General Electric left Connecticut for Boston two years ago when its shares were trading at about $28. Now GE is trading at about $11 a share and it has fired its CEO, John Flannery, after just over a year at the helm.
The latest round of tariffs on imported goods are taking effect. This round is the largest yet, impacting $200 billion worth of goods from China. The tariffs will likely lead to price increases on products ranging from pork to plastic fences.
New York’s Comptroller Tom DiNapoli says he backs a bill by U.S. Senator Elizabeth Warren of Massachusetts to require that publicly traded companies disclose to the Securities and Exchange Commission, or SEC, how their businesses affect climate change.
Development plans are set for the so-called Nassau Hub. The area around the Nassau Coliseum in Uniondale is mostly parking lot right now, but developers are spending $1.5 billion to build housing, office, and retail space.