GENERAL ELECTRIC

At Issue: U.S. Economy

Does GE Provide a Snapshot of the U.S. Economy?

Is there a way to get a quick-read on the U.S. economy, for those who are time-pressed, and don't have time to review the latest economic reports from the U.S. Federal Reserve? Indeed there is: review the performance of diversified industrial giant General Electric (GE).

GE's Immelt Overcoming Welch's Legacy

GE CEO Jeff Immelt
GE chairman and CEO Jeff Immelt had big shoes to fill in following Jack Welch as the company's leader. He's faced stiff challenges, but he's reshaping the company and starting to win.
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The U.S. Capitol

Summers: U.S. Default Would Be Worse Than Lehman's

A U.S. Government default must be avoided by Washington lawmakers at all costs, former U.S. Treasury Secretary Lawrence Summers underscored, as it would trigger a financial panic worse than that precipitated by the collapse of Lehman Brothers in late 2008.
Ford Motor Company

Top 10 Biggest Companies in US (PHOTOS)

Time Inc.'s Fortune magazine released its annual Fortune Global 500 list, which is a ranking of the top 500 corporations worldwide as measured by revenue. Start slideshow to view a gallery of the top 10 biggest companies in the US.
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GE reaches tentative 4-year deal with unions

General Electric Co on Sunday reached a tentative, four-year national labor contract with two key unions that cover more than 15,000 GE workers, or about 11 percent of its U.S. employees.
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Stock index futures signal rebound

Stock index futures pointed to a firm opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.4 percent at 0735 GMT (2:35 a.m. ET).
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Sealed Air to acquire Diversey for $2.9 billion

Bubble Wrap maker Sealed Air Corp said it will buy privately held cleaning products maker Diversey Holdings for $2.9 billion in cash and stock, to enter the chemical cleaning and hygiene industry.
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Tepco to pick insider as boss after record loss: report

Tokyo Electric Power Co will promote a company insider to be its next president when the stricken Japanese utility reveals a net loss of as much as $18 billion, media say, the biggest corporate loss in the country outside the financial sector.

Alabama Nuclear Plant Shut Down, Reactors 'Cooled'

The Tennessee Valley Authority has shut down its undamaged Browns Ferry nuclear power plant in northern Alabama, cooling its reactors after power transmission lines into the plant were knocked out by severe storms in the state.
Traders work on the floor of the New York Stock Exchange

World Market Overview 04/25/2011

U.S. stocks ended higher on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
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World Market Overview Report

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Traders work on the floor of the New York Stock Exchange

US stocks advance on earnings but data weighs

U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
Traders work on the floor of the New York Stock Exchange

US stocks advance on upbeat earnings

U.S. stocks advanced in early trade on Thursday as robust earnings from Apple, Morgan Stanley and General Electric offset higher-than-forecast jobless claims data.
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GE profit and revenue top Street view

General Electric Co posted quarterly results that blew past Wall Street's expectations on Thursday, joining a wave of better-than-expected earnings in the U.S. manufacturing sector.

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