority Leader Harry Reid’s newest senior staff member is just a bit incomplete. The Nevada Democrat announced today the hiring of Cathy Koch, former chief tax counsel to the Senate Finance Committee, as his adviser...

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Jeffrey "Jeff" Immelt, chairman and chief executive officer of General Electric Co. (GE), speaks during a keynote address at the Minds + Machines 2012: Unleashing the Industrial Internet conference in San Francisco, California, on Nov. 29, 2012.

Photograph by David Paul Morris/Bloomberg

Jeffrey "Jeff" Immelt, chairman and chief executive officer of General Electric Co. (GE), speaks during a keynote address at the Minds + Machines 2012: Unleashing the Industrial Internet conference in San Francisco, California, on Nov. 29, 2012.

Immelt to Boehner: Tax Me

Stipulate that Jeff Immelt, CEO of General Electric, chairs the White House’s council on jobs and competitiveness. Then hear what the chief executive had to say this morning about the budget talks in Washington. “Everybody knows we need revenue,” Immelt...

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