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GE Makes Move It's Only Made Once Since the Depression
General Electric announced big moves on Monday as part of a strategy to streamline the struggling company, including a rarity: GE is slashing its dividend for only the second time since the Great...
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After 100 Years, Last Original Dow Member Booted From Index
General Electric will be dropped from the Dow Jones industrial average next week, ending the industrial conglomerate's more than 100-year run in the 30-company blue chip index, the AP reports. S&P...
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Struggling GE Makes a Surprise Move
More turmoil at GE: The company has ousted CEO John Flannery a little more than a year into the job. Flannery took over from longtime exec Jeff Immelt in August 2017 with grand plans to restructure...
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Most-Hated Firm in America Has 'String of PR Disasters'
The opposite of love may be indifference, but hate is what Americans harbor for the companies that annoy, enrage, and frustrate them. And those firms fall in a variety of sectors, per 24/7 Wall St .,...
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GE Sells Off Another Big Piece of Itself
General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate, per the AP . The biopharma unit, part of GE...
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One of the Most Prominent American CEOs Is Dead
Jack Welch, the former CEO of General Electric, has died at age 84, reports CNBC . The outlet notes that Welch oversaw an expansion at GE that saw its market value rise from $12 billion to $410 billion...
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The Lighting Game Made GE. Now It Says Goodbye
General Electric has sold its lighting business, which originated with Thomas Edison more than 140 years ago. For some, it's "as if Kellogg had jettisoned its cornflakes business or Ford had stopped...
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One of America's Oldest Companies Is Splitting Up
General Electric will divide itself into three public companies focused on aviation, healthcare and energy, reports the AP . The storied American company, founded in 1892, has refashioned itself from...
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2 More Conglomerates Are Breaking Up
Johnson & Johnson plans to split into two publicly traded companies. And in case you're wondering, no, they won't be called "Johnson I" and "Johnson II." Johnson & Johnson will keep its name...
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