General Electric Upbeat On 2021 After Profitable 2020
General Electric upbeat on 2021 after profitable 2020
GM Won't Take Stake In Electric-truck Startup Nikola
GM won't take stake in electric-truck startup Nikola
Why Charles Schwab Is Laying Off 3% Of Its Employees
The corporation is purchasing and combining with TD Ameritrade, which means an overlapping of positions that are seeing cuts.
Siemens' Energy Unit Spinoff Lags Expectations In Market Debut
Siemens' energy unit spinoff lags expectations in market debut
Charge As You Drive: Tel Aviv To Be First To Test Electric Roads To Power Public Transport
Tel Aviv-Yafo Municipality will test a new technology that will power electric vehicles via electric roads. Tests will be conducted on specially equipped buses.
Activist Nelson Peltz' Hedge Fund Trian Buys Stake In ‘Undervalued’ Comcast
Cable giant has a strong broadband business, but its media divisions have weakened
General Electric Exits Coal Power Business, Environmentalists Cheer Decision
industrial conglomerate said it will now focus more on renewable energy projects.
What Did General Electric CEO H. Lawrence Culp Jr. Say To Send GE’s Stock Surging?
General Electric's CEO H. Lawrence Culp Jr. showed optimism for the company for Q3 and beyond. Here's what he had to say.
India's Reliance Denies Plans For Amazon Mega-deal
India's Reliance denies plans for Amazon mega-deal
Bayer Posts 9.5 Bn Euro Loss On Glyphosate Settlement
Bayer posts 9.5 bn euro loss on glyphosate settlement
Raytheon Sells Military GPS Business, After Cutting 8,000 Aerospace Jobs
The coronavirus’s impact on plane travel “has proven to be a lot worse” than what Raytheon originally expected, its CEO said.
General Electric Plans To Divest Entire Stake In Baker Hughes In Three Years
GE owns about a 37% stake in the oilfield services company.
General Electric Posts Second Quarter Loss, On Better-Than-Expected Revenues, But Aviation Unit Weak
GE shares have dropped 38% this year
Volkswagen Dieselgate: VW 'Unethical,' Top German Civil Court Orders Compensation In Emissions Scandal
The landmark ruling opens the way for German VW owners whose vehicles were equipped with devices that gave false emissions readings during testing to claim compensation.
GE Layoffs 2020: Why The Engine Manufacturer’s Aviation Division Plans To Cut 13,000 Jobs
GE's aviation division plans to cut 25% of its workforce amid the coronavirus pandemic.
Wednesday's Stock Market Open: US Equities Rise Ahead of Fed Decision, Statement, 1Q GDP Sank 4.8%
U.S. stocks traded higher on Wednesday ahead of the Fed’s policy statement
Coronavirus News: Ford Postpones North American Vehicle Production, Commits To Producing Ventilators
Ford will continue to delay production at its North American production plants as it looks to produce ventilators for coronavirus patients.
GE Seeks To Sell Engines To Airbus As Boeing Scales Back Production
GE wants to compete with Rolls Royce is selling engines to Airbus
US To Block GE Engine Sales, China's New Passenger Plane Faces Turbulence
Reports that the Trump administration is considering a ban on the sale of GE engines for use in China's first major commercial airliner Comac C919 has roiled the global aviation industry.
Wednesday's Stock Market Close: US Equities Close Mixed As Fed Keep Rates Unchanged
U.S. stocks closed mixed on Wednesday as traders welcomed some strong corporate earnings while the Fed kept interest rates unchanged.
GE Pension Freeze: How Will It Impact The 20,000 Employees Affected?
GE said it will freeze the pension plans of 20,000 salaried employees as well as 700 executives.
Russian, Italian charged with stealing GE Aviation secrets
A man works with a jet engine at General Electric (GE) Celma, GE's aviation engine overhaul facility in Rio de Janeiro, Brazil
Stock Market Today: US Markets Gain On Hong Kong, Brexit Developments, Dow Gains 0.9%
Hong Kong's leader's decision to withdraw an extradition law and the British Parliament's decision to block a hard exit from the EU sent stocks higher.
GE Stock Price Jumps 6.4% As Danaher Acquires BioPharma Business For $21B
GE got a much needed financial lifeline with the sale of its life sciences business for $21 billion.
General Electric Reveals Deeper Regulatory Probe, Restructuring
General Electric Co (GE.N) slashed its quarterly dividend to a penny a share, said it would restructure its power unit and that it faced a deeper accounting probe as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate.
Trian Fund Evaluates Takeover Bid For Papa John's
Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc., the Wall Street Journal reported on Monday, citing people familiar with the matter.
General Electric Replaces CEO And Shares Soar
General Electric Co. replaced Chief Executive Officer John Flannery on Monday and said it would take a roughly $23 billion charge to write off goodwill in its power division, primarily from a large acquisition it made in 2015.
Canada's Barrick Gold To Buy Randgold Resources In $18.3 Billion Deal
The deal marks the biggest transaction in years in the gold mining industry, where companies have come under fire from investors for poorly managing capital, forcing them to focus on costs while dampening enthusiasm for acquisitions.
German Industrial Gases Group Linde Says Regulators Likely To Demand More Divestitures In Praxair Deal
German industrial gases group Linde said it and U.S. rival Praxair may need to sell more assets than anticipated to secure antitrust approval for their planned $87 billion tie-up, which could scupper the deal.
Roche Completing Foundation Medicine Buyout In $2.4 Billion Transaction
In April 2015, Roche bought a majority stake in Foundation Medicine. On Tuesday, the two companies announced a definitive merger agreement, in a transaction that would value Foundation at $5.3 billion.