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Keyword: ge

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  • Order with GE (General Electric) paid for and told it will arrive 6-12 weeks. It's been 5 months. No end in sight. Should I file with the Attorney General?

    12/05/2022 1:53:36 PM PST · by Beowulf9 · 91 replies ^ | Dec 5 2022 | Beowulf9
    I made an order with GE August 5. Paid for a combo microwave/oven. Mine is 12 years old and the microwave stopped working. I had the tech out and he told me he can repair it but when the stove goes they do not make parts for it anymore. Suggested I might just get a new one. My kitchen has it such that my old combo microwave/oven is set in a cabinet that has no room for expansion on either side. Hence I am forced to buy the only combo microwave/oven that fits, and that is GE's product. So I...
  • GE is laying off 20% of its workforce devoted to onshore wind power, costing hundreds of jobs

    10/06/2022 9:14:44 AM PDT · by Tell It Right · 36 replies
    CNBC ^ | 10/6/2022 | Seema Mody
    General Electric is laying off 20 percent of its U.S. onshore wind workforce, which equates to hundreds of jobs, according to a person familiar with the matter who declined to be named.
  • Thank you, GE… General Electric Suspends Vaccine Requirement After Supreme Court Ruling

    01/14/2022 9:31:56 PM PST · by SeekAndFind · 9 replies
    General Electric Suspends Vaccine Requirement After Supreme Court RulingGeneral Electric, one of America’s largest employers, announced on Friday that it has suspended its coronavirus vaccine or test requirement for its employees after the U.S. Supreme Court blocked Joe Biden’s vaccine mandate for large businesses this week. “The maker of jet engines, wind turbines and medical scanners confirmed the decision Friday via email,” Bloomberg News reported. “GE is the first major company to announce a halt after the court’s decision Thursday to block the centerpiece of President Joe Biden’s push to boost Covid-19 vaccinations.”
  • GE halts COVID vaccine-or-test mandate for employees after Supreme Court decision

    01/14/2022 6:56:47 PM PST · by DoodleBob · 21 replies
    Boston Globe ^ | January 14, 2022 | Anissa Gardizy
    Following the Supreme Court’s decision to block President Biden’s vaccine-or-testing rule for large companies, General Electric said it would suspend the implementation of the mandate for its employees. The Boston-based maker of jet engines, wind turbines, and medical scanners confirmed the decision Friday via e-mail. GE is the first major company to announce a halt after the court’s decision to block the centerpiece of Biden’s push to boost COVID-19 vaccinations. GE holds a number of government contracts, so its 56,000 employees in the US originally fell under a separate vaccination mandate for federal contractors. The company paused that requirement in...
  • General Electric to split into 3 public companies

    11/09/2021 8:12:08 PM PST · by SeekAndFind · 8 replies
    Market Beat ^ | 11/09/2021 | MICHELLE CHAPMAN, AP BUSINESS WRITER
    General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. It is the culmination of an arduous, yearslong reshaping of a symbol of American manufacturing might that could signal the end of conglomerates as a whole. “It’s over now," said Nick Heymann of William Blair, who has followed GE for years. "In a digital economy, there’s no real room for it.” The company has already rid itself of the products most Americans know including its appliances and last...
  • GE to end its run as a conglomerate, split into 3 companies

    11/09/2021 7:30:01 PM PST · by blueplum · 17 replies
    NYDaily News ^ | 09 November 2021 | MICHELLE CHAPMAN, Associated Press
    General Electric, the storied American manufacturer that struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, health care and energy. The company’s announcement Tuesday is the culmination of an arduous, yearslong reshaping of a symbol of American manufacturing might that could signal the end of conglomerates as a whole.
  • Metal falls from sky in Broomfield; United jet lands safely at DIA after engine failure (Denver to Honolulu Flight)

    02/20/2021 3:37:01 PM PST · by Drago · 36 replies
    Fox 31, Denver ^ | 02/20/2021 | Staff
    BROOMFIELD, Colo. (KDVR) — Large chunks of metal rained down on northwest Denver metro neighborhoods Saturday afternoon after a United Airlines plane reported engine trouble. United Airlines confirmed flight 328 departed Denver International Airport for Honolulu at 12:15 p.m.
  • Kudlow says GM CEO offers to make ventilators in shuttered auto factories

    03/18/2020 4:45:10 PM PDT · by yesthatjallen · 66 replies
    The Hill ^ | 03 18 2020 | Zack Budryk
    White House economic adviser Larry Kudlow said Wednesday that General Motors CEO Mary Barra offered the automakers’ shuttered factories to produce ventilators to address the coronavirus crisis. Barra reportedly made several suggestions for how GM could assist the government, including using factory space for ventilator production, a person familiar with the matter told Bloomberg, adding that the government has yet to formally request the use of GM facilities. The automaker “is working to help find solutions for the nation during this difficult time and has offered to help, and we are already studying how we can potentially support production of...
  • Jack Welch, Former Chairman And CEO of GE, dies at 84

    03/02/2020 6:01:00 AM PST · by Enlightened1 · 59 replies
    CNBC ^ | 03/02/20
    Jack Welch was a railroad conductor’s son who rose to chairman and CEO of General Electric.During the 20 years he led the conglomerate, its market value grew from $12 billion to $410 billion.Fortune magazine once called him “manager of the century,” but he also was known as “Neutron Jack” for slashing tens of thousands of jobs.  Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.His death was announced Monday by his wife, Suzy. With...
  • No one asks the top CEOs where they went to college (very good article)

    03/14/2019 9:24:15 PM PDT · by Beave Meister · 42 replies
    Chicago ^ | 3/14/2019 | JOE NOCERA
    The perception that only elite schools produce elite leaders needs to die. The No. 1 company in last year’s Fortune 500 was Walmart Inc., with $500 billion in revenue. That would make its chief executive, Douglas McMillon, a pretty important and powerful executive, don’t you think? Can you guess where he went to college? The University of Arkansas. He has an MBA, too. From the University of Tulsa. Second on the list was Exxon Mobil Corp. Its CEO, Darren Woods, went to Texas A&M. Third was Berkshire Hathaway Inc., run by the man many consider the greatest investor who ever...
  • General Electric Will Rise Again — Here’s Why

    12/07/2018 7:05:57 PM PST · by SeekAndFind · 14 replies
    Banyan Hil ^ | 12/05/2018 | Jeff Yastine
    One thing I’ve seen over and over again in my career as a journalist and investor is the well-documented phenomenon of Wall Street analyst “pile-ons.”You know, where a stock is headed unsustainably higher and higher — and analysts outdo each other raising their price targets.It happens in the other direction too, where analysts come up with all sorts of reasons to justify why a company’s stock will head lower and lower.That’s certainly the case with General Electric Co. (NYSE: GE) these days.A shareholder would seemingly have to be stupid, crazy or “very, very brave” (as Vanity Fair’s finance writer...
  • Fukushima news; G.E. UNDER D.O.J. CRIMINAL cloud, Criminal Crammer C.N.B.C. tries to COVER HIS ASS

    11/30/2018 12:06:51 PM PST · by Tilting · 36 replies
    YouTube ^ | Nov 30, 2018 | kevin blanch
    CATCH THE FALLING NUCLEAR knife in the BACK;; G.E., C.N.B.C. THE greatest Ponzi Scheme IN U.S. history;; Kevin d. blanch Ph.D. Son of CASSANDRA, Crammer and C.N.B.C. CRIMINAL GAND WORKED FOR G.E. the C.N.B.C., General electric CRIMINAL Ponzi scheme pomp pomp team FROM HELL;; 2000-2018 THE GREAT U.S. B.O.T. years;; DEBT, WAR, CONSUME, KILL the ECOLOGY & PROUD BUSH OBAMA TRUMP
  • GE takes $22.8B loss in Q3, reveals DOJ criminal probe

    10/30/2018 9:06:15 AM PDT · by rintintin · 32 replies
    The Hour ^ | Oct 30 2018 | Alexander Soule
    General Electric took a $22.8 billion loss in the third quarter, with the conglomerate disclosing a criminal investigation by the U.S. Department of Justice over its financial reporting. Under its new chairman and CEO, General Electric is cutting its quarterly dividend to a penny a share next year, after paying out 12 cents over four successive quarters and 24 cents in the prior year.
  • United States : GE Appliances Plans $200 Million-Plus Investment, 400 New Jobs in Louisville

    10/04/2018 8:30:54 AM PDT · by bigbob · 17 replies
    Marketwatch ^ | 10-3-18 | NA
    During a news conference in Louisville, Gov. Matt Bevin joined elected officials and Kevin Nolan, president and chief executive officer of GE Appliances, a Haier company, to announce the appliance manufacturer will create 400 new jobs with a $200 million-plus investment in its laundry and dishwasher production facilities. GE Appliances has long been an exemplary corporate partner for Louisville and the commonwealth, Gov. Bevin said. This iconic company has employed many thousands of Kentuckians for generations, and we are grateful for their most recent investment in the Bluegrass State. As GE Appliances continues to adapt to a changing marketplace, we...
  • General Electric Drops on Confirmation of Issue with Turbine Component

    09/20/2018 3:38:04 PM PDT · by BenLurkin · 7 replies ^ | 09/20/2018 | Anders Keitz
    The Boston-based company discovered an "oxidation issue" that could cause distress on blade components of the HA gas turbine. GE launched the HA turbine in 2016 and has received orders for more than 80 turbines, more than half of which have already shipped to customers in the U.S., Europe and Asia. "Obviously, this was a frustrating development, for us, as well as for our customers," GE Power CEO Russell Stokes wrote in a LinkedIn post. "But we have identified a fix and have been working proactively with HA operators to address impacted turbines." "A few weeks ago, there was an...
  • GE shares pop after plans to spin off health-care unit, on pace for its best day in 3 years

    06/26/2018 12:39:26 PM PDT · by SeekAndFind · 16 replies
    CNBC ^ | 06/26/2018 | Tae Kim
    GE on path to reduce debt by $25 billion GE's turnaround strategy is becoming clear. The company announced plans on Tuesday to spin off its health-care unit and separate its stake in oil services company Baker Hughes over the next two to three years. GE will focus its operations on the aviation, power and renewable energy businesses. “Today marks an important milestone in GE’s history. We are aggressively driving forward as an aviation, power and renewable energy company — three highly complementary businesses poised for future growth. We will continue to improve our operations and balance sheet as we make...
  • General Electric shareholders should rejoice at the Dow removal

    06/20/2018 7:56:38 AM PDT · by Red Badger · 30 replies
    CNBC ^ | 06/20/2018 | Tae Kim
    After more than a hundred years as a component in the Dow Jones industrial average, General Electric will be replaced by drugstore chain Walgreens Boots Alliance next week. But GE investors may take solace in the recent history of stock price out performance from the companies booted from the Dow. On Tuesday David Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices, said in a statement adding Walgreens to the Dow Jones industrial average will make the index "more representative of the consumer and health-care sectors of the U.S. economy." "Today's change to the (Dow...
  • General Electric gets booted from the Dow

    06/19/2018 3:50:31 PM PDT · by Magnatron · 52 replies
    CNN Fake News ^ | 19 June 2018 | Matt Egan
    For the first time in 110 years, General Electric will not be a member of the elite Dow Jones Industrial Average. S&P Dow Jones Indices announced on Tuesday that the iconic maker of light bulbs and jet engines will be replaced in the 30-stock index by Walgreens Boots Alliance. GE (GE) was an original member of the Dow in 1896 and has been in it continuously since November 7, 1907. Being ousted from the Dow is the latest indignity for GE, which is dealing with a serious cash crisis caused by years of bad deals. GE has replaced its CEO,...
  • GE booted from the Dow, to be replaced by Walgreens

    06/19/2018 3:24:17 PM PDT · by NohSpinZone · 54 replies
    CNBC ^ | 6/19/18 | By Angelica LaVito
    * Industrial giant General Electric is out of the Dow Jones industrial average and will be replaced by drugstore chain Walgreens Boots Alliance. * GE was one of the original components of the Dow Jones industrial average of 30 stocks in 1896.
  • GE Aviation Gets Win as Rolls-Royce Dreamliner Engine is Grounded (Bright spot for troubled company)

    06/11/2018 2:12:43 PM PDT · by SeekAndFind · 18 replies
    The Street ^ | 06/11/2018 | Taylor Nicole Rogers
    General Electric's (GE - Get Report) Aviation unit, one of the few businesses in which the troubled conglomerate is making money, is poised to take advantage of the engine problems suffered by a chief rival. Rolls-Royce Holdings PLC, GE's biggest competitor in airplane engines, said Monday that all 166 of the engines it built for Boeing's fleet of 787 Dreamliners must be grounded pending inspection of a faulty part. The British manufacturer's misfortune provides a rare opportunity for a win for GE, who makes the only engine interchangeable with Rolls-Royce's Trent 1000. "It's hard to make the direct connection to...