(Reuters) – General Electric Co (GE.N) on Monday tapped the planemaking head of Brazil’s Embraer (EMBR3.SA) to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic. Irishman J... More »
(Reuters) – General Electric Co (GE.N) said on Monday it was planning to cut the global workforce of its aviation unit this year by as much as 25%, or up to 13,000 jobs, including both voluntary and involuntary layoffs, citing prolonged aircraft reduction sche... More »
NEW YORK (Reuters) – Three-dimensional printers are letting doctors in Minnesota make simulated body parts in a hospital and a Brooklyn startup create rocket engines designed to put satellites into orbit, executives said Thursday at an event hosted by General ... More »
LONDON (Reuters) – General Electric is raising its bet on biotechnology with the launch of prefabricated manufacturing units for producing virus-based gene and cell therapies, novel anti-cancer treatments and vaccines. Interest in such medicines, which use eng... More »
FILE PHOTO: The General Electric logo is pictured on the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016. REUTERS/Stephane Mahe/File Photo (Reuters) – General Electric Co (GE.N) on Mond... More »
FILE PHOTO – The ticker and logo for General Electric Co. is displayed on a screen at the post where it’s traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – ... More »
General Electric Co's (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the company's shares to a five-year low. More »
General Electric Co (GE.N) executives did not tell the multinational conglomerate's board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street Journal reported on Sunday, citing people familiar with ... More »
Apple Inc and General Electric Co released app-making tools on Thursday tailored to GE's Predix platform for connecting power plants, jet engines and other industrial equipment to the internet. More »
Power grids maker ABB is buying General Electric's Industrial Solutions business for $2.6 billion on a bet that it can improve lackluster margins at the unit over the next five years, the Swiss engineering company said on Monday. More »
General Electric Co (GE.N) wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people fa... More »
SEATTLE General Electric Co (GE.N) has agreed to buy a unit of South Korea’s Doosan Engineering and Construction Co (011160.KS) that produces key components of combined-cycle power plants, the head of the U.S. company’s power division said on Tuesday. The $250... More »
JAKARTA A consortium made up of Indonesia’s state energy firm PT Pertamina and Japan’s Marubeni Corp (8002.T) has signed a deal with General Electric (GE.N) for the U.S. firm to provide gas turbines for a $2 billion power plant in Java, Pertamina said. The con... More »
Alcoa Inc said on Monday it had signed a $1.5 billion long-term contract with General Electric Co’s aviation unit to supply components used in aircraft engines. The aluminum producer will provide advanced nickel-based superalloy, titanium and aluminum componen... More »
General Electric Co (GE.N) expects to announce a decision next month about whether it will move its headquarters out of Connecticut, a spokesman said on Sunday. GE Chief Executive Jeff Immelt had previously said the U.S. conglomerate planned to decide the futu... More »
STOCKHOLM Sweden’s Electrolux (ELUXb.ST) said on Monday its deal to buy General Electric’s (GE.N) appliance business had fallen through after GE terminated the $3.3 billion agreement. The U.S. Department of Justice asked a federal court in July to stop Electro... More »
In a sign that what is old is new again, U.S. conglomerate General Electric Co is producing its own science fiction podcast series in an effort to raise its profile among a younger, tech-savvy audience. GE, in partnership with The Slate Group’s podcast network... More »
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