Richard Clough
GE taps Maersk executive for CFO post as Culp extends revamp
NEW YORK – General Electric Co. hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner...
GE soars as another boost to cash forecast buoys turnaround
NEW YORK – General Electric Co. surged after the manufacturer raised its 2019 cash-flow forecast for the second straight quarter, giving CEO Larry Culp’s...
GE freezes pension benefits to cut deficit by $8B
NEW YORK – General Electric Co. took another step to cut the debt hampering its turnaround, freezing pension benefits for more than 20,000 United...
GE’s challenges linger as superstar CEO reaches one-year mark
NEW YORK – A year ago, General Electric Co.’s investors cheered the appointment of Larry Culp as the right move to fix the broken...
CEO-to-CEO call paved way for United Technologies/Raytheon blockbuster
NEW YORK – When Greg Hayes took the reins at United Technologies Corp. in late 2014, the newly minted CEO said he would pursue...
GE soars on $21.4B sale of bio-pharma business to Danaher
NEW YORK - General Electric Co. surged as much as 19 percent after agreeing to sell its bio-pharma business to Danaher Corp. for $21.4...
GE to repay Mass. $87M for scaled-back headquarters plan
NEW YORK - General Electric Co. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that...
GE soars most since 2009 as new CEO’s rescue plan gains...
NEW YORK - Larry Culp’s first appeal to General Electric Co. investors didn’t go so well back in October. This time it’s a different story.
GE...
GE posts major loss, slashes dividend, revamps power as new CEO...
NEW YORK - General Electric Co. slashed its quarterly dividend to just a penny a share and outlined a reorganization of its troubled power...
Raytheon boosts forecasts as sales rise across all businesses
NEW YORK - Raytheon Co. raised its 2018 outlook as the defense contractor said international orders and work on classified programs helped it generate higher...
- Featured Event -
