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 ...

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 ...

This year, GE Appliances is adding that microwave functionality with the Next Gen Kitchen Hub. This new Kitchen Hub retains the 27-inch design from the original, but gains a 1.9 cubic foot microwave.

For 2023, GE posted the largest share appreciation of any U.S. industrial, clocking a gain of 95.8%, including value of the GE HealthCare stock investors received at the spinoff.

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) ...