GE Transportation, union talks failERIE, Pa. — Talks between GE Transportation and a union have failed to reach agreement on reducing the number of jobs the company plans to cut at its locomotive plant in northwestern Pennsylvania.GE Transportation says it will transfer up to 190 jobs to other facilities and Erie-area companies.The union rejected an offer to agree to a transfer of 122 workers, reduce the number of job classifications and agree to unpaid lunch and elimination of piecework.The company also wants new employees and those called back to work paid about 40 percent less than current employees.

Tesla, SolarCity deal worth $2.6BNEW YORK — Tesla will pay about $2.6 billion for solar panel maker SolarCity in an all-stock deal.The transaction gives SolarCity Corp. stockholders 0.110 Tesla common shares per SolarCity share, which puts the value of SolarCity stock at $25.37 per share. Tesla previously said it would offer $23.56 to $25.30 per SolarCity share.While Tesla has said that the transaction would create a one-stop shop for cleaner energy, some have questioned the motives behind the deal. Elon Musk is the chairman and biggest shareholder of both companies. And SolarCity is run by his cousin, Lyndon Rive.