The past decade has brought increasing evidence of the rot inside General Electric. The naming of the first outsider as chief executive and a write-down approaching $23 billion in its power unit are ...
General Electric Co. executives didn’t notify the company’s board until this month about its regular flying of a spare business jet for its CEO, and it didn’t tell directors that GE had received an ...
The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket. By Stanley Reed Reporting from London GE Vernova, the maker of the ...
General Electric’s board of directors has approved a plan to spin off energy business Vernova on 2 April, setting up GE to become a standalone aviation company named GE Aerospace on that date. The ...