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GENERAL ELECTRIC CO. has sold its bio-pharma business to Danaher Corp. for $21.4 billion. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

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...
GENERAL ELECTRIC STOCK jumped the most in almost a decade as the new CEO Larry Culp detailed his efforts to reduce the company’s debilitating debt load, fix the ailing power business and ease lingering uncertainties weighing on the shares. The company also announced a deal to settle a Justice Department probe into its defunct subprime-mortgage unit for less than investors had feared. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

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...
BOTH THE S&P 500 Index and Dow Jones Industrial Average finished Monday near session lows. / BLOOMBERG NEWS FILE PHOTO/RALPH ORLOWSKI

U.S. stocks decline on tech woes; Dollar rallies

NEW YORK - United States stocks started the week on a sour note, with tech shares tumbling as Apple Inc. faltered on signs of weak...
GENERAL ELECTRIC's stock fell toward its recession-era low and the company’s bonds fell sharply after an influential analyst at JP Morgan slashed his price target price. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

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...
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...
HASBRO INC. was named among Ethisphere Institute's 2018 World's Most Ethical Companies.

Ethisphere Institute names Hasbro among most ethical companies in world

PAWTUCKET – Hasbro Inc. was named by Ethisphere Institute as one of the 2018 World’s Most Ethical Companies. The Pawtucket-headquartered toy company has made...
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...
PRESIDENT DONALD TRUMP center, speaks as Ivanka Trump, daughter of Trump, from left, Bayo Ogunlesi, chairman of Global Infrastructure Partners, Ginni Rometty, president and CEO of International Business Machine Corp., Indra Nooyi, chairman and CEO of PepsiCo Inc., Stephen Schwarzman, co-founder and CEO of Blackstone Group LP, Mary Barra, CEO of General Motors Co., Gary Cohn, director of the U.S. National Economic Council, Doug McMillon, president and CEO of Wal-Mart Stores Inc., and Laurence Fink, chairman and CEO of BlackRock Inc., listen. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump’s CEO brain trust comes up short on big ideas for...

NEW YORK - Elon Musk of Tesla and Walt Disney’s Bob Iger have quit. Jeffrey Immelt of General Electric Co. and JPMorgan Chase’s Jamie...
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...
AETNA INC. ANNOUNCED it will relocate its headquarters from Hartford to New York City. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Aetna’s departure from Connecticut latest hit to embattled state

NEW YORK - For every leak Connecticut Gov. Dannel Malloy tries to plug, his ship seems to spring another.As the Democrat contends with a...
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