News

GE had already gotten rid of the 49% of NBC it still owned by selling it to co-owner Comcast in 2013, and sold off its appliance business to China-based Haier in 2016. But the pace of divestitures ...
When Culp, the first outsider to run GE, took the helm in 2018, the company was struggling with weak profits and a mountain of debt. Its stock had fallen nearly 80% from highs in 2000 and lost its ...
The electric vehicle manufacturing company set up the subsidiary office with a starting capital of $2.75 million (KSh 355.3 million, based on the current exchange rate).
GE effected a 1-for-8 reverse stock split on July 30, 2021. The split adjusted shares began trading on August 2 above $100, the company announced. The reverse split multiplied the price of the ...
Some of President Donald Trump’s steepest tariffs are on products like washing machines, and on Thursday, GE Appliances said it would spend a half a billion dollars to make even more of them in ...
GE Appliances office building in Burlington, Ontario, Canada. The company is investing nearly $500 million to move some operations to its Kentucky headquarters. (Getty Images / Getty Images) ...