GE didn’t deliver on jobs. Now, France wants up to $60m

Paris: Four years ago, General Electric Co made a commitment to win France’s approval to buy Alstom SA’s energy business: it would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in France by end-2018, failing which it would pay the French government a fine of €50,000 ($57,000; […]