The possibility of the Federal Reserve gaining regulatory authority over General Electric Co's hefty finance arm could influence how the company restructures that business.
Abu Dhabi state investment agency Mubadala Development said on Wednesday it was interested in partnerships with leading aerospace groups but denied a report it planned to take stakes in major European aerospace companies.
Microsoft is taking a novel approach to promote business-to-business products by featuring Jack Welch, former CEO of General Electric, and his wife, Suzy Welch, in a series of reality videos online.
Yahoo Inc. said late Thursday that Tim
Morse, the former chief financial officer of chip maker Altera Corp., will become its new chief financial officer.
Nokia's popularity among teenagers is fading, as the world's top handset maker has failed to introduce attractive mass-market models, according to a survey by networking site Habbo Hotel.
Diversified U.S. manufacturer Honeywell International Inc said on Tuesday it had landed a contract worth up to $700 million over 10 years to provide logistical services to the U.S. Marine Corps.
General Motors Corp will be replaced by Cisco Systems Inc in the Dow Jones Industrial Average and Citigroup Inc will be replaced by Travelers Companies Inc , Dow Jones Indexes said on Monday.
GE Oil & Gas said on Thursday it will supply Abu Dhabi Company for Onshore Oil Operation (ADCO) with its advance technology and services together with ABB in supplying the variable speed drive system (VSDS) electrical scope, including motors, transformers and converters.
Q-Cells has no plans to further beef up its balance sheet at the moment, as recent steps have secured its mid-term financing position, the company's chief executive has told Reuters.
General Electric Co aims to boost its investment in clean-tech research and development to $1.5 billion a year by 2010, the largest U.S. conglomerate said on Wednesday in its annual Ecomagination report.
General Electric Co's growth will be harder to come by in coming years given the prospect the global economy may grow at a slower pace once it emerges from recession, the company's chief executive said.
The largest chemical maker in the US, Dow Chemical on Wednesday said it will sell another $900 million strategic assets from its Calcium Chloride unit for $210 million to pay down its debt on its Rohm and Haas acquisition of $16.4 billion.
General Electric Co has already raised all the money it planned to seek on debt markets for 2009 and may reach its 2010 goal before the year is out, Chief Executive Jeff Immelt said on Tuesday.
Aerospace and defense company shares on Monday fell as Goldman Sachs analyst upgraded aerospace sector and downgraded defense cautiously as spending expected to peak next year.
General Electric's transportation unit unveiled a new line of fuel efficient and low emissions locomotives on Monday offering them as an alternative to the aging fleet, the company said.
General Electric Co plans to invest $100 million in a factory to build high-tech batteries for heavy equipment, which it believes could be a $1 billion business over the next decade.
General Electric Co plans to invest $100 million in a factory to build high-tech batteries for heavy equipment, which it believes could be a $1 billion business over the next decade.
Improved credit markets have brought stabilization to the economy but it is still not clear when growth will resume, General Electric Co Chief Executive Jeff Immelt said on Tuesday.
General Electric announced Tuesday it will open a new factory to manufacture high tech batteries in upstate New York, creating 350 new jobs.
General Electric Co said on Thursday it plans to invest $6 billion by 2015 to help its healthcare customers cut costs, in a push the biggest U.S. conglomerate is calling Healthymagination.
General Electric Co said on Thursday it plans to invest $6 billion by 2015 to lower the cost of healthcare, in a push the U.S. conglomerate is calling Healthymagination.
On Tuesday, General Electric announced its Wireless Monitoring Solution capable of improving operational efficiency and productivity by reliably monitoring, diagnosing and maintaining water equipment and processes.
