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Richard Clough

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THE BLOCK Island Wind Farm’s main turbine installation vessel – Fred. Olsen Windcarrier’s Brave Tern – arrived late last month. The 30-megawatt project is expected to begin commercial operation in early November. / COURTESY DEEPWATER WIND

GE summons Enron’s ghost as first U.S. offshore wind farm rises

Blade by blade, General Electric Co. is building part of its future a few miles off the Rhode Island coast, turning a one-time piece...
GOV. GINA M. Raimondo and Jeffrey S. Bornstein, GE chief financial officer, are shown at a press conference earlier this month about General Electric Co.'s plans to open a new technology center in Providence; it plans to employ 100 individuals to start. / PBN FILE PHOTO/ MICHAEL SALERNO

GE finance chief sees digital growth accelerating past 2020

PROVIDENCE - General Electric Co. is on track to triple the size of its software business by 2020, which is one of the reasons...

Caterpillar, GE seen as potential activist investor targets

NEW YORK - Look out Caterpillar Inc., Textron Inc. and Deere & Co.: You’re showing the telltale signs that you might be targeted by...

Lockheed in advanced talks on $8B Sikorsky deal, WSJ says

NEW YORK - Lockheed Martin Corp. is in advanced talks to acquire United Technologies Corp.’s Sikorsky helicopter business, the Wall Street Journal reported. A deal...

GE agrees to France’s request to extend Alstom bid deadline

General Electric Co. agreed to a French government request to extend by three weeks the deadline for its planned $17 billion purchase of Alstom...

GE’s Alstom bid threatened as France bolsters anti-takeover law

General Electric Co.’s $17 billion bid for Alstom SA’s energy business is in jeopardy after France gave itself the power to block foreign takeovers...
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