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GE: US May Lose Jobs if Export Agency Expires

The chairman of General Electric, Jeff Immelt, says he may move jobs out of the United States to Canada or Europe if Congress lets the U.S. Export-Import Bank go out of business. The Ex-Im Bank helps U.S. companies export their goods and services with financing and a type of insurance that protects firms in case a foreign customer cannot pay. The companies pay premiums or interest for these services. The Ex-Im Bank's charter expires at the end of June and the usually...

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