Tag: Ge
Jack Welch, the GE chief who became a superstar, has died
BOSTON (AP) — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a...
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...
Retirees thought GE would take care of them forever. It didn’t
NEW YORK – Back in 1971, when he went to work at a General Electric Co. plant in upstate New York, John Phelps probably...
GE tumbles back toward 2009 bear-market low on JPMorgan warning
NEW YORK - General Electric Co. plunged toward its recession-era low and the company’s bonds fell sharply after an influential analyst slashed his price...
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...
WSJ: GE to auction off digital assets
PROVIDENCE – General Electric Co. is seeking a buyer for key parts of its digital business, according to the Wall Street Journal Monday.
The company...
GE to sell health IT assets in $1.05B private-equity deal
NEW YORK -Â General Electric Co. agreed to sell a portion of its health care business for $1.05 billion as management streamlines the operations and...
How to present your way to the top
It’s easy to understand why so many otherwise capable people are distressed, anxiety-ridden and almost paralyzed if they’re called upon to make a presentation....
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