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Storied General Electric to split into 3 public companies

The storied American company General Electric will divide itself into three public companies focused on aviation, health care and energy. The company, founded in 1892,...
GENERAL ELECTRIC CO. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that is now being scaled back. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

GE to repay Mass. $87M for scaled-back headquarters plan

NEW YORK - General Electric Co. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that...

Dare to take risks

Jack Welch, former chairman and CEO of General Electric Co., talked about the three jobs he had growing up in Salem, Mass.: caddying, punching...

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...
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...

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

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...
LOOKING TO MAKE A CHANGE: Cranston Mayor and gubernatorial candidate Allan W. Fung is looking to reverse the outcome of the election four years ago, when he lost to Gina M. Raimondo for the top Rhode Island office. / PBN FILE PHOTO/RUPERT WHITELEY

Fung’s back! Do voters share his despair over the state’s direction?

Allan W. Fung, the nine-year mayor of Cranston, has launched a second campaign for governor, once again targeting now-incumbent Gina M. Raimondo, and pointing...
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...

What’s bad for GE is worse for America

General Electric’s multibillion-dollar loss in a unit that sold long-term-care insurance is a blow from which the iconic company is still reeling. But it’s...
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