Chief Executive Jeff Immelt told a conference Wednesday that the company is examining a range of strategic options that could include an initial public offering of some parts of the business, GE Capital. And as a measure of his commitment, Mr. Immelt ...
11, 1924, in honor of the 748 Fort Wayne Works General Electric Company employees who served in World War. The names of the six employees who �made the extreme sacrifice� and died serving their country are named at the top of the memorial.
Scientists at General Electric Global Research have created a ceramics technology that the company said will improve jet engine fuel efficiency and make engines lighter, and now a GE facility in Delaware has the task of developing manufacturing methods ...
Stocks were boosted by Fed Chairman Ben Bernanke's Congressional testimony about the economy and monetary policy, but came off highs as he discussed when the Fed might start paring back on its bond buying program.
Shares of General Electric (NYSE: GE ) are down 0.9% after the company announced yesterday that it is considering spinning off GE Capital. As part of the company's plan to reduce it size, it would take GE Capital to the capital markets and offer it up ...
GE has been selling assets at the financial unit, including banking and insurance operations, for several years to reduce its reliance on a business that once accounted for half of its earning.
In an email to The Huffington Post on Sunday, GE spokesman Seth Martin wrote that the company paid $3.2 billion in cash income taxes worldwide, including in the U.S.
GE CAPITAL this week is embarking on an elaborate advertising campaign with Slate.com featuring a six-month roadshow across the United States meant to stimulate its lending to midsize businesses.
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