General Electric

Former GE chief and management icon Jack Welch dies at 84

03 Mar 2020

Welch followed a results-driven, hands-on style of management that helped GE turn around, although at the expense of thousands of employees who lost their jobs as Welch went on cutting costs and getting rid of unprofitable businesses

GE's WMC Mortgage unit files for bankruptcy

29 Apr 2019

GE to sell biopharma business to Danaher for $21.4 billion

26 Feb 2019

The reversal of an earlier decision not to sell the biopharma business will accelerate GE’s strategy to reduce leverage and strengthen its core healthcare businesses thereby strengthening its balance sheet

PE firm Apollo looking to buy GE's aircraft leasing business: report

08 Jan 2019

Troubled GE drops out of Dow Jones for first time in 110 years

20 Jun 2018

General Electric (GE) was the last original member of the Dow Jones Industrial Average, tracing its roots to Thomas Edison's light bulb business founded in the 1890s. It will be replaced on the index by drugstore chain Walgreens Boots Alliance

Railways inducts first two GE-made high horse power engines

24 Feb 2018

GE Capital's $6.2 bn insurance losses force a revival of breakup plans

17 Jan 2018

General Electric Co is planning to undertake a more comprehensive restructuring, a decade after it hived off substantial businesses to concentrate on its main business

UK regulatory agencies approve Hitachi-GE nuclear reactor

15 Dec 2017

Tata Group, GE team up to manufacture aero engine components in India

14 Dec 2017

General Electric to cut 12,000 jobs in electrical power division

08 Dec 2017

GE to shrink operations, focus on three core businesses: report

13 Nov 2017

GE will close its research and development centers in Shanghai, Rio de Janeiro and Munich, leaving the company with R&D facilities only in New York and Bangalore

General Electric profit down 10% at $1.8 bn in July-Sept quarter

21 Oct 2017

GE’s new CEO John Flannery vowed to shed more than $20 billion worth of assets and hold executives accountable for failing to deliver after what he called “horrible” results in the third quarter

Microsoft in wind project pact with GE

10 Oct 2017

GE’s Jreffrey Inmelt retires as chairman, quits board

03 Oct 2017

Scrapping rail locomotive deal to have serious consequences: GE

27 Sep 2017

GE’s oil and gas business merges with Baker Huges Inc

04 Jul 2017

Baker Hughes, now a GE company, is the first and only company to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development, according to GE

ABB, Schneider Electric, PE firms in the race for GE’s industrial solutions division

22 Apr 2017

General Electric weighs sale of consumer-lighting division

06 Apr 2017

General Electric to sell water and process technologies business for $3.4 bn

09 Mar 2017

General Electric to sell 43% stake in S Korean credit card firm Hyundai Card Co

02 Feb 2017

General Electric to divest two industrial units, cut $1 bn in cost

15 Dec 2016

Reliance Industries and GE form global IoT partnership

17 Nov 2016

RIL and GE will work together to provide industrial IoT solutions to customers in oil & gas, fertiliser, power, healthcare, telecom and other industries

GE to merge Baker Hughes to create a $30 bn oilfield services giant

31 Oct 2016

With $32 billion in combined revenues, and operations in over 120 countries, the “New” Baker Hughes will be the second-largest oilfield services provider

Baker Hughes, GE in oil-field services partnership talks

28 Oct 2016

Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry

GE to buy 75% in German 3D printing maker Concept Laser for $599 mn

28 Oct 2016

The move comes a day after GE abandoned its €683-million  takeover offer for German 3D printer maker SLM Solutions Group