Tag: General Electric Co.
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...
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...
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...
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...
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’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...
GE cautious on R.I. job growth
Gov. Gina M. Raimondo last year heralded the arrival of GE Digital, a technology division of General Electric Co., marking a triumphant moment in...
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...
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...
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