Tag: General Electric
UNFI reports $15M loss in Q2; Tarditi named CFO
PROVIDENCE – United Natural Foods Inc. reported a $15 million loss in its fiscal second quarter that ended Jan. 27, or 25 cents per...
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,...
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...
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...
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...
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 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...