Tony Robinson, Author at Providence Business News

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A SHORT-SELLER has accused General Electric Co. of masking financial problems. The company has vehemently denied the allegations, however, the company's stock fell up to 13% Thursday in its biggest intraday decline since late August 2015. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

GE sinks most since 2015 as Madoff accuser excoriates accounting

Economic Activity 08/15/2019

NEW YORK – General Electric Co. fell the most in nearly four years after a prominent whistle-blower working with a short-seller accused the company...

GENERAL ELECTRIC CO. reported a $22.9 billion net loss for the third quarter. The company said this was largely due to a $22 billion non-cash goodwill impairment related to GE Power. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

GE posts major loss, slashes dividend, revamps power as new CEO...

Economic Activity 10/30/2018

NEW YORK - General Electric Co. slashed its quarterly dividend to just a penny a share and outlined a reorganization of its troubled power...

WELCOMING ALLEGIANT: A fire engine shoots a stream of water into the air in celebration of the first flight of Allegiant Air to T.F. Green Airport in September. / PBN PHOTO/MICHAEL SALERNO

Allegiant drops After `60 Minutes’ report on `midair breakdowns’

Economic Activity 04/16/2018

NEW YORK - The parent of Allegiant Airlines dropped following a “60 Minutes” segment detailing a high number of what the program called “midair...

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