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20 Feb 2011 17:07

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Politics: A Senate revival? The secondary F-35 engine that just won’t die

  • yes House GOP leadership, led by Speaker John Boehner (whose state stood to benefit), fought for additional funding for the F-35 Joint Strike Fighter’s second engine.
  • no However, it was forced out of the bill thanks to the hard work of Rep. Tom Rooney, who corralled the freshmen Republicans to block the amendment. Whoo!
  • yes Now, Sens. John Kerry and Scott Brown, among others, are working to ensure the funding gets back in the bill. Hey, at least it’s bipartisan, right? source

17 Feb 2011 10:14

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Politics: Who’s Tom Rooney, and how did he beat John Boehner, anyway?

  • We had to school them quickly. We hit a lot of them very fast, and told them it was a cut in front of them today, versus what may or may not happen in the future.
  • Florida Rep. Tom Rooney • Explaining the process he used to corral freshmen House members to help kill the funding for a competitive engine for a F-35 Joint Strike Fighter – against the plans of John Boehner, who pushed the bill on House leaders largely because the chief beneficiary, GE, is a major employer in Ohio, his home state. The plan, which would’ve cost $450 million, wasn’t to build the engine itself but to have a backup just in case something goes wrong. Rooney, a sophomore congressman, corralled 47 freshman House members to score a 233-198 vote on an amendment that scuttled the program. Not bad, kid. You’re gonna go far. source

22 Jan 2010 10:24

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Biz: It’s Jeff Zucker’s fault: GE’s profits dipped significantly last quarter

  • 19% freefall when “The Jay Leno Show” was on the air source

03 Dec 2009 10:14

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03 Dec 2009 09:53

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30 Nov 2009 20:40

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Biz: An electric company and a water company make a deal on a media giant

  • GE and Vivendi agree on terms that’ll allow a Comcast deal to go forward. How much is Vivendi’s 20% stake in NBC Universal? $5.8 billion. At least that’s the number the water company agreed on with General Electric. GE, which owns 80% of the company, is in the midst of building a 50/50 joint venture with media giant wannabe Comcast. The deal clears the way for that to happen. source

09 Nov 2009 10:55

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Biz: Daily poll: Is Comcast’s possible buy of NBC Universal good or bad?

  • By the end of the week, it’s likely that GE and Comcast will have agreed on a deal to give most of NBC Universal to the cable company. Owning a chunk of the content pie is something that Comcast has been angling for – most famously, they tried making a deal for Disney back in the day. But is it good for consumers? Vote above. source
 

03 Oct 2009 10:00

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Biz, Culture: Comcast tries to wheel and deal its way into NBC Universal

  • $30 billion the estimated value of the deal Comcast (who’s looking for a big-media venture) and GE are working out for the network/film studio
  • 51/49 split the breakdown of who would get what; Comcast would (barely) be the majority partner in this deal to run Jay Leno’s life source

02 Aug 2009 12:02

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Politics: A Olbermann & O’Reilly truce? TV’s biggest talking heads cool it

Bill and Keith’s hands were forced by their parent companies, News Corp. and GE. That’s right: The fight had actually started hurting the corporate overlords. source