General Electric was once a massive conglomerate. After getting into material financial trouble during the Great Recession, it has effectively broken itself into its constituent parts. The company ...
GE Aerospace is what remains of General Electric after a series of spin offs. The company makes and services jet engines. GE ...
General Electric, long a symbol of American manufacturing and steeped in a rich history, is officially moving on from its existence as a sprawling conglomerate. The Boston company, known for ...
BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) today announced that it plans to spin off GE Vernova and launch GE Aerospace in the beginning of the second quarter of 2024, subject to final approval from the GE ...
In the 2000s, GE’s expansion was spurred by GE Capital’s success, the company’s financial arm, along with the company’s diversification strategy. However, GE Capital suffered losses and got bailed out ...
GE is selling its lighting unit to smart home company Savant Systems for an undisclosed amount. General Electric Co. Chairman and CEO H. Lawrence Culp Jr. said in a statement Wednesday that the ...
The last big hurrah for General Electric came under the guidance of Jack Welch, a CEO who was held in very high esteem on Wall Street and throughout the business community. But after his departure the ...
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