GE’s Jeff Immelt to appear before French government today

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GE CEO Jeff Immelt is set to appear before the French parliament on Tuesday to defend the company’s $16.9 billion big for Alstom’s energy unit, according to a story in Reuters this morning. The story cites an agenda for the parliament’s economics committee that has Immelt on top for a public hearing. Ir was originally […] [Read More]
Categories: GE
Beth Cutler

Old Greenwich wealth advisors promoted

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Beth F. Cutler, a Greenwich resident, was recently promoted to senior vice president, investor officer, at the Cutler and Andrews Financial Group of Wells Fargo Advisors, which is located in Old Greenwich. Before joining Wells Faro, Cutler was vice president of investments at UBS Financial Services in Greenwich from 2003 to 2008. Before that, she […] [Read More]
Categories: General

With aid from state, Starwood to add 340 new employees –updated

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Continuing his push to keep companies from fleeing the state during an election year, Gov. Dannel P. Malloy announced on Thursday that Starwood Hotels & Resorts Worldwide will add 340 new full-time positions to its headquarters in Stamford as part of an economic incentive deal with the state. In return for what has been estimated […] [Read More]

Starwood signs expanded longterm lease with BLT

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Starwood Hotels & Resorts has signed a new lease with Building and Land Technology for the hotel giant’s expanded global headquarters at One StarPoint in Harbor Point. BLT CEO Carl Kuehner made the announcement today along with Kenneth Siegel, chief administrative officer and general counsel of Starwood. The new 430,000-square-foot, 20-year lease affirms Starwood’s presence […] [Read More]
Categories: General

CFTC wins $108 million judgement against ‘phantom’ gold dealer

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Remember a year back or so, the CFTC brought allegations of fraud against Las Vegas-based Hunter Wise for selling gold the government agency said it didn’t have. Hunter Wise steadfastly defended itself in court, even filing a suit of its own questioning CFTC jurisdiction. This week, a federal judge in Florida ruled in favor of […] [Read More]
Categories: General
Dr. Ed Altman

NYU Prof hired by Greenwich firm

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Greenwich-based Tradex Global Advisors, an alternative asset management company, announced Tuesday that Ed Altman has joined the firm’s high-yield team to help execute the firm’s short-biased high-yield strategy. Altman is the Max L. Heine professor of finance at New York Uuniversity’s Stern School of Business. He is also the director of research in credit and […] [Read More]
Categories: General

Online dealer for farmers market adds Westchester vendor

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Fresh Nation, a farm-to-table service that delivers freshly picked produce for online shoppers, is adding a Westchester vendor to its array of online options. The company announced on Tuesday a “strategic partnership” with Pleasantville Farmers Market. “We are thrilled to partner with the Pleasantville Farmers Market, which is one of the best and largest markets […] [Read More]
Categories: Food, Stamford

A rough day for WWE

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WWE has taken a huge hit since Thursday, when news of a multi-year deal with NBCUniversal was announced. The Stamford-based entertainment company watched its stock drop 50 percent in early trading today, according to the Hartford Courant. At the close of trading today, WWE’s stock fell $8.66, or 43.45 percent, to $11.27. The company also […] [Read More]
Categories: General