Search results for "general electric"

The world’s two largest aircraft leasing companies are combining to create a new financing giant after Ireland’s AerCap finalised a deal worth more than $30 billion to buy the leasing unit of General Electric. The two...

General Electric Co said on Wednesday it would take a hit of $300 million to $500 million to its first-quarter cash flow from the coronavirus outbreak, while reaffirming its cash and profit targets for the full...

General Electric (GE) may cut more than 1,000 jobs in France, which could set the U.S. company on a collision course with the French government which has consistently urged GE not to cut French jobs. A...

General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewable energy. The...

The deal, which marks the first step in the divestiture of the lighting business, includes GE Lighting in Europe, the Middle East, Africa and Turkey, along with its Global Automotive Lighting businesses. U.S. industrial conglomerate General...

Boston-based GE in August was reportedly planning to close the plant by June 2018 and move the work to China. The plant, part of GE’s troubled power business, assembles electronic boards and employs about 100 people....

Shareholders appear resigned to a cut in dividends, the first since 2009, as GE had only $7 billion in cash flow at the end of September, but was due to pay out $8 billion. Iconic American...

News Hour: General Electric Co will use more alliances to build its digital-industrial business in coming years, Chief Executive Officer John Flannery said on Wednesday, suggesting the industrial conglomerate will curb spending in that area. GE...

Japanese automaker Honda and US giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing “affordable” electric vehicles from 2027. “After extensive studies and analysis, we have come to a mutual...

General Motors Co said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks, the automaker’s first U.S. powertrain facility repurposed for EV-related production. Th largest U.S....