General Electric

General Electric Mocked Startups, Proclaimed Itself as Tech Company

GE have been trying attract tech workers since last year. In its new Oscars ad, GE mock the startups and proclaim itself as a tech company and an industrial company.

General Electric agreed to pay $2.25M penalty for air pollution

General Electric Co. will pay a $2.25 million in civil penalty for releasing unsafe levels of air pollution former silicone plant in Waterford.

GE Healthcare introduces Cloud Services that would process and store Health Data

GE Healthcare introduced its Health Cloud service, a cloud-based place that could store patients’ records online, to enhance health data connectivity.

Electrolux AB down after US Justice Department's refusal

Electrolux AB fell in the US trading after the US Justice Department rejected a proposal to resolve the Swedish company’s antitrust lawsuit that would block the $3.3 billion acquisition of General Electric’s household-appliance business.

US export companies look to other shores as EXIM shuts down

The US companies engaged in foreign trade and aviation firms find it difficult to run the show following the closure of the US Export-Import Bank (EXIM). This causes non-availability of export financing and loan guarantee for the US companies. As a result, many comapnies are planning to shift out of the US to establish units overseas. Aerospace Industries Association is lobbying with Congress members for revival of EXIM.

General Electric to sell Healthcare Financial Services biz to Capital One for $9bn

GE has decided to sell its healthcare financial business unit to Capital One for $9bn. This is part of its business plan to offload $100-bn worth assets by 2015 end. GE to remain focused on its core business operations.

Latest Stories

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Must Read

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

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