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Richard Clough

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LAWRENCE "LARRY" CULP has been appointed CEO of General Electric Co., after the company parted ways with former CEO John Flannery. / COURTESY GENERAL ELECTRIC CO.

GE ousts Flannery after slump, names Lawrence Culp CEO

NEW YORK - General Electric Co. soared after ousting John Flannery less than a year into the job of CEO, and naming a renowned...
GENERAL ELECTRIC CO. has agreed to merge its locomotive business with Wabtec Corp. in a deal valued at $11.1 billion. /BLOOMBERG FILE PHOTO/LUKE SHARRETT

GE revamp picks up pace with $11.1B Wabtec rail deal

NEW YORK - General Electric Co. CEO John Flannery is taking the biggest step yet in his plan to revitalize the beleaguered manufacturer, agreeing to...
GE AGREED TO SELL a portion of its health care business for $1.05 billion. / BLOOMBERG FILE PHOTO/AKOS STILLER

GE to sell health IT assets in $1.05B private-equity deal

NEW YORK - General Electric Co. agreed to sell a portion of its health care business for $1.05 billion as management streamlines the operations and...
GENERAL ELECTRIC'S NEW CEO said said he’s weighing potentially dramatic changes including a breakup into separate businesses. / BLOOMBERG FILE PHOTO/DANIEL ACKER

GE CEO renews pledge to study breakup after $6.2B stumble

NEW YORK - General Electric Co.’s new boss said he’s weighing potentially dramatic changes including a breakup into separate businesses, after the iconic manufacturer...
GENERAL ELECTRIC CO. is trending towards the bottom of the company's profit forecast as CEO Jeffrey Immelt prepares to leave the company./ BLOOMBERG FILE PHOTO/AKOS STILLER

GE tumbles as CFO sees earnings trending to low end of...

NEW YORK - General Electric Co. said it’s trending toward the bottom end of its profit forecast this year as the manufacturer faces ongoing...
GENERAL ELECTRIC CO.'S $31 billion pension deficit is the largest of any S&P 500 company. / BLOOMBERG FILE PHOTO/DANIEL ACKER

GE’s $31b hangover: Immelt leaves behind unfunded tab

NEW YORK - It’s a problem that Jeffrey Immelt largely ignored as he tried to appease General Electric Co.’s most vocal shareholders. But it might...
JOHN FLANNERY WAS NAMED the new CEO of General Electric Co. following the announcement that Jeffrey Immelt is stepping down from his role as both CEO and Chairman. / BLOOMBERG FILE PHOTO/PRASHANTH VISHWANATHAN

GE’s Immelt steps down, Flannery moves up amid Trian squeeze

NEW YORK - Jeffrey Immelt is stepping down as chairman and chief executive of General Electric Co., ending a 16-year tenure in which he...

GE’s Immelt, on `hot seat,’ sees hurdles to Trian profit goal

NEW YORK - General Electric Co. Chief Executive Officer  Jeffrey R. Immelt, under pressure from activist investor Trian Fund Management to boost profit, is...

GE deepens Silicon Valley push with $915M cloud purchase

NEW YORK - General Electric Co. agreed to buy ServiceMax, a cloud-based software company, for $915 million to expand its digital operations and enhance...

GE boosts renewable-energy unit with $1.65B wind deal

NEW YORK - General Electric Co. plans to buy a maker of wind-turbine blades for $1.65 billion, bolstering the renewable-energy business that has become...
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