General Electric reported lower second-quarter earnings Friday following a mixed performance of its industrial division as outgoing chief executive Jeff Immelt prepares to step down. Net income was...
US antitrust regulators on Monday ordered General Electric to divest one of its units in order to win approval for the merger of its oil services business with Baker Hughes. Without the sale, the...
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to...
General Electric on Monday announced the departure of chief executive Jeff Immelt, who had made the risky bet of refocusing the American conglomerate on its industrial roots, particularly energy....
US coal producers welcomed President Trump's decision on Thursday to pull the US out of the Paris climate deal. But the move drew criticism from other business executives, who said it would hurt US...
Tesla founder Elon Musk on Thursday confirmed he would quit White House business panels in reaction to President Donald Trump's decision to withdraw from the Paris climate accord. "Am departing...
President Donald Trump may be dragging out his decision on whether to ditch the Paris climate agreement, but major American corporations have not waited for a government signal to start cutting their...
Fears are growing that President Trump may withdraw the US from the Paris climate agreement Concerns over a possible US withdrawal from the Paris climate agreement are likely to be the main focus of...
Higher power and aviation earnings helped General Electric return to profitability in the first quarter as it announced plans Friday for cost cuts this year and next. But the industrial conglomerate,...
General Electric swung back to profitability in the first quarter Friday as its aviation and power businesses scored strong operating profits growth. GE, which suffered a modest loss in the year-ago...
Most U. S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White...