GE on the move: HQ moving to Boston, Healthcare to Chicago

General Electric ($GE) is moving its corporate headquarters from Fairfield, CT, to Boston. The move was likely inspired by the growing desire of workers to live in urban areas. Regardless, Boston's booming med tech (and biopharma) scene will be a boon for the company's device unit. In fact the company said it will move 600 digital industry product managers to the new HQ, including some in charge of life science-related technology. But GE Healthcare will now be based in Chicago, instead of the U.K., as previously reported. GE also announced that it is adding 100 jobs to its Global Research Center in Niskayuna, NY, which may be a consolation prize, for the state also made a bid to secure the new headquarters. More on the new HQ | Here's more about the R&D facility