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American industrial company

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General Electric: American industrial company
General Electric Company (GE) is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance and lighting.

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GE pitches for new business with Airbus

ge pitches for new business with airbus
General Electric Co. is looking for new business from Airbus SE, as the engine maker's other big customer, Boeing Co., retrenches. GE is in talks with Airbus to design and sell an engine variant for..
WorldNews - Published

Stocks lose steam in wake of Fed statement

The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple, Boeing and General Electric following their quarterly results faded in the wake of a policy announcement from..
Reuters - Published

Videos for General Electric


Stocks end mixed after Fed holds rates steady [Video]Stocks end mixed after Fed holds rates steady

Stocks on Wall Street gave up most of their early gains to close mixed Wednesday after the Federal Reserve's latest decision on monetary policy. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:25Published

Boeing CEO faces epic challenge in new job [Video]Boeing CEO faces epic challenge in new job

Boeing's new CEO David Calhoun assumed the top job on Monday as the planemaker battles to recover a crisis caused by two fatal crashes of the 737 MAX planes in five months. Conway G. Gittens takes a..

Credit: Reuters Studio     Duration: 01:51Published

 

S&P 500 fades to end lower after Fed policy announcement

The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple Inc , Boeing Co and General Electric Co following their quarterly results faded in the wake of the policy..
Reuters - Published

GE shares jump 10% on profit beat, higher 2020 cash target

General Electric Co sold more investors on its turnaround story on Wednesday, sending shares 10% higher on its quarterly profit and cash results that beat forecasts, and its bullish cash target for..
Reuters - Published

Apple, Boeing lift Wall Street ahead of Fed decision

U.S. stock indexes rose on Wednesday, boosted by shares of Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus..
Reuters - Published

Wall St. edges higher on Apple, Boeing strength; Fed in focus

U.S. stock indexes edged higher on Wednesday, boosted by gains in Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading..
Reuters - Published

GE to halve 737 MAX engine deliveries but raises cash target

General Electric Co plans to slash 737 MAX engine deliveries to Boeing Co roughly in half this year but set higher cash target for 2020 as it reported quarterly profit and cash flow that beat analysts'..
Reuters - Published

GE beats profit, cash flow estimates on aviation, lower spending

General Electric Co quarterly profit and cash flow beat analysts' estimates on Wednesday, boosted by its aviation unit, but the industrial conglomerate set a relatively modest profit target for 2020.
Reuters - Published

GE profit rises 30% on aviation boost

General Electric Co on Wednesday reported a 30% jump in quarterly profit, boosted by its aviation business, but forecast 2020 profit below estimates.
Reuters - Published

GE granted license to help investigate Ukrainian plane downed by Iran

General Electric Co has received a license from the U.S. Treasury Department to help in the investigation of a Ukrainian passenger plane accidentally shot down by Iranian forces, a GE spokesman told..
Reuters - Published

New Boeing CEO Calhoun is hardened corporate crisis manager

Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the..
Reuters - Published

New Boeing boss Calhoun is a tough-minded veteran of crisis

Beleaguered Boeing Co is putting its future in the hands of an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a..
Reuters - Published

Factbox: From GE to media, Boeing's new CEO

Boeing Co appointed Chairman David Calhoun as chief executive to steer the world's largest planemaker through a crisis after two deadly crashes led to the grounding of its best-selling 737 MAX..
Reuters - Published

Exclusive: India's NTPC snubs foreign emissions tech, shuts out GE, others from $2 billion orders

Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion..
Reuters - Published

Fujifilm to buy Hitachi's medical equipment business for $1.7 bln

fujifilm to buy hitachi's medical equipment business for $1.7 bln
Fujifilm Holdings Corp said on Wednesday it is buying Hitachi's diagnostic imaging business for 179 billion yen ($1.65 billion) to better compete with Siemens and General Electric in the medical..
WorldNews - Published

GE raises cash forecast, beats on adjusted EPS, lifting shares

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, but on an adjusted basis beat analysts' profit estimates, helped by higher prices for aircraft parts and a strong..
Reuters - Published

Boeing Strips CEO of Chairman Role. Here’s What’s Next for the Stock.

boeing strips ceo of chairman role. here’s what’s next for the stock.
October is shaping up to be a big month for Boeing. Earnings are next week on October 23. After that, CEO Dennis Muilenburg will testify before Congress. This past weekend was busy for the commercial..
WorldNews - Published

General Electric freezing pensions for about 20,000 workers

General Electric said it's freezing pensions for about 20,000 U.S. employees. Retirees who are already collecting pensions won't be affected, but other workers won't see any growth in their pension..
CBS News - Published Also reported by •Reuters

4 reasons the corporate pension is on its deathbed

General Electric's move to cut its pension liabilities is simply the latest corporate pivot away from guaranteed retirement benefits.
USATODAY.com - Published

GE freezes benefits for 20,000 employees due to pensions crisis

ge freezes benefits for 20,000 employees due to pensions crisis
New York — General Electric (GE) took a step to cut the worst pension deficit in corporate US, freezing benefits for more than 20,000 employees. The ailing manufacturer also plans to contribute as..
WorldNews - Published

GE to freeze, pre-pay pensions to save up to $8 billion, cut debt

General Electric Co said on Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other related moves to help the ailing conglomerate cut debt and reduce its retirement fund..
Reuters - Published

GE to freeze pension plans for about 20,000 U.S. workers to cut debt

General Electric Co said on Monday it was freezing pension plans for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate makes another drastic move to cut debt and reduce..
Reuters - Published Also reported by •CBS News

General Electric offers pension buyouts, freezes benefits to reduce debt

General Electric is offering buyouts to about 100,000 pensioners and freezing the retiree payments for about 20,700 salaried pensioners.
USATODAY.com - Published

Grand jury indicts GE's Baker Hughes for exposing workers to toxic chemicals

A grand jury in Alaska this week indicted General Electric's Baker Hughes , two of its subsidiaries and an employee, for 25 felony charges of assault relating to toxic chemical releases at a..
Reuters - Published

GE begins divestment of Baker Hughes with $2.7 billion share sale

General Electric Co (GE) on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.
Reuters - Published

GE to sell out of majority control over Baker Hughes

ge to sell out of majority control over baker hughes
Houston-based Baker Hughes, a GE Company (NYSE: GE), might not be a GE company much longer — its parent, General Electric Co. (NYSE: BHGE), is selling off 105 million shares of its Class A common..
WorldNews - Published

General Electric wins partial dismissal of shareholder lawsuit

A federal judge in Manhattan on Thursday partially dismissed a lawsuit by investors in General Electric Co that accused the company of concealing $24 billion in insurance liabilities and using..
Reuters - Published

New York sues EPA over GE's Hudson River PCB cleanup

New York sued the U.S. Environmental Protection Agency on Wednesday, accusing the agency of prematurely allowing General Electric Co to stop clearing the Hudson River of PCB contamination before the..
Reuters - Published

General Electric fortifies defense against charges of bogus accounting

General Electric Co reinforced its defense of its accounting practices on Monday after investors asked more questions about an unusual research report last week that accused the jet engine and power..
Reuters - Published

Whistleblower accuses General Electric of fraud, misleading investors

whistleblower accuses general electric of fraud, misleading investors
A whistleblower who warned regulators about Bernard Madoff’s Ponzi scheme is now accusing General Electric of misleading investors, sending the company’s stock on a downward spiral. Investigator..
WorldNews - Published

GE shares fall on Madoff whistleblower calling its finances a fraud

General Electric Co shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff's Ponzi scheme, said GE was concealing deep financial..
Reuters - Published

General Electric shares fall after new report alleges 'bigger fraud than Enron'

general electric shares fall after new report alleges 'bigger fraud than enron'
General Electric shares plunged Thursday after a Madoff whistleblower accused the conglomerate of using accounting tricks to hide $38 billion in losses and called it "a bigger fraud than Enron." Harry..
WorldNews - Published

GE CEO calls Markopolos report 'market manipulation' and 'false'

General Electric Co Chief Executive Larry Culp said on Thursday that a report alleging GE was hiding financial problems was "market manipulation – pure and simple."
Reuters - Published

GE shares fall on report alleging its finances are worse than disclosed

General Electric shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff's Ponzi scheme, said GE was concealing deep financial problems.
Reuters - Published

Tory MP accidentally reveals 'General Election 2019' email

Ex-education secretary Damian Hinds lets slip the existence of a 'GE team' - fuelling belief that UK is heading to the polls soon
Independent - Published

GE swings to loss, but outlook is improving

ge swings to loss, but outlook is improving
BOSTON (AP) — General Electric Co. swung to a loss during the second quarter, but its outlook improved as it continues to right its troubled power division. GE...
WorldNews - Published

General Electric to scrap California power plant 20 years early

General Electric Co said on Friday it plans to demolish a large power plant it owns in California after only one-third of its useful life because the plant is no longer economically viable.
Reuters - Published

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital..
Reuters - Published

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